I HAVE BEEN MONITORING EURGBP FROM LAST WEEK AS COVERED IN MORNING AND EVENING CALLS. WE HAD A INITIAL PUSH UP LAST WEEK AND SHOULD THE NEW UPTREND CONTINUE WE HAVE BEEN WAITING FOR A RETRACEMENT TO TAKE A LONG TRADE AGAINST OUR 6 WEEK OLD SHORT TRADE.
WE HAVE NOW SEEN A RETRACEMENT AND HAVE SEEN THIS PAIR SELL OF IN THE LONDON SESSION AND NOW FINDING SUPPORT AT TREND LINE SUPPORT.
THE LAST HOUR CANDLE SHOWED BIG REJECTION CLOSING AS A "PIN BAR" CANDLE ON THE 15 , 30 NS 1 HOUR CANDLE.
WE HAVE NOW SEEN A RETRACEMENT AND HAVE SEEN THIS PAIR SELL OF IN THE LONDON SESSION AND NOW FINDING SUPPORT AT TREND LINE SUPPORT.
THE LAST HOUR CANDLE SHOWED BIG REJECTION CLOSING AS A "PIN BAR" CANDLE ON THE 15 , 30 NS 1 HOUR CANDLE.
Trade active:
30 pips in profits
Comment:
92 pips in profits move stop loss to break-even
Comment:
Risk free trade running