TRADESBYZION

EURGBP 80 PIPS chance πŸ‡ͺπŸ‡ΊπŸ‡¬πŸ‡§

Long
OANDA:EURGBP   Euro / British Pound
Hello guys, πŸ‘‹πŸΎ
Wish you all a good weekend.πŸŽ‰

SIMPLE EXPLANATION SO EVERYONE CAN UNDERSTAND, EVEN BEGINNERS πŸ‘¨πŸ½β€πŸ«

So, we are ridding EURGBP once again.🀯

After the delay of BREXIT deal, and the rejection of rate exchange to GBP last friday, the GBP dropped from its last 2 years high value, and after analysing the charts once again, I decided to go for a LONG once again, after banking +200 PIPS already.

So,
Here we have the previous downtrend line (A), from the previous weeks.
On last friday two weeks ago, we had a break-through (D), and a re-test on the new uptrend line (B), indicating that the pair was keen to go bullish .
After a second re-test (E') on the last trading day of the last week, I decided to take this 80 PIPs chance by going LONG on this pair.

We might experience a litle retracment to the trend line again, thats why I've set my STOP LOSS a few PIPs below our previous LOW value (E').

Feel free to use this idea.πŸ’‘

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Comments

Nice, my setup is similar
+2 Reply
@fxpays I will check mate
Reply
nice
+1 Reply
TRADESBYZION ASAPFOREX
@ASAPFOREX thanks πŸ™πŸΎ
Reply
You ideas are amazing.
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TRADESBYZION rbmcrandal1234
@rbmcrandal1234 thanks mate πŸ™πŸΎπŸ˜Š
Reply