InsideMarket
Long

Trade #10 EURGBP - Hopping on the trend: second attempt.

FX:EURGBP   Euro Fx/British Pound
Hourly I see EURGBP             trending up. The current retracement is seen as an opportunity to hop on the trend.


There are some fibonacci confluence of the impulse retracement and the extension of the correctional impulse. The long position will be triggered there.

Target two is were impulse and trend targets confluence. Target one will be the top of the trend impulse.

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Happy trading!

Update: stopped out with -150 pips.
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