M-royce
Long

Potential Long opportunity for EurGbp?

FX:EURGBP   Euro / British Pound
The EurGbp has been moving sideways since September 2017 and price is boucing between 0.8720 and 0.8967 key levels.

A long tailed Doji or I would considered it as a Pin bar was formed on last Thursday, rejecting the price from the 0.8720 key support. The Pin was followed by another bullish candlestick , which complete the classic "Morning Star" pattern.

My position :

Entry : 0.8738
SL : 0.8643
TP : 0.8881


*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Mar 26
Trade active: Added my position size
But lessen my Stop Loss

** New SL : 0.8688
** New TP : 0.8813
Mar 27
Comment: The Euro surged higher against the Pound and reach my 1 to 1r.

I have adjusted my SL to Entry level for a zero risk trade.
Mar 29
Comment: The market kicked me out for only one pip of profit which I considered it as a breakeven trade.

26/2 - Eur/Cad (-1.0r)
27/2 - Gbp/Aud (breakeven)
5/3 - Nzd/Usd (+1.2r)
5/3 - Eur/Usd (+1.0r)
9/3 - Usd/Cad (-0.4r)
12/3 - Dollar Index (+0.7r)
15/3 - Gbp/Usd (+1.5r)
22/3 - Eur/Usd (+0.75r)
26/3 - Eur/Gbp (breakeven)
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