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. ***
Trade active
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Added my position size But lessen my Stop Loss
** New SL : 0.8688 ** New TP : 0.8813
Comment
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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.
Comment
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The market kicked me out for only one pip of profit which I considered it as a breakeven trade.