Gl3n
Long

EURGBP H4 Ichimoku trade set up

FX:EURGBP   Euro / British Pound
Hey traders, hope you're all well and spent a good week end.

For the week ahead I will keep an eye on this ichimoku trade set up. You can see on the chart that the price violated the previous structure resistance (The orange Box), we can expect the price continuing higher.

I will look to enter at a KJ retest (white line).
Target : previous high candle close (green line)
SL : 78,6% fib (red line)

Extended target 127,2 % fib ext with trailing stop.
Trade active: Stop moved to BE target of the trade almost hit (<10 pips). The trade idea was a bit modified as the first swing which define the target moved up.

Comments

Target reached on the chart:)Great
Reply
Gl3n gtomi001
@gtomi001, I am currently in the trade, it is a continuation trend trade idea. Wait for a pullback to enter for a retest of the previous high :)
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