Fibs
Long

EURGBP Long

FX:EURGBP   Euro / British Pound
Three reasons to go long in this chart:
- 61.8% retracement of latest leg up (blue)
- Support/Resistance level (yellow)
- RSI divergence.

T1 is at the 38% retracement of latest leg down (red) where there's also a support/resistance level (yellow).
T2 is at the 78 % retracement of latest leg down (red) where there's also the 11.4/88.6% distance of the leg up (blue)
T3 is at 27% extension of the latest leg up (blue) and the psychological level of 0.80000
Comment: T1 got hit. We closed 1/3 of our position and moved Stop Loss to 0.78436
Comment: T2 got hit (we chose the red line). Closed another 1/3 of original position. Stop Loss moved to 0.78829.
Comment: Locking in 23 pips more profit. SL moved to 0.79050
Comment: Locking in 15 more pips. SL moved to 0.79200
Trade closed manually: Took off the last 1/3 of the position at 0.79900 in light of the upcoming NFP news release.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out