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ITMSniper
Apr 26, 2019 5:05 AM

EURGBP 60 Long Range Trade Long

Euro Fx/British PoundFXCM

Description

Trend of EUR
Mostly in a down Trend if not heading into a range.
Trend of EURGBP
Looks like it is turning into a range. Price from 60m shows sellers not being able to make a new low on the first attempt
Currently the 2nd is sellers are slowing down.
Signs for entry (long)
Currently there are signs of sellers momentum dying off. Preparing for london open and hoping to see signs of Buyers coming in to activate the Long trade to take it to the top of the range

Trade active

Entered @86306

Comment

SL hit. Re entrred and shifted SL to 0.86273

Trade closed: stop reached

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