JLJ002500

EURGBP - Bias is still bullish, BUT that may soon change

FX:EURGBP   Euro / British Pound
32 0 4
Long trade still active. (Long @ .89652) First TP reached. Adjusted SL to .90210

EG will have some resistance before reaching final TP (.90850). I may take profits early if price action turns bearish .


My chart is cluttered with the past trades I have yet to delete. As you can see, I've been actively trading this pair this past month and have had a Bullish bias since the beginning of Sept. I've been entering long when EG has pulled back while the crowd entered short expecting a correction. That bias has lead to significant gains. With that being said, the chance is increasing for a significant correction (versus just a pull back).

1D:
1M: 1W:
Comment: Difficult to see price action on D1 chart above.
Trade closed: target reached: Took profits @ .9025 for a 60 pip gain.

KEEPING SCORE: WIN
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