LorbeerInv
Short

Pattern within Pattern with Pattern. Plenty Pips Opportunity!

OANDA:EURGBP   Euro / British Pound
As we speek the first ABCD gets triggered.

If price continues another more beneficial LorbeerPattern is waiting.

On profit target yet another Long LorbeerPattern triggers. These are all short to mid term trades. Since I already am short this pair on the long run and hort EURUSD on the long run, I will only trade small size to respect my money management and allocation setting but the LorbeerPattern is impressively powerful so I always get excited seeing one forming!
Trade active:
Comment:
Comment: Profit taking was the idea of the day! After closing the leg that was in profit, price shut right into resistance. Opened the second leg again this time with an even better entry! And price is in profit again. Time to look on the next profit realise :) Happy Friday to my Mirror Traders!
By the way, the short Lorbeer Pattern is still valid since price did not close above D
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Both trades in profit time to secure some profit
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Lorbeer Pattern just triggerd and already in Profit. 2/2 short trades
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