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Trading_Vista
Oct 21, 2023 12:42 AM

EURGBP bullish for the week of 23 Oct. Long

Euro / Great Britain PoundEightcap

Description

Daily chart

Current trend is bullish, just broke above the 0.870 significant level.
H4 chart
A pullback to 0.870 region is in progress. IMO a bullish continuation to the next significant resistance 0.885 area is likely.

Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!

Trade closed manually

I got a good entry at 0.8690 and the trade was working as I anticipated. It however turned around and I could only manage to get 25 pips from it.
Comments
MyCryptoParadise_Nathan
Thanks for simplifying trading strategies.
Trading_Vista
Amedaias
agree, wait confirmation in buy zone
Trading_Vista
@Amedaias, thanks.
TheFxAce
Riding the bullish wave after reading your insights. Great job!
Trading_Vista
@TheFxAce, thank you.
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