1. Currently the EUR Groups are weak therefore this is a counter trend trade against the EUR GROUP 2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range 3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
Trade active
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Entered long on the break of 0.8650 TP @ 0.86736 SL @ 0.86440
Trade closed: target reached
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TP 1 @ 0.86646
Trade closed: target reached
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Closed all position due to low volume (New York lunch time)