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VasilyTrader
Sep 21, 2020 5:55 AM

EURGBP: How to Catch Bullish Continuation??? Long

Euro Fx/British PoundFXCM

Description



hey traders,

if you missed a long trade from a key level on EURGBP,
pay attention to a minor ascending triangle on 4H today.
wait for a 4h candle close above its horizontal resistance and buy aggressively or on a retest.

your fist goal will be 0.925 level.

concerning a save stop placement, I would set it based on the last higher low within a flag formation.

if the market respects the resistance and drops setting a new structure low, our setup will be invalid.

Comments
UnknownUnicorn999651
I agree with you thanks!
lmulhare
Thanks for sharing :)
VasilyTrader
@lmulhare, you are welcome 🙏
PolarHusk
Impressive work!:)
VasilyTrader
@PolarHusk, thank you ☺️
ProjectSyndicate
nailed it. excellent overview and write-up.
VasilyTrader
@ProjectSyndicate, thank you 😊
simtrader19a
Daily swing up,makes 4h trend up to enter long on 1hr chart for continuation
VasilyTrader
@simtrader19a, thank you for comment!
simtrader19a
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