EURGBP may be giving us a excellent opportunity for a long trade.
After a big rally, it finally retracted to a support zone and broke out on the start of the week. Now it has came back to retest and broke a trendline on lower time frames. My inputs for this trade will be:
SL: 0.86700
TP 1: 0.88530
TP 2 :0.90365
TP 3: 0.91870
I will be updating the idea as the trade runs, with recomendations on the stop loss positions or early closes.
After a big rally, it finally retracted to a support zone and broke out on the start of the week. Now it has came back to retest and broke a trendline on lower time frames. My inputs for this trade will be:
SL: 0.86700
TP 1: 0.88530
TP 2 :0.90365
TP 3: 0.91870
I will be updating the idea as the trade runs, with recomendations on the stop loss positions or early closes.
Comment:
Licked our stop loss and now it's on TP1. Change stop loss to entry.