EURGBP Nice Buy Opportunity
Updated
Here we can see a very strong trendline on the H4 chart of EURGBP. As of yet confirmation that price is going to bounce off this level is not apparent however, I will be watching pair for the close of this first and potentially second H4 candle since the market opened. If we get any bullish candle this will be a strong trade to enter with a nice R:R of 1:6 leading us to some nice profit if things go our way. Lets wait and see what happens.
Trade active
Trade progressing nicely now. Entered at the desired 0.84895 entry and currently sitting 40-50 pips up. Stop loss moved into 10 pips profit to lock in some money.Trade active
This trade is going incredibly well. Almost a pip perfect entry and now I'm currently sitting 120 pips up. Stop moved to 0.858 to secure a very nice amount of profit but I think we should be able to reach the target.Trade closed: target reached
Lovely trade. +154 pips, +12% account value
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