Euro / British Pound
Long
Updated

Buying EURGBP on RSI Divergence (Stocks will go down)

49
EURGBP usually moves up when stock indexes come down. (Don't ask me why, it is just an observation).

We are seeing the pair consolidating and oversold on H1, M30 and M15. Nice double bottom coming into play.

Stop loss will be tight at 30 pips. Looking for a 90 pip ride up.

Trade closed: stop reached
Agonizing trade that went up nicely and then crashed.

16/05/22 DEAL EUR/GBP Mini converted at 1.718213325 SD SD-51.55

Funds: SD10,133.07

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