Is EURGBP getting ready for breaking 3 month high?
Updated
There has been some serious struggle during the past couple of months for EURGBP as the Euro and Cable were trendy. But it seems that buyers are at last getting in control. There was a strong push to the upside this week and I'm trying to buy in retracements in an anticipation for a 3 month high. Three buy positions. One entry at the market and the other two are buylimit orders.
Note
The other buylimit orders are active. The lowest buylimit activated this morning and just hit it's take profit level. Resignation of Boris Johnson did some part of the job :DThere is still 2 more buy orders open on this pair.
Let's see what will happen to them in this game of probabilities.
Note
Take profit of the second buy order is hit. We only have one buy position open. The Buy order with the highest entry price.
Sit tight, still waiting for a 3 month high break. I will announce when I'm going to bring my SL to BE (BreakEven) I'm not gonna BE the trade now. Just watching the market let it do it's thing.
Note
3 month high is broken. The price got as small as 1.9 pips to the last open buy order take profit. Still waiting.Trade closed manually
Closed the last open buy with +29 pips.
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