Euro / British Pound

Long

Where I want to buy EURGBP

By BACapitalManagement

Updated

I'm looking for buy opportunities around 0.866 price level. I'll be waiting for bull candles on the daily time frame which will signal to me to move to the 1H and place buy limit orders at previous market levels. This allows me to get in on pull backs.

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Daily bull candles were posted on 5/30 and 5/31, which I missed.

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I would have taken a few stop outs. But that's ok when you only risk 1/4% per trade!

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I'll be waiting for bull candles on the daily for possible additional entries.

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Bull candles posted on daily chart. Moving to 1H to place entries.

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Potential buy limit order entries. Stops go below level of entry.

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Bull candle posted on daily time frame.

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Rough look at entries and stops on 1H time frame.

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BACapitalManagement

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