EURGBP - Follow the trend - Long
Updated
Hey friends!
Had been on Holidays for some weeks. Back again :)
Unfortunately I missed out Entry zone for EURGBP, but still decided to go Long today.
We are in uptrend since several weeks and Swinging between two trendlines. We bounced back often enough, to expect the move will go on.
As u can see in graph we got an low RSI, recovering right now. We went back above SMA 200, and will hopefully cross SMA 50. If this happens we got the confirmation to open more Long positions.
My Targets are the 0.9 for sure, where i will Close a part of my positions. But i am pretty sure we will see 0.0903 - 0.0904 before bouncing back. Thats my last Target and i will work with moving SL there.
Let's hope for the best! Happy trading guys
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Feel free to contact me private for further details or just chatting. Regards
Had been on Holidays for some weeks. Back again :)
Unfortunately I missed out Entry zone for EURGBP, but still decided to go Long today.
We are in uptrend since several weeks and Swinging between two trendlines. We bounced back often enough, to expect the move will go on.
As u can see in graph we got an low RSI, recovering right now. We went back above SMA 200, and will hopefully cross SMA 50. If this happens we got the confirmation to open more Long positions.
My Targets are the 0.9 for sure, where i will Close a part of my positions. But i am pretty sure we will see 0.0903 - 0.0904 before bouncing back. Thats my last Target and i will work with moving SL there.
Let's hope for the best! Happy trading guys
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Feel free to contact me private for further details or just chatting. Regards
Note
Milk the cow!Perfect hit of entry Zone ...
Let's see where we can go
Note
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