EUR/GBP Long
Updated
I came up with this idea because on 4H chart there is a pattern formed already.
My idea is that EURGBP will hit at least 0.8770 .As a second target i will set 0.8805 and as a third target 0.8835. I will risk 0.33% for each trade , we aware risk on your own!
My idea is that EURGBP will hit at least 0.8770 .As a second target i will set 0.8805 and as a third target 0.8835. I will risk 0.33% for each trade , we aware risk on your own!
Note
Move the stop loss to BE at 0.8652Trade active
First target at level 0.8770 has been hit . The other two trades are still running . Move now the stop loss to 0.8670 for both of two running trades.Trade active
Second target at level 0.8805 has been hit . The other trade is still running . Move now the stop loss to 0.8770 for the running trade.Trade closed: target reached
Close the remaining 0.33% at current level 0.8823, it is already near the last target .Completing the total profit around 2.4% gain from 1% risk . :)
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