EURGBP LONG SETUP

3 dic 2020

So after a long downtrend on the 4 hour we can see that the trend has been broken and the price is retracing to the previous high, also the zone where the market has been broken. The perfect entry will be around 0.90000, and we are expecting a lot of confluence which will consist of EMA-200 support, RSI hitting the low level and the bottom of bollinger bands, previous high support and trend break, and also bottom of an uptrend that is forming. The entry should be after the retest was made on the 4hour, and should be taken on the first retracement of the 15 minute retracement break to the upside. So after the retracement has completed, we will wait for the market to break to the upside on the 15 minute, wait for a retrace, then enter. TP 1- 0.90250, TP2 -0.90450, TP3-0.90700 or the -0.27 level of the fib if you want to keep it to breakeven. SL-0.89620, Or a tight one will be some pips under the retrace was made.

3 dic 2020

Operación activa

Entered the trade, SL-0.89450, TP1-0.90479, TP2-90670, TP3-91250

3 dic 2020

Operación activa

0.38 FIBS HIT..we can secure one position and place the SL of the others above the entry!

4 dic 2020

Operación activa

TP1 HITTT

7 dic 2020

Operación cerrada: objetivo alcanzado

tp1 hit, tp2 hit, tp3 almost hit! awesome trade!