First Entry was at 0.8536 Second Entry is pending order at 0.8528 Stop is at 0.8507 Target is at 0.8571
I have 5 reasons to buy EURGBP for a daytrade.
1. Currency Strength Meter EUR is strong GBP is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bullish Divergence Signal
The Rules: If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
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