EURGBP - Long the double bottom

1 במאי 2020

Very clear pattern forming on 12h time-frame. Price took stops below previous bottom at 0.86821 and reversed with strong daily close.
Longing possible retrace lower would provide nice long entry.

12 במאי 2020

עסקה פעילה

Have to say that so far this is beautiful consolidation. I would like to see strong break above 0.88638 in the next day or two.

14 במאי 2020

הערה

Have to say that price is a bit struggling to break up, I am taking partial profit and moving stop to entry.

I don't want to see price trading below 0.88 from now on.

17 במאי 2020

הערה

After facing initial resistance, price broke up and is heading towards our target.

29 במאי 2020

עסקה סגורה: היעד הושג

Target reached, trade closed. Enjoy the profit!