Trade 16: Bought EURGBP @0.7170
Trade Status: Active
S.L @ 0.7133
T1 0.7220
T2 0.7264
Balance = $29 617 Position size = 1.2 lot ~ 2-3% risk of capital
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Reasoning
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Technician
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Trade Status: Active
S.L @ 0.7133
T1 0.7220
T2 0.7264
Balance = $29 617 Position size = 1.2 lot ~ 2-3% risk of capital
===========================================================================
Reasoning
- New short term structure of higher highs and lows
- Resistance and trend line breakout
- Strong bullish hourly candle on opening. its been usual to see this behavior in the past few weeks. The euro opens the week lower on over the weekend negative news, but rally again in anticipation for a deal with Greece.
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com