It can be observed that EURGBP is consolidating in a bull flag after a good move up.
Look to go long in the given buy zone which coincides with a support zone which was broken by the strong upmove!
Stop: below 0.8514
Target: 0.8595
Look to go long in the given buy zone which coincides with a support zone which was broken by the strong upmove!
Stop: below 0.8514
Target: 0.8595
Trade closed: target reached:
Missed actual target by 4 pips, booked out 1 lot around 0.8586 and holding another lot with stop at cost to see if it hits the target completely
Comment:
Stops hit on the 2nd lot for which I had trailed the stops to cost! Either ways, booked around $600 on the 1st lot :)