EUR/GBP long opportunity

Mar 23, 2018

Oscillating up-trend market
+6 true S/R touches
MACD divergence
Phase: Pullback
Market deceleration
Bullish candlestick formation
More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average , you have to update your TP every day. Check my setup updates !

Mar 25, 2018

Note

The market condition over the past month has been choppy (it's not possible to judge a up-trending or down-trending market), but if you look at the big picture you notice that it's a pullback in a strong 2-year up-trending market. Since i am long trading here i benefit from this choppy condition.

Mar 26, 2018

Order cancelled

I considered to cancle the order because of the undecision market condition.

Mar 26, 2018

Note

Order active again

Mar 26, 2018

Trade active

Mar 26, 2018

Note

sl moved to 0.87075

Mar 26, 2018

Note

tp moved to 0.88242

Mar 28, 2018

Trade closed manually