EUR/GBP Short Term Plan

Dec 30, 2019

After GBP bit the dust last week, we spot a little correction before moving up again. Let's see how it is going to turn out. We use tighter stop as it is a short-term trade and the main trend is an upward trend.

Entry: 0.855
Stop: 0.859
First target: 0.845 (2/3 take profit)
Final target: 0.837 (Fully close)

I wish everyone a happy new year!

Jan 2, 2020

Trade active

We could not touch our target however we still have good chance to touch with one more try.

Jan 5, 2020

Trade closed manually

With less than what we expected, we are closing our position with a small profit.