Currencytrading
EURGBP : is this the time to do 1-2-3-4-5 for upside ?After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish reversal candlestick pattern : THREE LINE STRIKE , a channel breakout & a higher higher highs & higher lows in the lower time frame.
One can go long on EURGBP for the targets of 0.88 to 0.9 in the coming weeks.
Live Challenging Signal Buy EURGBP @ 0.84325Live Challenging Signal Buy EURGBP @ 0.84325
Signal Specification
Pair: EURGBP
Entry Type: Buy
Entry: 0.84325
Tp: 0.92074
Sl: 0.82462
R/R: 4.72
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
USDINR - Breakout makes Index to FallUSDINR is not in favour of Index movement, if this is going to break as per the pattern rule then Nifty and bank nifty trading exactly at the ATR and above ATR will fall once again.
Watch out your long trades guys. Something is not correct !!!
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