I see EURGBP moving to the upside, this is because there are many signals telling me that this move will happen. Firstly from the Fibonacci we can see that price has bounced into the region between 71% and 78.6% and shot right back up and formed a Tweezer bottom. My entry would be when London Session Opens on Monday. TP will be set at 0.91667 and SL will be set at 0.87417 making the RR 1:4.3, however I would look to take 40% of profits once the Monthly level is hit at 0.91000.
Trade aktif:
Great start to the trade, will continue to rise
Trade aktif:
Still active, price hasn't closed below 78.6% for me to close. Adding one more position for a better entry