EURGBP 22/10/2021 Trade Plan

21 ott 2021

Hello, I am Agape
a daily and weekly swing trader

Let's see what is happening on EURGBP
From weekly perspective, it had rallied 240pips from the previous weekly swing high and break 0.852 as previous weekly support now turn into resistance
From daily perspective, it has rejected 2 times (18 october and 21 october) with pretty huge volume

So I will place pending buy stop order above today's candle close, i assume that if the bull is valid, it will trigger my order and push higher printing higher high higher low structure on intraday timeframe (H4 and below)

Stop loss at daily swing low and target price at 0.852 as i mentioned before

Manage your lot size
Place your trade at your own risk

26 ott 2021

Nota

I moved my stop loss 11 pips lower.
Previous: 0.841
After: 0.8399

27 ott 2021

Trade chiuso manualmente

I closed all my position at 0.8463 (previous daily resistance)
and i place new buy limit order at 0.8432

SL 0.8399
TP 0.852

Trade still on the track, hold on

31 ott 2021

Trade chiuso manualmente

Weekly close (29 October 2021) signs that bear still in control in this pair. So i will consider to switch sell right after market open in Monday.

Result: lose few pips

Case closed.