EURGBP - Long the double bottom

1 mag 2020

Very clear pattern forming on 12h time-frame. Price took stops below previous bottom at 0.86821 and reversed with strong daily close.
Longing possible retrace lower would provide nice long entry.

12 mag 2020

Trade attivo

Have to say that so far this is beautiful consolidation. I would like to see strong break above 0.88638 in the next day or two.

14 mag 2020

Nota

Have to say that price is a bit struggling to break up, I am taking partial profit and moving stop to entry.

I don't want to see price trading below 0.88 from now on.

17 mag 2020

Nota

After facing initial resistance, price broke up and is heading towards our target.

29 mag 2020

Trade chiuso: obiettivo raggiunto

Target reached, trade closed. Enjoy the profit!