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Eurgbplong

EURGBP Position RR 1-110 (Technical)Yesterday I have Entered this trade with 5 pips stop loss using 2% of my bank account. Currently it moved 50 pips in my direction. I just put it a bit above breakeven. Entry Reasons: On Montly/Weekly we can see that: 1) The price is slowing down. 2) On weekly chart we can see a Falling wedge formation. 3) Plus it is on monthly support level. 4) Also we can see the RSI MACD Divergence. So, in summary on technical side this pair is bullish. Will closely look at its fundamentals in process. My entry was: 0.83101 My Sl: 0.83151 My TP: 0.85601 PS: I wont move my SL to make the price more space to move. Will Update frequently.
Long
by Ryokoooo
1
EURGBP UpdateIt's A Classic Asian-London-New York Session Trade DAY 1 ( Wednesday) It Starts With Asian Box Consolidation London Session = M- Formation , Creating A Liquidity Pool (Reversing Downwards) New York Session = W- Formation , Retracting Upside Stop Loss : -15 PIps Target : +50 PIps 🎯 R:R = 1 : 3.33 DAY 2 (Thursday) It Starts With Asian Box Consolidation London Session = M- Formation , Creating A Liquidity Pool (Reversing To The Upside), Formed A Trencl-line Phantom New York Session = W- Formation , Retracting Upside (Expectation) Stop Loss : -15 PIps Target : +50 PIps 🎯 R:R = 1 : 3 DAY 3 (Friday) It Starts With Asian Box Consolidation London Session = Retesting A Bullish Breaker Block (Showing Willingness To Continue Upside) New York Session = Continuation To The Upside Max Stop Loss (For The Two Trades : -30 PIps MaxTarget : +100 PIps 🎯 Total R:R = 1 : 3.3 Trade Update : TP HIT 🎯🎯
Long
by Prof_Invests_ZA
eurgbp buy. longhello guys This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance. Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will be aggressive towards the up side from this moment since its resting on a support of the wedge since around April 2021. Nice risk to reward as well!! Good luck. Trade is active now. SL 0.82960 TP: 0.84800
Long
by kenzima44
3