EUR GBP has been trading in a decreasing channel post a good 400 pips up move in September. recently it tested and bounced from the lows of June and September, after a pin bar candle on daily time frame, the pair has given a good positive closing next day, post that the pair is consolidating in bullish pole and flag and took support of .618 fibbo level and given a positive breakout and moved back to the descending channel.
expecting a good breakout from the channel this time.
it will be a good risk to reward ration with possible upside of .90150 .90880 .914
and SL of .885
expecting a good breakout from the channel this time.
it will be a good risk to reward ration with possible upside of .90150 .90880 .914
and SL of .885
Trade fermée: cible de profit atteinte:
all three targets were met. almost 200 pips move .. cheers!!
Those who missed adding can add on any retracement, or on close above .90045. for the abovementioned target.