EURGBP - Long the double bottom

١ مايو ٢٠٢٠

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.

١٢ مايو ٢٠٢٠

تم فتح الصفقة

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.

١٤ مايو ٢٠٢٠

ملاحظة

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.

١٧ مايو ٢٠٢٠

ملاحظة

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

٢٩ مايو ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Target reached, trade closed. Enjoy the profit!