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Fxprotrader
10 Nov 2015 pukul 15.14

EURGBP: Bullish Harmonic Patterns Completed at Key Zone Panjang

Euro Fx/British PoundFXCM

Huraian

Price has formed two bullish harmonic patterns, a bat and ab=cd, with their D points testing a key support zone. I will enter this trade with three positions as shown at the chart. If price reaches the first target i will move stoploss to brekeven at the other two ones.

Key support zone:



Like and comment if you agree!

Dagangan ditutup: sasaran tercapai

My first position was traded successfully. What i would like to mention to this trade guys is how important is to not to be panic when things go against you. Price almost reached my stoploss by i had placed to that point for a reason. If i had stopped out it would be my fault for placing it to the wrong level. Now that it worked it was because i planned it correctly.

Now move your stoploss to breakeven and sit back relaxed watch if price moves higher giving us more profit to the rest open risk free trades.

Komen

EURGBP has formed another powerful setup adding to our thoughts going long. For those who didn't trade it on time here is the new setup.

Dagangan ditutup: hentian tercapai

2nd and 3rd position stopped out with stoploss at breakeven after successsful first trade.
Komen
FullTimeTrader
Hello, im expecting a correction also but i prefer to trade this pair long term on D1 chart. Entry would be at 0.7000 for a potential bullish shark. The EUR is still weak and we have Draghi's speech tomorrow. Regards.
manijeh.kazemi.33
hi I think so
PeacefulTian
Agree with you..
I am still short now.. Looking the right time to entry long :)
PeacefulTian
Agree with you..
I am still short now.. Looking the right time to entry long :)
Lebih