Choppy EURGBP is giving a sign of possible push higher up

6 Nov 2023

Price broke resistance on 19th of October and went in to a range quickly after that for 15 days before coming back down to retest the psychological level at 0,86500. At the same level price touched smoothed SMA200 on daily and H8 which brought some more buyers in to the game. Since the price is making HH/HL, combined with the BNR pattern I'm convinced we could reach next bigger resistance 0,89500 or at least 0,88500 before a retracement. I entered a buy position after a BOS on H1. Risk is limited below the zone if market decides to fall down.

13 Nov 2023

Nota

Added a scale-in for 2,08R
Entry: 0,87219
SL: 0,86783
TP: 0,88128

14 Nov 2023

Nota

Added second scale-in for 5R
Entry: 0,87013
SL: 0.86790
TP: 0.88131

17 Nov 2023

Dagangan ditutup secara manual

Closed all trades before TP in profit!
Initial trade for 1,07R, first scale-in for 0,78R and second one for 2,45R.