EURGBP: Bullish Harmonic Patterns Completed at Key Zone

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!

Trade geschlossen: Ziel wurde erreicht:

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.

Kommentar:

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.

Trade geschlossen: Stop wurde erreicht:

2nd and 3rd position stopped out with stoploss at breakeven after successsful first trade.