Another 50 pip play for TraderHank in EURGBP

TraderHank

13 years ago

After my 50 pip play short in the EURGBP yesterday, I noticed that the pattern was an excellent long, so I throw my net out again but this time in the long direction. Here is the initial setup…

EURGBP intial setup 1

Here is the 4 hour chart

Intial setup 4H chart

Update as my first limit order is hit long…

1 lot Triggered

Here is the updated chart as the play goes for 50 pips and my Take profit area is hit…

<img decoding="async" loading="lazy" src="/images/2013/08/400/EURGBP-intial-setup-1.PNG" width="400" height="345" alt="EURGBP intial setup 1"> EURGBP intial setup 1

Here is the 4 hour chart

<img decoding="async" loading="lazy" src="/images/2013/08/400/Intial-setup-4H-chart.PNG" width="400" height="345" alt="Intial setup 4H chart"> Intial setup 4H chart

<img decoding="async" loading="lazy" src="/images/2013/08/400/1-lot-Triggered.PNG" width="400" height="344" alt="1 lot Triggered"> 1 lot Triggered

<img decoding="async" loading="lazy" src="/images/2013/08/400/Next-morning-update-08222013.PNG" width="400" height="343" alt="Next morning update 08222013"> Next morning update 08222013

EURGBP intial setup 1

Intial setup 4H chart

1 lot Triggered

Next morning update 08222013