EURGBP - Forecast Correct - Target hit on Fib, 3rd order still running.
- Panagiotis Diamantopoulos
- Oct 23, 2020
- 1 min read
Based on this morning post: https://www.tradethevolumewaves.com/post/eurgbp-entered-long-on-this-range-break-this-is-why
As noted today Long was the trade (orders visible on chart: 1st and 2nd closed, 3rd one still running). Same story again and again, pattern before the exit from the range, but it is not only that, read all the annotations on the chart.
I hope this fast down move (SI 7.2 on chart) did not scare you and did not hit your stoploss. You should not be scared from moves like that, when the background is so clear - it is all fake and done so that they can hit your stoploss and/or have you positioned in the opposite direction.
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You are welcome Jason, just trying to help out people struggling because I have been there too. Have a nice weekend too!
Excellent trading this week . thank you for all the effort you put in sharing your work on here, It is appreciated. Have a good weekend.