Long EURGBP

Last week EURGBP posted a green Heiken Ashi candle on the weekly chart. This suggests to me that we may see another green weekly Heiken Ashi candle.

It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.

Comment:

Here's a view of the weekly Heiken Ashi chart.

Comment:

Here's a view of the daily chart utilizing traditional candlesticks.

Trade active:

I entered this trade via market order.

Stop placed below the local low on the daily.

Trade closed manually:

I decided to close this trade out for some profit.