MasaFX

Double Bottom

Long
MasaFX Updated   
FX:EURGBP   Euro / British Pound
Entry @ 0.9209

Trading reason:
1. First of all, the uptrend in the longer legs have been kept for long while.
2. The pull back didn't come back deeply and started going up again.
3. In the short leg, you can see that low started making new higher lows (double bottom).

you can see the buying pressure is still big even the pull back didn't make so deep against the trend.

if you have any question, just DM me ! thanx !



Comment:

Close the half lot of position @ 0.92290
and I will hold another half position for long term unless its going back to the entry point.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.