Euro / British Pound
Updated

EURGBP / H1 / Support Area

5 338
EURGBP / H1 / Support Area

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snapshot

Nice Start

Dear FxCanli family, Some of you write that, it is risky couse of long stop

Dont forget, Our Profit/Loss ratio is min 1/1

and we enter trade with %2 risk

couse of that, the size of the stop is not important, any trade we stop out, will affect %2 of our account

use always %2 of risk management

Good Luck
Note
EURGBP / B Plan



Move Stop to BreakEven... this is our B plan :)
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snapshot


AT CUP and HAndle Pattern, You have to wait break and Close the Neck Line,

IF price will not break and close below the Neck line, Pattern will not be valid..


Couse of that, we move our stop to BreakEven ( Entry)

Just we protect our Trade from Inverted Cup and Handle Pattern
Note
snapshot

GO GO GOOOOOO one more move up
Trade closed manually
EURGBP close at Break even


Lets follow B plan. Wait for break and close below neck line

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