EURGBP punch signal

TRACKING

7 February 2013. SELL order triggered at 0.8615.

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EURGBP last day candle closed in the shadow of the previous day candle.

Put two pending orders. One BUY STOP order and one SELL STOP order.

BUY STOP

Entry price: 0.8683
1st Take profit: 0.8723
2nd Take profit: 0.8789
3rd Take profit: 0.8896
Stop loss: 0.8615

SELL STOP

Entry price: 0.8615
1st Take profit: 0.8575
2nd Take profit: 0.8509
3rd Take profit: 0.8402
Stop loss: 0.8683