090420-090420 EURGBP LOSS

Pattern Formation

The pattern was formed nicely. The only issue was that the COVID cases in Europe was increasing at an alarming rate. This caused a lot of volatility and the trade eventually failed. This was also a friday weekend.

Trade 

As you can see, the price briefly spiked and hit the 261%. But this happened at the weekend closing hours of Friday. And the profit was not booked by the system.