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EURGBP D1: BEST Level to BUY/HOLD +400/+600 pips(SL/TP)(XABCD)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
from PRZ/point C of the XABCD
🔸 Summary and potential trade setup
::: EURGBP 16hour/candle chart review
::: XABCD speculative setup
::: BUY LOW point C / bullish setup
::: SPECULATIVE SETUP / do your own due dill
::: for best results BUY/HOLD 8160/8180
::: point C is reversal / bullish swing trade
::: BULLS BUY/HOLD and exit at point D/PRZ
::: expecting reversal TP BULLS 8800
::: get ready to BUY LOW / point C
::: best entry: near 8160/8180 SL 80 pips
::: recommend to BUY/HOLD TP1 +400 TP2 +600
::: recommended strategy: BUY/HOLD
::: final TP BULLS 8800
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8280 fresh demand zone
::: 8520 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/final FLUSH
::: Sentiment mid-term: BULLS/reversal/C
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.