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We expecting that EURGBP will be in uptrend but in the compression mode since the momentum of downtrend still in the mood. What i see that
1. There is drop base drop happen in M15 that is clean and clear
2. Bearish engulfing had been happen with one bearish candle that can engulf two bullish candle once
3. We plan the risk is around 7 to 8 pips and the TP is around 30 pips which give 1:3 RR
4. If thing not happen according to the plan, we will executing hedging and release it at the next signal
We expecting that EURGBP will be in uptrend but in the compression mode since the momentum of downtrend still in the mood. What i see that
1. There is drop base drop happen in M15 that is clean and clear
2. Bearish engulfing had been happen with one bearish candle that can engulf two bullish candle once
3. We plan the risk is around 7 to 8 pips and the TP is around 30 pips which give 1:3 RR
4. If thing not happen according to the plan, we will executing hedging and release it at the next signal
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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.
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.