Hello Traders!
I am seeing the possibility of EURGBP BUY. There has been a descending channel signalling bearish weakness. The GBP has been quite weak of late. I will be placing a buy stop.
Market-BUYSTOP: 0.91430
Stop-Loss: 0.91300
Take-Profit: 0.91750
Stop-Loss: 13 pips
Risk: 1%
Risk-Reward: 2.46
What do you think?
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I am seeing the possibility of EURGBP BUY. There has been a descending channel signalling bearish weakness. The GBP has been quite weak of late. I will be placing a buy stop.
Market-BUYSTOP: 0.91430
Stop-Loss: 0.91300
Take-Profit: 0.91750
Stop-Loss: 13 pips
Risk: 1%
Risk-Reward: 2.46
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Note
Buy-stop is triggered. Let us wait for profits
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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.