Hi everyone !!
The EURGBP shows a bullish momentum after tapped and rejected at 88.6% Fib level and MACD bullish sign on daily timeframe.
And also breaks the 4Hr downtrend price action such as Inducement, BOS and created CHOCH on 4HR, I would like to buy when the price retest the 4hr OB and Key level 0.83800
Below is my trade setup, please do your own analysis before taking any trades.
Buy limit order
Buy @ 0.83800
SL - 0.83540, 26Pips
TP1 - 0.84060 (Set to breakeven once TP1 is hit or Trail SL below to new LL)
TP3 - 0.84580
Final TP5 - 0.85100
RR 1:5
Cheers !
The EURGBP shows a bullish momentum after tapped and rejected at 88.6% Fib level and MACD bullish sign on daily timeframe.
And also breaks the 4Hr downtrend price action such as Inducement, BOS and created CHOCH on 4HR, I would like to buy when the price retest the 4hr OB and Key level 0.83800
Below is my trade setup, please do your own analysis before taking any trades.
Buy limit order
Buy @ 0.83800
SL - 0.83540, 26Pips
TP1 - 0.84060 (Set to breakeven once TP1 is hit or Trail SL below to new LL)
TP3 - 0.84580
Final TP5 - 0.85100
RR 1:5
Cheers !
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.
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.