EURGBP - 1H / RR 1:4

Updated
Hi fellow traders!

It's been a while since I last posted an idea for trading. I was busy moving out to my own property after more than 10 years living on rented homes. Yeay.

I've made some analysis on the EG, and I noticed there's a possibility for a huge sell opportunity.

Here's the setup:

Entry level (Sell): 0.86033

Stop Loss: 0.86128

Take Profit: 0.85653

With this setup, we are risking 95 pips, for the reward of 380 pips!

P/S: Please remember, trading is always risky, and if you don't have a proper money management, you are a gambler. We do not expect or hoping that market will go as per our plan. We just speculate, setup an entry level, and if the market goes our way, we make money. If it doesn't, it's still fine, there's always next opportunity.

Good luck traders!
Note
Keep the setup open, ignore the touched TP point. That's not ours, fellas. :)
Chart PatternsFundamental AnalysisTechnical Indicators

Disclaimer