Trade idea - EURGBP Long
4H
Deceleration box received at entry zone.
= Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
Deceleration box received at entry zone.
= Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
Note
WEEKLY
Double bottom pattern can potentially be in play.
Clear support & resistance zone is there .
-68 Fibonacci has been completed.
Good selling zone with Bearish W also there, keep in mind.
Note
DAILY
Bullish, engulfing candle close received.
Very possible for Inverse Head & Shoulders pattern to play out.
No break of last LH / No break of structure before forming pattern.
Clear support & resistance zone is there.
Trade active
Active and running risk free. Trade closed: target reached
Daily TP hit. Full profit secured. +5,7%.
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.