EURGBP - Trend Continuation
Market structure: Range
Setup: Trend Continuation
Currently market is some how in a range, Price start to create new higher low from daily S/R consolidating around 0.87200 - 0.86740, to go long when price create a new higher high which is around 0.87340.
Having 2 take profit in mind:
1st take profit is 8 hours time frame previous support turn resistance
2nd take profit is daily time frame resistance
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: Trend Continuation
Currently market is some how in a range, Price start to create new higher low from daily S/R consolidating around 0.87200 - 0.86740, to go long when price create a new higher high which is around 0.87340.
Having 2 take profit in mind:
1st take profit is 8 hours time frame previous support turn resistance
2nd take profit is daily time frame resistance
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Note
price hit stop lossTrade closed: stop reached
Always trade with the Trend, Trend is your friend until it bend
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.
Always trade with the Trend, Trend is your friend until it bend
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.