๐ฅ EUR/GBP TRADE PLAN
๐ Date: 08 April 2025
๐ Format: Institutional 0.01% Precision
๐ Plan Type:
Main Swing Trade
๐ Bias & Trade Type:
Bearish Swing Continuation
๐ฐ Confidence Level: โญโญโญโญ (80%)
Reasons / Confluences:
โ D1 lower high structure holding
โ H4 bearish OB + FVG overlap
โ Volume absorption at premium
โ EUR weak vs GBP in macro sentiment
๐ Status:
Price nearing Primary Sell Zone โ Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.
๐ Entry Zones:
๐ง Secondary Sell Zone: 0.8575 โ 0.8590
(Deeper premium liquidity sweep + FVG + HTF inducement)
โ Stop Loss:
Above 0.8610
(Cleans structural high and invalidates OB stack)
๐ฏ Take Profits:
TP1: 0.8470 โ intraday reaction level
TP2: 0.8415 โ HTF demand base
TP3: 0.8355 โ D1 swing low
๐ Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation
๐ง Management Strategy:
โ Enter only on H1 bearish rejection
โ Move SL to BE after TP1 is hit
โ Secure 50โ70% at TP2
โ Let TP3 run with trailing stop
โ Optional re-entry if zone retests with volume drop-off
โ ๏ธ Confirmation Criteria:
โ H1 bearish engulfing or pin bar inside the zone
โ M15 RSI divergence or trendline break
โ Volume drop-off / absorption candle at EMA + OB
โ Optional M30 BoS flip for added entry precision
โณ Validity:
Valid for 24โ48 hours
Plan invalid if price closes above 0.8610 on H4
๐ Fundamentals:
โ GBP supported by stable macro outlook
โ No major EU/UK red news in 24h window
๐ Final Summary:
Looking to short EURGBP on clean reaction from 0.8575โ0.8595 with confirmation. Structure, macro, and volume aligned. High-probability swing entry with clean downside room. Only execute with LTF trigger.
๐ Date: 08 April 2025
๐ Format: Institutional 0.01% Precision
๐ Plan Type:
Main Swing Trade
๐ Bias & Trade Type:
Bearish Swing Continuation
๐ฐ Confidence Level: โญโญโญโญ (80%)
Reasons / Confluences:
โ D1 lower high structure holding
โ H4 bearish OB + FVG overlap
โ Volume absorption at premium
โ EUR weak vs GBP in macro sentiment
๐ Status:
Price nearing Primary Sell Zone โ Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.
๐ Entry Zones:
๐ง Secondary Sell Zone: 0.8575 โ 0.8590
(Deeper premium liquidity sweep + FVG + HTF inducement)
โ Stop Loss:
Above 0.8610
(Cleans structural high and invalidates OB stack)
๐ฏ Take Profits:
TP1: 0.8470 โ intraday reaction level
TP2: 0.8415 โ HTF demand base
TP3: 0.8355 โ D1 swing low
๐ Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation
๐ง Management Strategy:
โ Enter only on H1 bearish rejection
โ Move SL to BE after TP1 is hit
โ Secure 50โ70% at TP2
โ Let TP3 run with trailing stop
โ Optional re-entry if zone retests with volume drop-off
โ ๏ธ Confirmation Criteria:
โ H1 bearish engulfing or pin bar inside the zone
โ M15 RSI divergence or trendline break
โ Volume drop-off / absorption candle at EMA + OB
โ Optional M30 BoS flip for added entry precision
โณ Validity:
Valid for 24โ48 hours
Plan invalid if price closes above 0.8610 on H4
๐ Fundamentals:
โ GBP supported by stable macro outlook
โ No major EU/UK red news in 24h window
๐ Final Summary:
Looking to short EURGBP on clean reaction from 0.8575โ0.8595 with confirmation. Structure, macro, and volume aligned. High-probability swing entry with clean downside room. Only execute with LTF trigger.
Trade closed manually
Price went 40+ pips in favor before going against the plan, my trail sl hit at b-even. That is why trade management is also important. 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.