Euro / British Pound
Short
Updated

EURGBP SELL TRADE PLAN

99
๐Ÿ”ฅ EUR/GBP TRADE PLAN
๐Ÿ“… Date: 08 April 2025
๐Ÿ”’ Format: Institutional 0.01% Precision

๐Ÿ”– Plan Type:
Main Swing Trade

๐Ÿ“ˆ Bias & Trade Type:
Bearish Swing Continuation

๐Ÿ”ฐ Confidence Level: โญโญโญโญ (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

๐Ÿ“Œ Status:
Price nearing Primary Sell Zone โ€“ Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.

๐Ÿ“ Entry Zones:
๐ŸŸง 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)

๐ŸŽฏ Take Profits:
TP1: 0.8470 โ€“ intraday reaction level
TP2: 0.8415 โ€“ HTF demand base
TP3: 0.8355 โ€“ D1 swing low

๐Ÿ“ Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation

๐Ÿง  Management Strategy:
โ€“ Enter only on H1 bearish rejection
โ€“ Move SL to BE after TP1 is hit
โ€“ Secure 50โ€“70% at TP2
โ€“ Let TP3 run with trailing stop
โ€“ Optional re-entry if zone retests with volume drop-off

โš ๏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

โณ Validity:
Valid for 24โ€“48 hours
Plan invalid if price closes above 0.8610 on H4

๐ŸŒ Fundamentals:
โ€“ GBP supported by stable macro outlook
โ€“ No major EU/UK red news in 24h window

๐Ÿ“‹ Final Summary:
Looking to short EURGBP on clean reaction from 0.8575โ€“0.8595 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.

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