Eurgbplong
EurGbp TFh1 idea with High RRRExpected range for Swing Trading 1SD
0.85647 - 0.84788
Waiting for the price pullback then buy at OB + Wyckoff Re-test zone + Bottom of the expected range for swing trading 1SD
Buy Zone
0.84910 - 0.84829
Targe Zone
0.85902 - 0.85574 (Top of the expected range for swing trading 1SD)
* For safe SL. You can place your SL under the bottom of the expected range for swing trading 1SD.
EurGbp strong reversal after BoEYesterday BoE has risen interest rates, this fact only affected EurGbp for the moment, with the pair dropping to 0.8450 zone but strongly reversing after and closing the day above 0.85 figure and leaving the chart with a very nice long-tailed Pin Bar.
This is a clear indication for me that the market already priced in this rase and the road for EurGbp is in fact up.
My target for buy trades is 0.8650 resistance and only a new low under yesterday's one would change my opinion
EURGBP with indication.For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Here is our EURGBP with a good lesson.
If you learn how candles work you will make way better trading decisions. Remember, they dictate the market FULLY. if you don't know the REAL reason how they work, your trading won't go so well..
Nonetheless, we are looking LONG on this price action zone.
Price direction is noted by our directional arrow.
EURGBP 1000+ PIP REENTRYHad a beautiful 200pip move which hit tp1 on the long term eurgbp buy.
I am now looking for a reentry based of the 4D candlestick and looking to swing this up.
Potential take profit areas are the same as shown through the horizontal lines.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
EURGBP SHORTS 📉📉📉We are in a bearish orderblock area on a daily TF, price took out liquidity above buy side liquidity(retail trendline area) rejecting nicely before. This currency pair has a lot of un-filled bullish imbalances that tend to magnetize price back into those areas expect to see bearish price action till 0.84500 / 0.84000
What do you think ? Comment below..