Long trade
1Hr TF Overview
Buyside Trade
Pair: EURGBP
Date: Thursday, 13th February 2025
Time: 5:00 PM (NY Time)
Session: London to NY Session PM
Trade Details:
Entry: 0.83237
Profit Level: 0.83538 (+0.36%)
Stop Level: 0.83086 (-0.18%)
Risk-Reward Ratio (RR): 1.99
This buyside trade is based on a multi-timeframe approach, aligning structure across the 1H, 4H, and daily timeframes to confirm bullish momentum.
Timeframe Breakdown:
1H Timeframe: Entry confirmation based on price action signals, involving a break of structure (BOS)and or retest of a demand zone.
4H Timeframe: Provides higher timeframe context, showing a shift in market structure favouring upside movement.
Daily Structure: Ensures that the trade aligns with overall market bias, avoiding counter-trend setups.