EURGBP BUY TRADE PLAN🔹🔥 Pair + Date: EUR/GBP – May 14, 2025
📋 Plan Overview Table
Type Direction Confidence R:R Status
Swing Long 80% 1:3.2 ✅ Active
📈 Market Bias & Type
Bias: Bullish Short-Term Reversal
Type: Swing Reversal from H4 Demand & D1 Reaction Zone
🔰 Confidence Level: 80%
Breakdown:
HTF Structure Support Zone: ✅
Bullish Divergence (Micro): ✅
H1 Double Bottom Structure: ✅
Volume Spike at Sweep: ⏳ Pending
H1 Candle Reversal: ✅ (Engulfing Setup Forming)
📍 Entry Zones
Primary Buy Zone: 0.83900 – 0.84020 (H4 Demand + D1 Wick Base)
Secondary Zone (Low Confidence): 0.83750 (Only if spike sweep happens)
❗ SL with Reasoning
Stop Loss: 0.83590
Below structural low + demand invalidation
🎯 TP Targets
TP1: 0.84550 (Last LH Supply Area)
TP2: 0.84800 (Imbalance Close)
TP3: 0.85180 (Daily Supply + Structure)
🧠 Management Strategy
Risk: Max 0.5%
Scale-in on H1 Bullish BOS
Breakeven after 0.84300 reclaim
⚠️ Confirmation Checklist
Signal Required Present
H1 Engulfing Candle ✅ ✅
Sweep of Previous Low ✅ ✅
Volume Spike ✅ ⏳
Frankfurt/LDN Session Tap ✅ ✅
⏳ Validity
Timeframe: H4 Structure
Validity: 48–72h
❌ Invalidation Conditions
Clean break + close below 0.83590
No confirmation on retest or sweep
🌐 Fundamental & Sentiment Snapshot
UK GDP & BoE neutral bias, EUR supported by recent stabilization
EURGBP near historical support with decreasing GBP strength
COT: Slight EUR long increase, GBP neutral
📋 Final Trade Summary
This is a high-probability swing reversal trade backed by HTF demand zone structure, HTF compression leg exhaustion, and reactive wick formation. Confirmation in progress on H1. Will scale in on BOS & hold toward daily imbalance.
