EURGBP W1: BEST Level to SHORT/HOLD +500/+750 pips(SL/TP)(UPDATE
EURGBP W1: BEST Level to SHORT/HOLD +250/+500 pips(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect more losses
before reversal off range lows later.
🔸 Summary and potential trade setup
::: EURGBP 1week/candle chart review
::: expanding triangle in progress
::: still valid as of today
::: expecting target to get hit soon
::: previous trade already +100 pips
::: SHORT at market TP
::: for best results SHORT/HOLD
::: point F is TP bears +500 pips
::: BEARS taking over / in control now
::: expecting pullback / re-test of lows
::: get ready to SHORT IT
::: best entry: near market
::: recommend to SHORT/HOLD +500
::: recommended strategy: SHORT/HOLD +500
::: TP1 bears +250 pips TP2 bears +500 pips
::: final TP BEARS +500 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8000 fresh demand zone
::: 9000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment mid0term: BEARS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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