EURGBP: Expecting A HUGE Price Swing!
Updated
Whats up everyone? Lets start this new trading week with a new idea!
We are looking at the EURGBP pair on the 4h timeframe and im expecting price to drop from now. When you guys look on the overall timeframes like the daily etc. you will see how bears take control.
I really like to enter right now on the retrace, with really high reward to low risk - as always.
Potential price tragets are where price did a little bit of a gap. But looking on the daily or weekly timeframes, we can also hold the trade for much lower targets!
Will this trade be the 5/5 trade for us?
Lets see!
Wishing everyone success and a great week!
We are looking at the EURGBP pair on the 4h timeframe and im expecting price to drop from now. When you guys look on the overall timeframes like the daily etc. you will see how bears take control.
I really like to enter right now on the retrace, with really high reward to low risk - as always.
Potential price tragets are where price did a little bit of a gap. But looking on the daily or weekly timeframes, we can also hold the trade for much lower targets!
Will this trade be the 5/5 trade for us?
Lets see!
Wishing everyone success and a great week!
Trade active
Wow this went fast in our direction! +40 Pips after a few minutes.Note
Potential Re-EntryNote
Time to put stops at break even!! Another one! Nailed the last 5 ideas here. Wow!Trade closed manually
You can take partials and let the rest of the position run at Break Even. +110 Pips.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.