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.
Trade active
Stop level moved (0.02%)
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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.