*EUR/GBP: Breakout Sell
*Trade Details:*
- *Sell Entry:* Breakout below 0.83500
- *Target Price:* 0.82200 (130 pips)
- *Stop-Loss:* 0.84415 (90 pips)
*Market Analysis:*
The EUR/GBP pair is experiencing a bearish trend, driven by Brexit uncertainty, ECB's dovish stance, and UK economic resilience.
*Key Events:*
- UK PMI data
- ECB meeting minutes
*Trading Strategy:*
Sell EUR/GBP on breakout below 0.83500, with a stop-loss at 0.84415. Use target level to take profits or adjust stop-loss to break even.
*Risk Management:*
- Risk-Reward Ratio: 1:1.5
- Position Sizing: 2-3% of trading capital
Remember the Travis with best wishes if you got it profitable 💯
*Trade Details:*
- *Sell Entry:* Breakout below 0.83500
- *Target Price:* 0.82200 (130 pips)
- *Stop-Loss:* 0.84415 (90 pips)
*Market Analysis:*
The EUR/GBP pair is experiencing a bearish trend, driven by Brexit uncertainty, ECB's dovish stance, and UK economic resilience.
*Key Events:*
- UK PMI data
- ECB meeting minutes
*Trading Strategy:*
Sell EUR/GBP on breakout below 0.83500, with a stop-loss at 0.84415. Use target level to take profits or adjust stop-loss to break even.
*Risk Management:*
- Risk-Reward Ratio: 1:1.5
- Position Sizing: 2-3% of trading capital
Remember the Travis with best wishes if you got it profitable 💯
Trade active
We are on the way guys after the breakout🔥
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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.
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.