EURGBP TREND-FOLLOWING
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURGBP Trend-following buy setup.
As we can see price is trading inside this rising channel making clean higher highs and higher lows as well,
However, price is sitting around our lower rising trendline where we will be looking for new bullish impulse movements.
Meanwhile, from m30 Time frame, price formed a new swing high, and for the bulls to kick in again we need a momentum candle close above our swing high.
Then a movement higher would be expected.
And as usual 1-2 Risk To Reward ratio from a risk management perspective and from an edge over the market.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURGBP Trend-following buy setup.
As we can see price is trading inside this rising channel making clean higher highs and higher lows as well,
However, price is sitting around our lower rising trendline where we will be looking for new bullish impulse movements.
Meanwhile, from m30 Time frame, price formed a new swing high, and for the bulls to kick in again we need a momentum candle close above our swing high.
Then a movement higher would be expected.
And as usual 1-2 Risk To Reward ratio from a risk management perspective and from an edge over the market.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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