Euro / British Pound
Long
Updated

EUR/GBP 4H Bullish Breakout Trade Setup โ€“ Demand Zone to 0.85250

4โ€ฏ039
๐Ÿ“‰ Trendline Break

๐Ÿ”ต A key trendline was broken ๐Ÿ”ฝ (bearish โžก๏ธ bullish shift).
โœ‚๏ธ This break signals potential upside movement as sellers lose control.

๐ŸŸฆ Demand Zone (BUY Area)

๐Ÿ“ Zone: 0.83967 โ€“ 0.84249
๐Ÿ›’ Buyers expected here!
๐ŸŸข Price may pull back here before heading up.
๐ŸŸก This is marked as the ENTRY POINT zone.

๐Ÿ”ด Stop Loss Zone

๐Ÿ“ Level: 0.83977
โŒ Place stop loss just below the demand zone.
๐Ÿ›ก๏ธ Protects against downside breakout risk.

๐ŸŸง Resistance Zone

๐Ÿ“ Around: 0.84500 โ€“ 0.84600
โš ๏ธ Price may face resistance temporarily before continuing the upward move.
๐Ÿ“ Testing this area confirms strength.

๐ŸŸฉ Target Zone

๐ŸŽฏ Target Point: 0.85250
๐Ÿ’ธ If the trade plays out, this is where profit is expected.
๐Ÿš€ Bullish target above the resistance zone.

โœ… Trade Setup Summary

๐Ÿงฉ Details

๐ŸŸฆ Entry 0.84240 (inside demand zone)
๐Ÿ”ด Stop Loss 0.83977 (below demand zone)
๐ŸŸฉ Target 0.85250 (above resistance)
๐Ÿ“ˆ R/R Ratio ~1:4 (great risk/reward!)

๐Ÿ” Final Outlook:

๐ŸŸ  Watch for: Pullback to entry zone
๐ŸŸข Then look for: Bullish candlestick confirmation
๐Ÿš€ Goal: Ride it up to 0.85250 with strong momentum
Trade active
snapshot
Note
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Trade closed: target reached
snapshot
Note
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