EUR/GBP 4H Bullish Breakout Trade Setup – Demand Zone to 0.85250📉 Trendline Break
🔵 A key trendline was broken 🔽 (bearish ➡️ bullish shift).
✂️ This break signals potential upside movement as sellers lose control.
🟦 Demand Zone (BUY Area)
📍 Zone: 0.83967 – 0.84249
🛒 Buyers expected here!
🟢 Price may pull back here before heading up.
🟡 This is marked as the ENTRY POINT zone.
🔴 Stop Loss Zone
📍 Level: 0.83977
❌ Place stop loss just below the demand zone.
🛡️ Protects against downside breakout risk.
🟧 Resistance Zone
📍 Around: 0.84500 – 0.84600
⚠️ Price may face resistance temporarily before continuing the upward move.
📏 Testing this area confirms strength.
🟩 Target Zone
🎯 Target Point: 0.85250
💸 If the trade plays out, this is where profit is expected.
🚀 Bullish target above the resistance zone.
✅ Trade Setup Summary
🧩 Details
🟦 Entry 0.84240 (inside demand zone)
🔴 Stop Loss 0.83977 (below demand zone)
🟩 Target 0.85250 (above resistance)
📈 R/R Ratio ~1:4 (great risk/reward!)
🔍 Final Outlook:
🟠 Watch for: Pullback to entry zone
🟢 Then look for: Bullish candlestick confirmation
🚀 Goal: Ride it up to 0.85250 with strong momentum
Eurgpbpsignal
EURGBP LONG/BUYEURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO.
📉 Expectations:
We anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns, representing a long-term position. Ensure you have sufficient margin to manage market fluctuations and implement proper risk management aligned with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: Only enter the trade if it surpasses our entry-level (GREEN LINE ON THE CHART).
2️⃣ Rule 2: Upon reaching Target 1, consider closing some positions or adjusting your STOP LOSS to ENTRY price for safer trading.
3️⃣ Rule 3: After achieving Target 1, refrain from initiating new trades based on the same signal/alert.
4️⃣ Rule 4: If the market consolidates for over 2 days, close the trade and patiently await the next favorable trading opportunity.
Feel free to reach out if you have any questions or need further clarification. Happy trading! 📈✨
EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.