EUR/GBP Bearish Trade Setup – Dow Theory ConfirmationAccording to Dow Theory, EUR/GBP is currently in a bearish trend, consistently printing a series of Lower Highs (LH) and Lower Lows (LL). We’re closely watching the price near its most recent LL (Lower Low) — a break below this level will signal continuation of the downtrend, providing a high-probability trade opportunity.
We’re planning a Sell Stop order below the last low to catch the bearish momentum, with two trades set up using different risk-to-reward strategies.
Trade Details:
Pair: EUR/GBP
Entry (Sell Stop): 0.84135
Stop Loss (SL): 0.84593
Take Profit 1 (TP1): 0.83677 (1:1 RR)
Take Profit 2 (TP2): 0.83219 (1:2 RR)
Lot Size: 0.17
Risk: $200
Potential Reward: Up to $300
Number of Trades: 2 (with 1:1 and 1:2 Risk:Reward)
⚙️ Trade Strategy:
Trade 1: A 1:1 RR setup — quick and controlled.
Trade 2: A 1:2 RR setup — capturing deeper continuation of the bearish move.
✅ Bearish Trend Confirmed via Dow Theory
✅ Entry Positioned Below Last LL
✅ Risk-Managed Dual Setup
✅ Defined Structure-Based Trading Plan
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