EURGBP: It's time to go long ( Buy the dips)
HIGH PROBABILITY REVERSAL ZONE.
This is the high probability set-up you've been looking for.
As you can see the market just hit a VERY critical area where the market rejected the price multiple times (pink circles) in the past
and from supply is now a STRONG demand zone.
We are expecting the same rejection as the previous week (120+ pips) but we put Take Profit lower than this for a higher chance to hit the TP target.
--> Take Profit is at 75 pips which gives us a 1:3 Risk To Reward Ration.
--> You can extend your TP target if you see that the bulls took the control and the market is moving up aggressive / sharp.
--> Watch for lower timeframes for better analysis and better entry but i think this is the best spot to enter the market.
HOW TO MANAGE YOUR TRADE?
1. At 1:1 move to Break Even.
2. At 1:2 take 50% Parochial Profits.
3. At 1:3 take 50% Parochial Profits OR extend your take profit target (Depends on the price action at that moment).
--> If it breaks the descending trend extend more the TP target and go for THE BIG MOVE!
HAVE A NICE WEEK & HAPPY PROFITS ! ! !
This is the high probability set-up you've been looking for.
As you can see the market just hit a VERY critical area where the market rejected the price multiple times (pink circles) in the past
and from supply is now a STRONG demand zone.
We are expecting the same rejection as the previous week (120+ pips) but we put Take Profit lower than this for a higher chance to hit the TP target.
--> Take Profit is at 75 pips which gives us a 1:3 Risk To Reward Ration.
--> You can extend your TP target if you see that the bulls took the control and the market is moving up aggressive / sharp.
--> Watch for lower timeframes for better analysis and better entry but i think this is the best spot to enter the market.
HOW TO MANAGE YOUR TRADE?
1. At 1:1 move to Break Even.
2. At 1:2 take 50% Parochial Profits.
3. At 1:3 take 50% Parochial Profits OR extend your take profit target (Depends on the price action at that moment).
--> If it breaks the descending trend extend more the TP target and go for THE BIG MOVE!
HAVE A NICE WEEK & HAPPY PROFITS ! ! !
Not
THE MOVE ALREADY START !!!DON'T LOSE MORE PIPS AND ENTER THE MARKET NOW !!!
Not
CLOSE YOUR TRADE AT 50 PIPS ( 1:2 )
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.