EURGBP at multi-year Support. Low-risk, Big reward Buy set-up
Persistent Euro weakness has pushed EURGBP to it's yearly lows. However, price has rebounded from a very strong support zone as indicated in my chart.
So, traders can look for Long entries at 0.8290-0.8330 with SL below 0.8200.
Traders can take profit at 0.84, 0.8550,0.8780 and 0.93.
So, traders can look for Long entries at 0.8290-0.8330 with SL below 0.8200.
Traders can take profit at 0.84, 0.8550,0.8780 and 0.93.
Note
The set-up is working perfectlyNote
First TP reachedNote
Third TP also done. Mega 500+ pipsTrade closed: target reached
Huge 900+ pip swing from the buy zone
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.