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TheTradersAvenue
May 23, 2020 7:49 PM

EURGBP > Buy Trade Ideas! Long

EUR/GBPOANDA

Description

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Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.

Analysis of #EURGBP

Prices made a nice interesting bottom and broke out to the upside with follow through and showing higher highs since then, if you are trend follower this may interest you as you y got rejection candle followed with higher highs higher close candle

For me, am not interested in it just now due to RR, I want to enter as laid it out on the short we could have potentially very early Cypher that could complete at the structure which price broke out from if it comes it will make a compelling entry for me




âš  Please note the ideas is valid only if it happened as I said above

Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌

Check today analysis below

Stay safe everyone
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Before trading our ideas make your own analysis.
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Comments
ProjectSyndicate
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nice work buddy, keep it up.
TheTradersAvenue
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@ProjectSyndicate, thank you so much
Trading-Guru
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If you look at it from the daily you will see another confirmation of the buy zone you describe. I already suggest a short position to monetize the movement towards the buy zone:

TheTradersAvenue
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@Trading-Guru, well explained as well, lifesaver
TheTradersAvenue
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@Trading-Guru, thanks for sharing your idea🙏
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