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EURGBP D1: +250/+350 pips BEST Level to SHORT IT TP (SWING/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect DUMP from overhead.
🔸 Summary and potential trade setup
::: EURGBP daily/candle chart review
::: three drives to the top
::: final push in progress now
::: BULLS maintain short-term control
::: focus on shorting rips/rallies
::: setup still valid / good progress
::: 9100 HEAVY OVERHEAD RESISSTANCE
::: heavy liquidity zone
::: price contained within the range
::: short-term more gains likely
::: re-test of key S/R at 9100 incoming
::: BEARS should focus on shorting from overhead
::: SHORT/HOLD 9100 swing trade
::: best ENTRY near 9100 later
::: SHORT/HOLD and get paid (SWING)
::: BEARS will target re-test 8650
::: recommended strategy: SHORT/HOLD 9100
::: TP BEARS is TP1 +250 pips TP2 +350 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8650 fresh demand zone
::: 9100 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUSH
::: Sentiment outlook mid-term: BEARS/REVERSAL
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.