EURGBP W1: BEST Level to SHORT/HOLD +500/+750 pips(SL/TP)(UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. tagged as SHORT because I expect more losses before reversal off range lows later.
🔸 Summary and potential trade setup ::: EURGBP 1week/candle chart review ::: expanding triangle in progress ::: still valid as of today ::: expecting target to get hit soon ::: previous trade already +100 pips ::: SHORT at market TP ::: for best results SHORT/HOLD ::: point F is TP bears +750 pips ::: BEARS taking over / in control now ::: expecting pullback / re-test of lows ::: get ready to SHORT IT ::: best entry: near market ::: recommend to SHORT/HOLD +750 ::: recommended strategy: SHORT/HOLD +750 ::: TP1 bears +500 pips TP2 bears +750 pips ::: final TP BEARS +750 pips ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 8000 fresh demand zone ::: 9000 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment mid0term: BEARS
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.