eurgbp h4 best level to buy/hold TP +175 pips

🔸Let's review 4 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls,
accumulation in range. Currently we triggered overhead premium prices so expecting
short-term pullback before more upside in this market.

🔸Let's review two primary options for the EURGBP. Primary option1 is buying low
after the pullback from mid-range. EURGBP is trading is well-defined range since
June 2023, re-test of the mid-range is a great buy/hold setup for the bulls.
Target is 8750. Option2 is short selling from overhead resistance near 8750 and
then bears will target re-test of the mid-range near 8600. Both options are valid.

🔸Recommended strategy bulls: bulls should wait for the pullback to complete near
8600, buy low and use fixed SL at 50 pips, TP1 +75 pips TP2 +150 pips, swing
trade setup, patience required. final TP bulls / exit at 8750. good luck traders!
accumulation trade setup, low risk buy/hold near mid of the trading range.

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تعليق:

right now focus on buying low after pullback

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