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EURGBP H2: TP +200 pips Best Level to BUY/HOLD (SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect short-term pullback before reversal later near 8500 (BULLS)
🔸 Summary and potential trade setup ::: EURGBP 2hour chart review outlook ::: accumulation in progress ::: expecting decent BOUNCE soon ::: will boost EURGBP mid-term ::: 8500 tagged as BEST reload BULLS ::: after we complete throwback/pullback ::: near 8500 / premium price level ::: recommended strategy: BUY LOW 8500/8520 ::: SL 80 pips TP1 +150 pips TP2 +200 pips ::: 8700 strong resistance overhead ::: 8700 is mid-range of the recent trading range ::: also fits the Lower Highs sequence ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 8500 fresh demand zone ::: 8700 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK ::: Sentiment outlook mid-term: STRONG BULLS
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