eurgbp 8hours buy/hold trade setup tp +275 pips

🔸Let's review 8 hours chart for EURGBP today. speculative buy/hold setup for EURGBP bulls,
accumulation in range. short-term expecting pullback from overhead resistance, shorting
from resistance is a higher risk setup (bears), however focus on buy/hold instead.

🔸EURGBP trading in well-defined range since june 2023, range lows set at 8550 and
range highs set at 8650 (100 pips range). accumulation in progress and expecting breakout
soon, so bulls should focus on buying low after pullback.

🔸Recommended strategy bulls: bulls should wait for the pullback to complete near
8550, buy low and use fixed SL at 60 pips, TP1 +175 pips TP2 +275 pips, swing
trade setup, patience required. final TP bulls / exit at 8810. good luck traders!
accumulation trade setup, low risk buy/hold near range lows.

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Comment:

shorting from range highs is a higher risk setup
buying near range lows is a lower risk setup

Comment:

gold h4 best XABCD short from resistance TP 1875 usd