Hello Traders!
I am seeing the possibility of EURGBP BUY. There has been a descending channel signalling bearish weakness. The GBP has been quite weak of late. I will be placing a buy stop.
Market-BUYSTOP: 0.91430
Stop-Loss: 0.91300
Take-Profit: 0.91750
Stop-Loss: 13 pips
Risk: 1%
Risk-Reward: 2.46
What do you think?
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I am seeing the possibility of EURGBP BUY. There has been a descending channel signalling bearish weakness. The GBP has been quite weak of late. I will be placing a buy stop.
Market-BUYSTOP: 0.91430
Stop-Loss: 0.91300
Take-Profit: 0.91750
Stop-Loss: 13 pips
Risk: 1%
Risk-Reward: 2.46
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Comment:
Buy-stop is triggered. Let us wait for profits