🔥 EUR/GBP — Fun but Deeper MTF Plan 🔥
Bias
Bullish across HTFs. Weekly + Daily demand stacked (0.8680–0.8700 riding on top of 0.8580–0.8620). Liquidity trendline above = magnet 🎯
Technical Breakdown
Weekly: Rising wedge grind, BOS history intact. As long as 0.8580 holds, topside liquidity at 0.8780–0.8800 is the draw.
Daily: Fresh reaction from 0.8680–0.8700 demand; higher-low structure pointing to 0.8750–0.8770 first stop.
1H: Sweep → MSS over 50EMA. Grey 1H POI 0.8690–0.8705 = sweet dip zone. If deeper, last defensive line is 0.8680 (daily base).
Execution (Scenarios)
A) Quick tag & go (primary):
Buy 0.8690–0.8705 → TP1 0.8745, TP2 0.8758, TP3 0.8775–0.8785 (liquidity sweep).
SL: 0.8672 (clean under daily base). R:R ≈ 1:2–1:3.
B) Deeper discount (secondary):
If we flush the POI, watch 0.8680–0.8688 for a wick + reclaim → same targets.
SL: 0.8665.
Risk Management
Risk 0.5–1% per idea. Scale out 30/40/30 at TP1/TP2/TP3.
If 1H closes below 0.8680, step aside—bull script broken short-term.
No chasing above 0.8750; wait for a pullback or a clean breakout-retest.
Trader Checklist ✅
HTF bias aligns? ✔️
Price into 1H POI or daily base? ✔️
M5/M15 shift back to bullish on entry? ✔️
Spread/news clean? ✔️
Then send it 🚀
Bias
Bullish across HTFs. Weekly + Daily demand stacked (0.8680–0.8700 riding on top of 0.8580–0.8620). Liquidity trendline above = magnet 🎯
Technical Breakdown
Weekly: Rising wedge grind, BOS history intact. As long as 0.8580 holds, topside liquidity at 0.8780–0.8800 is the draw.
Daily: Fresh reaction from 0.8680–0.8700 demand; higher-low structure pointing to 0.8750–0.8770 first stop.
1H: Sweep → MSS over 50EMA. Grey 1H POI 0.8690–0.8705 = sweet dip zone. If deeper, last defensive line is 0.8680 (daily base).
Execution (Scenarios)
A) Quick tag & go (primary):
Buy 0.8690–0.8705 → TP1 0.8745, TP2 0.8758, TP3 0.8775–0.8785 (liquidity sweep).
SL: 0.8672 (clean under daily base). R:R ≈ 1:2–1:3.
B) Deeper discount (secondary):
If we flush the POI, watch 0.8680–0.8688 for a wick + reclaim → same targets.
SL: 0.8665.
Risk Management
Risk 0.5–1% per idea. Scale out 30/40/30 at TP1/TP2/TP3.
If 1H closes below 0.8680, step aside—bull script broken short-term.
No chasing above 0.8750; wait for a pullback or a clean breakout-retest.
Trader Checklist ✅
HTF bias aligns? ✔️
Price into 1H POI or daily base? ✔️
M5/M15 shift back to bullish on entry? ✔️
Spread/news clean? ✔️
Then send it 🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.