Eurgbpanalysis
EURGBP SetupEURGBP is taking support from channel bottom. We are expecting bulls to be active from here and push the price to near resistance zone.
A buy on dip strategy should be adopted with stoploss below the channel support. Trade your levels accordingly.
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EURGBP UpdateIt's A Classic Asian-London-New York Session Trade
DAY 1 ( Wednesday)
It Starts With Asian Box Consolidation
London Session = M- Formation , Creating A Liquidity Pool (Reversing Downwards)
New York Session = W- Formation , Retracting Upside
Stop Loss : -15 PIps
Target : +50 PIps 🎯
R:R = 1 : 3.33
DAY 2 (Thursday)
It Starts With Asian Box Consolidation
London Session = M- Formation , Creating A Liquidity Pool (Reversing To The Upside), Formed A Trencl-line Phantom
New York Session = W- Formation , Retracting Upside (Expectation)
Stop Loss : -15 PIps
Target : +50 PIps 🎯
R:R = 1 : 3
DAY 3 (Friday)
It Starts With Asian Box Consolidation
London Session = Retesting A Bullish Breaker Block (Showing Willingness To Continue Upside)
New York Session = Continuation To The Upside
Max Stop Loss (For The Two Trades : -30 PIps
MaxTarget : +100 PIps 🎯
Total R:R = 1 : 3.3
Trade Update : TP HIT 🎯🎯
Forex Analysis and Setup on EURGBP | Smart Money ConceptPrice traded up by raiding the buy side liquidity and a turtle soup sell model was introduced into the forex market charts of EURGBP and price ran down by breaking market structure and upon it retracement up created a divergence. So we're expecting price to react off of that order block or supply zone into the lows created earlier















