EURGBP H1: TP +100 pips Best Level to BUY/HOLD (SL/TP)

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EURGBP H1: TP +100 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 8550 (BULLS)

🔸 Summary and potential trade setup
::: EURGBP 1hour chart review outlook
::: accumulation in progress
::: range-locked price action recently
::: expecting decent BOUNCE soon
::: will boost EURGBP mid-term
::: 8550 tagged as BEST reload BULLS
::: after we complete throwback/pullback
::: near 8550 / premium price level
::: recommended strategy: BUY LOW 8550/8570
::: SL 30 pips TP1 +50 pips TP2 +100 pips
::: 8650 strong resistance overhead
::: 8650 is FRESH SUPPLY / BEARS
::: also fits the Lower Highs sequence
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8550 fresh demand zone
::: 8650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: STRONG BOUNCE

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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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