MONEYMAKER00

EURGBP: It's time to go long ( Buy the dips)

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MONEYMAKER00 Cập nhật   
FX:EURGBP   Euro Fx/Bảng Anh
HIGH PROBABILITY REVERSAL ZONE.

This is the high probability set-up you've been looking for.

As you can see the market just hit a VERY critical area where the market rejected the price multiple times (pink circles) in the past
and from supply is now a STRONG demand zone.

We are expecting the same rejection as the previous week (120+ pips) but we put Take Profit lower than this for a higher chance to hit the TP target.

--> Take Profit is at 75 pips which gives us a 1:3 Risk To Reward Ration.

--> You can extend your TP target if you see that the bulls took the control and the market is moving up aggressive / sharp.

--> Watch for lower timeframes for better analysis and better entry but i think this is the best spot to enter the market.

HOW TO MANAGE YOUR TRADE?
1. At 1:1 move to Break Even.
2. At 1:2 take 50% Parochial Profits.
3. At 1:3 take 50% Parochial Profits OR extend your take profit target (Depends on the price action at that moment).

--> If it breaks the descending trend extend more the TP target and go for THE BIG MOVE!

HAVE A NICE WEEK & HAPPY PROFITS ! ! !
Bình luận:
THE MOVE ALREADY START !!!
DON'T LOSE MORE PIPS AND ENTER THE MARKET NOW !!!
Bình luận:
CLOSE YOUR TRADE AT 50 PIPS ( 1:2 )
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