Since 2021, EURGBP has been going up and down inside a descending channel. It has constantly created lower highs and lower lows, indicating bear is still in play.
On Jan 31, 2022, it reached the bottom of trendline where a demand zone is waiting. Then it formed a strong bullish candle in daily and 8H time frame, indicating the price has rejected the support and grab the buy order in the demand zone. Potentially, it will go upward before continuing the bearish trend.
We enter a long position on Jan 31, 2022 at 22:00 UTC. Buying price is at 0.83480, stop loss is at 50 pips, or just below the invalidation / latest swing low. Risk to Reward ratio is very good, 1:3.5.
On Jan 31, 2022, it reached the bottom of trendline where a demand zone is waiting. Then it formed a strong bullish candle in daily and 8H time frame, indicating the price has rejected the support and grab the buy order in the demand zone. Potentially, it will go upward before continuing the bearish trend.
We enter a long position on Jan 31, 2022 at 22:00 UTC. Buying price is at 0.83480, stop loss is at 50 pips, or just below the invalidation / latest swing low. Risk to Reward ratio is very good, 1:3.5.
交易結束：達到停損點
Hit stop loss, just to get back to our uptrend scenario. We can not control the market, but we can control our money management.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。