Technical Outlook:
EURGBP is forming a potential bullish continuation pattern.
I'm watching for a retracement to the demand zone around 0.84807, where a long opportunity may present itself if bullish confirmation appears.
Buy Scenario:
Wait for price to dip into 0.84807 zone
Look for bullish price action signals
Target: 0.87382
Stop loss: Below 0.84740
Sell Scenario (if broken):
Clean break of 0.84807 , followed by retest (pullback)
Target: TRALING STOP LOSS
Note:
This setup is based on key market structure levels and potential reaction zones.
I update my levels weekly and track how price respects them.
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
Trade active
Note
[Update] EURGBP Reached RR 2.0EURGBP has now reached our second reward target (RR 2).
We closed 50% of the position to lock in profits.
The remaining position will be managed with a trailing stop to maximize potential gains while protecting profits.
***** Let the market do the rest! *****
Trade closed manually
In EUR/GBP, the trade followed our usual flow — price hit Reward 2 and then reversed.Thanks to our partial exit at R:1, the position was risk-free,
so we closed the trade with no loss and no gain.
That’s the power of capital management — full control over the risk!
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.