“ EUR/GBP Buy Setup – Demand Zone to the Moon? ”

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Key Zones & Levels

🟦 Demand Zone:

Between 0.85555 – 0.85200

Buyers previously pushed price up here — now acting as a strong support base!


🎯 Target Point:

0.87406

Potential upside of +179 pips / +2.09%

🟢 Entry Point:

Around 0.85555, just above the demand zone

Ideal spot for a Buy Entry if confirmation shows.

🛑 Stop Loss:

Set at 0.85200

Smart risk protection below the zone.

Indicators

📉 Downtrend Line:

A break above this could signal the start of a bullish Reversal.

📈 EMA (7-period):

Currently around 0.85796

Reclaiming above this line strengthens the buy signal.

Trade Plan Summary

✅ Buy on bounce from demand zone

🔓 Breakout of the trend line = confirmation

🎯 TP: 0.87406

🛡️ SL: 0.85200

⚖️ Risk-to-Reward Ratio: Excellent (about 1:6)

Final Thoughts

Wait for bullish candles near the entry point

Watch fundamentals too — EUR & GBP news could impact direction

Stay alert for false breakouts below the demand zone

Disclaimer

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