EURGBP SHORT FORECAST Q2 W26 D27 Y25EURGBP SHORT FORECAST Q2 W26 D27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order block rejection
✅15' Order block to be confirmed
✅4H Order block identification
✅HTF 50 EMA support
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Eurgbpshorts
EURGBP SHORT FORECAST Q2 W17 D22 Y25EURGBP SHORT FORECAST Q2 W17 D22 Y25
Summary
- Weekly Orderblock
- 15' Orderblock
Requirements
- Setup A) Await 15' breaks of structure - Pull back short from created 15' order block
- Setup B) Lowertime frame break of structure via current available 15' order block
FRGNT X
IG - JCFRGNT
EURGBP SHORT FORECAST Q2 W16 D16 Y25EURGBP SHORT FORECAST Q2 W16 D16 Y25
Morning All,
A short forecast to begin a monday morning!
Weekly order block rejection to start the week.
Bullish pressure visible therefore as always, we await confluences prior making an assumption.
In addition, we accept another reason for the trade to play against us - the weekly wick high, there is always a chance this is filled prior the turn around in price action however, if a break of 15' structure is presented, that risk will be accepted.
Happy to get involved in either of the set ups illustrated- set up 2 is clearly the "risky" trade of the two BUT did we ever forget our role is to manage risk. Set up two however have an added confluence of Tokyo range to be filled, pulling price action short.
I trust the chart analysis is becoming self explanatory.
Let's see how EURGBP plays!
FRGNT X