Dear traders,
Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “6”, meaning that the GBP is stronger than the EUR, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at 0.8597 (with a 1% risk position size)
Our 2nd SELL Limit is placed at 0.8614 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.8529
Our Stop Loss is placed at 0.8636
This is a 85 PIPS trade - Risk Reward 1:3.8
Chart Timeframe; H4
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Trade Smartly.
Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “6”, meaning that the GBP is stronger than the EUR, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at 0.8597 (with a 1% risk position size)
Our 2nd SELL Limit is placed at 0.8614 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.8529
Our Stop Loss is placed at 0.8636
This is a 85 PIPS trade - Risk Reward 1:3.8
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
