EURGBP H1: TP +100 pips Best Level to BUY/HOLD (SL/TP)

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EURGBP H1: TP +100 pips Best Level to BUY/HOLD (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
pullback before reversal later near 8550 (BULLS)

🔸 Summary and potential trade setup
::: EURGBP 1hour chart review outlook
::: accumulation in progress
::: range-locked price action recently
::: expecting decent BOUNCE soon
::: will boost EURGBP mid-term
::: 8550 tagged as BEST reload BULLS
::: after we complete throwback/pullback
::: near 8550 / premium price level
::: recommended strategy: BUY LOW 8550/8570
::: SL 30 pips TP1 +50 pips TP2 +100 pips
::: 8650 strong resistance overhead
::: 8650 is FRESH SUPPLY / BEARS
::: also fits the Lower Highs sequence
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8550 fresh demand zone
::: 8650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: STRONG BOUNCE

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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comentário:

WARNING: FED Interest Rate decision incoming in 3 hours.
so don't trade until the data is out and the dust settles.