Opportunity in EUR/GBP – Watch This Zone After Market Open!
Be aware of the possibility of a market gap and take your time to find the best entry, ensuring it aligns with your broker's spread.
The EUR/GBP pair has reached a key demand zone on the H1 chart, presenting a high-probability reversal setup. This area is supported by bullish momentum on the lower timeframes (M5) and confirmed by multiple confluences:
Demand Zone: A strong institutional buying area identified. Momentum Oscillators: Indicating a potential upward shift. Risk-Reward Ratio: Targeting a solid 1:3 RR, with stops carefully placed below the zone.
Why This Trade?This setup is aligned with market trends and grounded in logical principles of trading. The planned entry is at 0.828867, with targets at 0.831321 and a stop-loss at 0.828176.
Disclaimer: This is not financial advice. Please trade at your own risk and use proper money management.
