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EURGBP BUY PLAN: Channel breakout may add a boost to the upward move.
For a long while, the pair traveling with a channel correction shield and trying to portrait the previous records.



At 0.92028, the market reversed the trend with an impulse and lead the price range in a channel correction pattern (shown in the graph).

As for now, the chart printing price action around 0.89062.

In a day time frame, the signals trying to mock previous price action with a breakout structure. The resistance and support will be a backup for the execution.

If the price range breakout the trend, the quotes could fetch the raise up-to 0.91875.

But the traders are recommended to take a stop in between @ 0.90344.

On the contrary, if the price range moving in a bear lane means, end the trade @ 0.87744 to short out the losses.

HAVE A LOOK INTO THE CHART AND DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: EURGBP

Order: BUY

Entry: 0.89062

Take profit 1: 0.90344

Take profit 2: 0.91875

Stop loss: 0.87744

Risk Vs Reward: 2.13


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1. Follow our 15 signals ….10% equity will increase in your account for sure.
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4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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