Pair: EUR/GBP
Timeframe: H1 / H4
Direction: SELL
Entry: 0.8585 – 0.8600
Stop Loss: 0.8640
Take Profit 1: 0.8540
Take Profit 2: 0.8495
Take Profit 3: 0.8450
Analysis:
- Clear rejection from resistance level
- Bearish engulfing candle confirmation
- Market structure favors downside
- Clean price action without indicator noise
- Risk 1% per trade
- Partial close at TP1
- Move stop loss to breakeven after TP1
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