EUR/GBP Precision Trade – 66 Pips Secured (1:5 RR) 🎯🔥

EUR/GBP Precision Trade – 66 Pips Secured (1:5 RR) 🎯🔥

Introduction

This EUR/GBP trade exemplifies a high-probability setup with a sniper entry, yielding +66 pips and an impressive 1:5 Risk-to-Reward (RR) ratio. The setup was built using:
✅ Liquidity sweep
✅ Order block (OB) entry
✅ Fibonacci retracement confluence
✅ Bullish structure shift

Trade Setup Breakdown:

1️⃣ Market Structure:

• The price had been in a downtrend, forming lower highs and lower lows.
• A potential bullish reversal zone was identified in an area of previous demand.

2️⃣ Entry Strategy:

• Liquidity Grab: The price swept below previous lows, triggering stop losses and inducing selling pressure.
• Order Block: A bullish OB was identified in the demand zone, signaling a possible reversal.
• Fibonacci Confluence: Entry was aligned with the 0.618 – 0.5 Fibonacci retracement for added confirmation.

3️⃣ Trade Execution:

• Entry: At the order block, post-liquidity grab.
• Stop Loss (SL): Placed below the OB to ensure minimal risk.
• Take Profit (TP): Aimed at a key resistance zone, securing a +66 pips move.

4️⃣ Risk-to-Reward Ratio (RR):

• A 1:5 RR trade, meaning for every 1% risk, a 5% gain was achieved.

Conclusion:

This trade highlights the power of patience and confluence trading by integrating:
📌 Liquidity sweeps for precision timing
📌 Order block strategy for sniper entries
📌 Fibonacci retracement for extra confidence
📌 Tight SL, high RR for optimal trade management

🔥 Result: TP hit for a +66 pips gain! 🚀