[August 20 Latest Strategy] Euro-Pound 4-hour opportunity! Full exit rule at RSI "65%"
Hello everyone. I will share today's strategy for EURGBP.
As of August 20,EURGBP 4-hour chartpresents a highly notable opportunity. As you can see in the attached image, the indicators are entering an important phase.
✅ Target for settlement: "RSI 65%"For this position, I plan to proceed with the rule of not being greedy and exiting all positions the moment the RSI value reaches 65%. A style that takes profits reliably.
✅ Trades based on the premise that you cannot read the marketWhat we must always keep in mind is the fact that no matter how much chart analysis we perform, the future market movement cannot be read perfectly by anyone.
There is always a risk of sudden news or abrupt price moves causing a reversal. Therefore, after entry, rather than leaving it unattended, make sure to have a stop-order prepared in advance in case of a potential reversalto be preparedin advance.
Preparing to avoid big losses rather than simply aiming to win is the key to surviving in the market for a long time.
Let's continue to approach the market wisely while limiting risk!