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Eg

EG: Wkly long setup Looking from the top down, 0.8 is I think potentially long term downside support, but until 0.85 it will be of interest to take it long after multiple rejections back up to 0.87. I think this week we will consolidate around the current zone in yellow and that we will be able to take advantage of a break out to either side. Preferably the downside. For this reason, we favor a bearish bias for EUR/GBP this week. As always feel free to ask questions and post your charts.
Long
by UnknownUnicorn3442968
1
EG: Weekly long setupStill no entry yet this week on any trades. On the weekly, you can see a major support zone of 0.85 looking at the longer term timeframes. I feel like from this price that EUR/GBP will push up alot. Multiple 100 pip targets once we score an entry. I think we can break through 0.85, and we can then see some downside movement on pound pairs and then to the upside with plenty of potential. Trades will always be shared with you all live when we take the trade. stay tuned as always.
Long
by UnknownUnicorn3442968
10
EURGBP . Peaks and Valleys . Month FaceEG Bear's Eye View... 2017 big bear dump at these levels. This month is turning into a needle in the sky. Supportive Fib zones dot the way down (.906 .899) to meet the 44ma, which, for whatever, reason showed support in April. What's up Brexit? UK looks strong to me. Me not know. Europe looks very intricate, like an MLB team that doesn't win but makes money, me not a fan is all as a currency Bull. Whatever companies are relocating to Europe, either from Hong Kong or where ever, might be worth looking at with Bull face. Much uncertainty and me not know. Where as UK London keep Pound buying power relevant to me. Me not know. Seems like Sterling is like Ethereum in that Pound pegs all these other currencies to it by default of their Political Allegiances. UK, Canada, Australia, New Zealand, South Africa, Hong Kong, who am I missing?... USA kinda sorta but different coffee talk. The rest still have this allegiance to the Crown and seem pegged to Pound more than Dollar for a certain set, a population, a clan, a guild sized suare mile of World Travellers that come home to live and or work in or near The City. I dunno. Brexit seems Bullish for Pound and not so much for Europe which is facing it's own internal I don't know... Is Bilderberg tanking it's own Euro for a Digital Bitcoin or Bitcoin-esque mega shift soon? Is it just amazing wizzardry by their books cuz everything sounds like a mess. I don't know. Maybe it's perfect clockwork and I just can't tell time. In that case EG may crash past Parity. Yes no fiber me not know. Hungry Bear Target Zone is .87049 Grizlies go .8495 .8363 .8191 .7911 .7007 Monthly Weekly Daily 4H Good luck out there. I'm a bum. JacobTS
Short
by allthemoneys
1