EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.87700 zone, EURGBP was trading in an uptrend and managed to break it out. in the current moment we'll be monitoring a potential retrace of the trend from 0.877 support and resistance zone towards more lows.
Trade safe, Joe.
EUR-GBP-SELL
EURGBP Potential downsidesHey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.88600 zone, EURGBP is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 0.886 resistance zone. once bears are confirmed i would consider 0.875 zone as a target as it's considered the next major support area EURGBP will be facing.
Trade safe, Joe.
EURGBP to possibly plummitAfter we had a break of structure to the downside with momentum, price left an imbalance behind that it retraced to fill it. In the process, it also accumulated some liquidity that it is currently looking to use to fuel its move down to take liquidity it has formed at the bottom as well
EUR/GBP will short soon :)Hi Guys ,
First of all , I hope to see your feedback and if you agree with me or not !?
EUR\GBP breakout the upper trend , also reached the major resistance 0.85298 and shown some reaction there , so what i am will do is put my eyes on the major resistance if price will go down i will Sell and first target will be 0.84795 (Fib 38.2%)
note : There is uncomplete pattern (triple tops ) Indictor to reversal trend >>
EUR/GBP...SHORT SELL NOW
💹EUR/GBP ⏬SELL @ O.86791 ((Scalping Trade))
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
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EURGBP: SELLEURGBP is a slow-mover in our opinion. However, we get paid on SELLS with this pair so it's always good to keep on the Watchlist.
We are more interested in sells than buys for EURGBP due to seeing that price is at the all-time high levels.
We see a potential area for Bears to enter this week/month (entry price and take profit price is noted on the chart analysis here).
EUR/GBP: Selling it, check why!The curve has been broken and re-tested successfully.
Looks like we have a H&S pattern as well.
I am taking advantage of today's GBP strength to sell the pair.
The current channel has been broken as well.
I am targeting the 50% fib as T1 and 61.8% as T2.
Trade at your own risk.
*Update* EURGBP downtrend, indecision candlestick to blameIn EURGBP, we are still holding the sell position in 200+ pips. Currently, price broke a key area and now pulled back towards that key area and if we can get the daily closure below the key area, we'll still continue holding the sell. Trust the analysis and hold. Let's goooooo
Original analysis:
EURGBP forming an indecision candlestick on the daily chart at the two-year high, very very good confirmation for the sell long term. We'll enter sell positions if price holds it's own.
EURGBP SELL
Start: 0.92900
Stop loss: 0.93400
Take profit: 0.90000