Eurgbpanalysis
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out weekly highs liquidity + d1 imbalance and rejected it with bearish candlestick closure, on the LTF(lowertimeframe) we can clearly see that price is making a bearish market strucutre with lower lows and higher lows bulls lost the momentum and bears are getting it, we have also a lot of inefficient price action aka PRICE IMBALANCES and we should go lower to fill those areas.
What do you think ? Comment below..
EURGBP LONGEURGBP has retested the previous strong resistance level on the H4 and Daily time frame. We expecting the pair to retest key levels listed on the graph
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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EURGBP, the never ending storyWhen it seems to arrive to the point, it sh*ts oneself from fear.
Seriously, we are always in full B2 of the annual and we are moving towards the quarterly B1, after which the cyclical trend will turn downwards and we will have to evaluate an optimal closing of the positions.
For now we are in profit with both positions, I do not rule out a retest of the MML at 0.8380, but given the intense accumulation phase, the most logical move now would be to go and distribute the price above 0.8550, perhaps looking for the highs again. of the period to about 0.858.
So, we are waiting for the next movements, but we are starting to set a deadline: 1st March '22
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on EG as price takes out buy side liquidity aka retail resistance, the move was very inefficient i call this a bubble move and price should retrace lower to fill those imbalances 0.83688 and 0.83507.
There is also a possibility that price will take out weekly highs and fill d1 imbalance before moving to the downside and this is why i moved my stop way higher.
What do you think ? Comment below..
EURGBP SELLPossible sell already executed and analysed. Expecting FIB38 on reversal but please be cautious. Areas of interest are placed on the chart, please instruct either a buy or sell based on EMA and TL. Remeber, it's friday and Retail YOY has already been announced with a negative reading, EUR has to fall today and over the next week for sure. TECH AND FUND line up.
EurGbp- Bullish Engulfing to mark reversalIn my previous EurGbp analysis I said that 0.83 should be strong support for the pair and, after a very short dip under this level, EurGbp has reversed strongly, leaving a large Bullish Engulfing on our daily chart.
This very well can be the start of a medium-term uptrend for the pair and 0.87 can be bulls target.
Dips under 0.84 should be bought and only EurGbp under yesterday's low would negate this scenario
EURGBP LONG EURGBP forming a great channel and bouncing back from the important support zone.
Great time to go long in this pair with a R:R of approx. 1:6.5+.
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Trade safe. Manage risk. Be profitable.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
EURGBP LONGEURGBP bounced from the support level on the WEEKLY time frame, Also there is a breakout on the upper trend line on the H4. we expecting the pair to retest the key levels listed on the chart.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
EURGBP Monthly PD ARRAYS Calling EURGBP
We Have Price So Close To The Monthly PD Arrays ( Imb/Order Blocks)
On The Monthly Timeframe We Have Price Inefficiency (Liquidity Void )
We Looking To Fill That
Considering That There Equal Lows In The DAILY
We Also Have Equal Lows On The WEEKLY
Trade Setup Framework
We Look At Bearish PD Arrays Checklist
Old High Taken ✔️
Bearish Breaker (In Progress)
Bearish OB (In Progress)
Bearish Mitigation (BB ,In Progress)
Imbalance ✔️
Type Of Trade
We Taking This Trade As A Continuation Trade