Eurgbpbearish
EURGBP / BEARISHI am waiting for price to close below the support line before I short to the greyed area where price has been rejected before
Once price has then continued to move I will place another short to the next support line
We will need to wait for the pullback upon breakout before placing the trade
EURGBP SWING SHORT** The GBP has been strong for some days. Looking at technicals, we see that price has rejected a Daily Supply zone and starting to bounce off it.
** Remember that supply and Demand will always win so i expect price to rally down to our next Daily Demand zone withh TP around 0.87260 before deciding on what to do next.
** Please Like and Leave a comment if you found this helpful or have a contrary opinion, we are all students 😉
EURGBP - SELL / KILL ZONEWe can see from the chart that this pair has fallen from this zone a few times in the past, i am currently selling but waiting for price to break this key level before adding another sell
I believe it will come up and test resistance again before dropping
EURGBP bounced from support, potential for a further rise!
EURGBP bounced off 0.90271 where it could potentially rise further to 0.90574.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP weekly viewEURGBP is below a strong weekly resistance and created a very weekly bearish candle.
my view is sell. after it breaks the upward trendline on H4. or it might create H&S or Double top before it falls.
EURGBP - REJECTION.. SELLPrice has been rejected again at resistance and we are now looking for sells, I wont feel comfortable placing a trade until price breaks support.. Once done its a freefall
UPDATED : EURGBP SELLING OPPORTUNITY Hi Guys,
I have updated Entry and Take profit levels on this trade.
EURGBP sell on the pullback for 90+ pipsNice and easy setup this. After a decent downtrend we have seen some pullback followed by a nice bearish cande which suggest we should see more downside movement. I have gone short on this and marked the tp and sl for you as well.
Let me know your toughts as well.
Trade safe and good luck.
FURTHER SELLING POTENTIAL ON EURGBP 4HRPrice is currently showing minor bullish momentum in the form of a retracement. We may see price re-test our entry point before advancing lower to our target levels. Entry, Stop loss and take profit levels have been marked.
Should price move in our favour, you should be looking to scale out the majority of your position at TP1 , move the stop loss of your remaining position into profit and let it run. Or close completely at TP1
EURGBP H&S H1Interesting setup for a short position., Bearish H&S pattern, a test of broken support now resistance and a 0.618 retracement in the same area.
eurgbp analysisHello Dear,
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EUR/GBP, idea for a short tradeEUR/GBP closed below the key level on Friday, which for me is a bearish sign. I remain bearish on this pair until we are below the area on daily closing basis
EUR/GBP, price should hit the key levelEUR/GBP is very bearish and I think we will stay in this scenario until key level is hit.
EURGBP Forecast 26/may/2020Hi,
i am expecting USDCAD to go short for 200 pips as you can see i have made my analyses. thank you
EURGBP BEARISH22 pips sl
276 pips tp
(1-3% risk management maximum)
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EUR/GBP, expect Retracement from the Key LevelNice trading opportunity for sell entry. 0.88140 Level should be hit as previous support now turned resistance before further up-price.
