EURGBP, Breakout Strong Support and already retested.. Price Action tells further below!
This is breaking through a big weekly support level. Best time to enter a short is on a retest of the support now acting as resistance. This will give the safest trade setup, for a SL the highest previous point is too high for a good risk/reward ratio so it can be just above 0.618 Fib. TP is at the next support level downwards. As I said best entry is to wait...
EURGBP could extend the rebound to 0.89650 and 0.89900 . blue mark is the entry point. Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
EURGBP, Monthly Set up, Short! Price Rejection at the Strong Resistance Above!
Money Mondays: EURGBP Looks Like A Nice Sell. The assumption, Trend Will Continue Downwards To Lows Off 0.88483 Levels First TP: 0.88720 (Previous Low)Levels Second TP: 0.88566 Levels Third TP: 0.88483 Levels
Hi Guys, My view on where EURGBP could be headed over the next week. I have also started a podcast on Psychology that'll help your trading a great deal. The link is in my bio, check it out. Let me know if you have any questions.
Hello traders, we have many confirmations on EURGBP to drop down
The upside movement of the pair is capped by a bearish trendline. It attempted a breakout but fizzled out and the price action has formed an H&S pattern instead. Hence, we expect the pair to be bearish in the near-term.
Like the title says: Sell it!
Bearish continuation TUESDAY, 6 Oct 2020 #EURGBP SELL ENTRY = NOW at 0.90700 SL = -40 PIPS TP = +110 PIPS Disclaimer On PLEASE USE YOUR OWN MONEY MANAGEMENT RULES Your Money is Your Own Responsibility
Eurgbp uptrend channel is ending soon, final wave has been completed on eurgbp now its ready for a trend change Watch price action in lower timeframes to add sell positions
Waiting for support to be broken before shorting to the daily trendline
EUR/GBP | Bearish move after restest? Are we going to see 0.9798 the all time high of 2008 on breakout of the 0.9500 ? Well, EUR/GBP lost upside momentum after hitting 0.9289 and now its consolidating which means it remains above 0.90686 we might see another move to the upside. Breakout of 0.9289 can resume upside move. Based on what we have...
BUY EUR/GBP ,BUY area N1 : (Blue) TP1 : (green) , SL : ( RED )