Eurgbpbearish
EURGBP IS READY FOR BULL MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
EURGBP IS READY FOR BULL MOVE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
WE NEED TO WAIT FOR SOME BULLISH CONFIRMATION CANDLE.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.85759 where it could potentially drop further to 0.85410.
*Disclaimer.*
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WEEKLY EURGBP ANALYSISThis is my long-term analysis of EURGBP. It has completed 4 Elliot Wave impulse waves and is preparing to begin the 5th wave down to complete the sequence.
The Fibonacci retracement from WAVE 1 rejected the 61.8% level, showing the trend is strong. Therefore my target for the end of WAVE 5 and completion of this trend/sequence is at the 161.8% level (0.8454). If I had to guess a time limit on this I would say 3 to 4 weeks.
I would then expect a correction wave.
Happy trading!
Joe
EURGBP 4H SHORT IDEAAccording to the Fibonacci retracement tool, there will be a retracement up to between 0.8608 and 0.8623.
My Short trade idea is to catch the next leg down of this downtrend.
TRADE INPUTS:
ENTRY: 0.8608
STOP LOSS: 0.8630
TAKE PROFIT: 0.8560
RISK: 22 PIPS
REWARD: 48 PIPS
RISK:REWARD RATIO: 1:2.18
I have longer term analysis for this downtrend which I will also post. This trade is just to catch a shorter-term leg down.
EURGBP analysis | Still free falling? Or finding support?Massive movement to the downside with EURGBP after a big move like this I like to let the dust settle for a bit before jumping into a trade. is 0.86 holding as support? It seems like it for the time being. Remember patience is key with forex, there is always another opportunity to take a trade no reason to rush into anything when there is no clear direction.
For my full market break downs and trades click the link in my bio! Feel free to message me on instagram anytime if you ever need help!