EUR/GBP extends downside after rejection at channel top, slips into daily cloud EUR/GBP is trading with a bearish bias. The pair is holding support at 200H MA and 21-EMA. Break below to plummet prices further.
Key area. I recognize this pattern,it's Bearish. Trendline Holding 100EMA (red) Sell to the indicated target cheers. LIKE, COMMENT, SHARE THE BEST ANALYSIS... HELP ME GROW we need the good people to grow... the good operators to grow! Thanks in advance
Hello traders. With the break of the level of 0.836 and the tightness of the price at the bottom of the channel, expect long-term growth for this pair. Be profitable.
Here is my idea waiting price come to lower, or sell on the top. If you have any idea, leave comment below and don't forget give thumbs up. Appreciate it
EURGBP DAILY BUY OPEN POSITION :0.85284 TAKE PROFIT:0.86082 S/L :0.84962 Best Regards
1 - An upside transcend a downtrend. 2- It is at the end of the inverted head and shoulders model. His purchasing goals are: 0.87746 0.88054 0.88222 0.88562 0.88885 0.89126 0.89225 Note: its rise continues as long as 0.86675 is not broken ________________ Personal opinion: Better to buy, and this is more certain when it crosses the neckline of the head and...
,The path of the Pound vs. the Euro is fairly clear from this point on. While the pandemic roll-out advantage of the GBP is currently wearing off, it's only a matter of time before a decisive-break down in this pair - advantage GBP. (the next Euro-crisis?) The Weekly; The Monthly;
Respecting the trendline and daily ema orange price going to fall to reach the 0.618 (possible double bottom)
EUR/GBP has made the head and shoulders pattern on the daily timeframe. After breaking the neckline, it's moving to reach 0.8776 - 0.8700 . But if it starts to move upside by crossing the neckline, then it's a failure of the head and shoulders pattern. And targets are as followings levels 0.8906 - 0.8946 .
Update 60 plus pips in profit now.
Our eye has been on this pair since yesterday, as it rode on the long ascension to subwave 5 of Y, the ride to the downside has begun, as we see Euro getting weaker in the coming days, a daily confirmation is also underway (a bearish doji). TRADE WITH CAUTION
** 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...
The AUD/USD reacted to its resistance line and will go down as far as we know BEST TIME TO TRADE GOOD LUCK.
EURGBP LONG EURGBP LONG BUYING FROM 0.85561 TP 1 80PIPS TP 2 160PIPS TP 3 250PIPS TP 4 420PIPS TP 5 OPEN To get involved with mentorship or get more trade ideas; contact me. Instagram @VARGOSCAPITAL
GARTLY FORM ON EURGBP D1 CHART... TP..0.8546.... SL... 0.8912
EUR/GBP approaching a very well respected level of support on the Daily time frame. Looks to me like the bottom is in, LONG on this trade. Thanks for checking out my idea, let me know what you think?
IMPORTANT use position size calculator, do not risk more than 1%