#EURGBP - Short incomingEURGBP - currently correcting leading me to think that another impulsive move to the downside is coming.
Waiting for a sign that the big boys are ready to sell again
Eurgbpforecast
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EURGBP H4 Buy; Trend ReversalEURGBP Buy
Entry Price : 0.87798
Profit Target : 3.50%
Stop Loss : 1.25%
EURGBP BULLISH TREND IS STILL ACTIVEMy former idea on OANDA:EURGBP showed that it will be on a bearish trend for a while.
But the double bottom and the support of the bullish rotation pushed it aside
EURGBP, BUY on H4- Above Mirror Level
- short downward channel
- wait for confirmation after the breakout
EURGBP Buying Opportunity.Fundamental View
Unemployment rate = Worst
Jobless Claims = Worst
NFP = Worst
Technical View
EG been moving and trapped in Bullish Flag. Finally broken that channel and for further confirmation it has retraced as well.
Been at strong rejection zone. Hoping to get taken by BULLS from here.
R:R mentioned as well :)
Share your thoughts as well .:)
EURGBP SHORT IDEA ON 4HAs mentioned in my previous chart i am looking this kind of bearish setup.
eurgbp
EURGBP SHORT IDEANeed some retracement to find entry in lower time frame with bearish setup.
Good Luck
eurgbp
EURGBP LONG longs from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
EURO / BRITISH POUND (EURGBP) DailyDates in the future with the greatest probability for a price high or price low
EURO / BRITISH POUND (EURGBP) WeeklyDates in the future with the greatest probability for a price high or price low
EURGBP LONG! Price Approaching Buy-Levels 0.86825- 0.88757 Marks Daily Buy-Zone.
Confirm with reversal triggers for Long entry.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you and Happy trading.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
I believe that we are going to see some big moves to the downside soon. I feel we could see one more push to the upside giving us a clean entry to take a short. Watching this pair very closely.
EURGBP | Getting ready for short | Updating Updating for last scenario. Still waiting last wave up and after go down. Can buy now, but to dangerous to trading in wave 5 . Better to wait for end of wave 5 and looking sell setup
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
EURGBP is looking really interesting, I believe we could be seeing some big moves to the downside. I am watching this pair very closely. If we get some strong bearish pressure we could this this pair come down to retest 0.900
This pair is definitely at the top of our watchlist.
EURGBP--H1--Forecast SHORTCreate lower low continuously... May be sell.
But must breakout current support zone for SHORT...
EURGBP | Ready for short - just more patiencePlease support this idea with LIKE if you find it useful.
There is good downside potential
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
EG has been stuck in a bit of consolidation, we look like we could be pushing to the upside right now. Sitting on my hands for the time being with this pair.
EURGBP SELLSEURGBP has taken a pounding over the last few months, seeing bears take over the market. They are still in control, even though we are having some short term relief, looking for price to come up to the 71 % fib to see rejection to take shorts from here down to the -61.8%.
300 PIPS
RR 6/1
EURGBP potential reversal!
EURGBP expected to rise up to 1st resistance at 0.89217 where it could potentially react off and drop down to 1st support at 0.86072.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP, Ready to sell for retracement Reasons to SELL
1/ complete 5 wave impulse movw which can be wave 3 or wave c
2/ A bearish divergence
3/ waiting for a breakout of the valid bullish trend
4/ A Shooting star candlestick pattern at a strong resistance
expecting to trade the correction of the whole impulse wave
to minimum of 38,2 or 50% Fibonacci level
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
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