Eurgbpforecast
EURGBP LONG! BUT WAIT! WHICH LOW WILL IT BE TO DESIRED TARGET! A little Color-coordination and price action analysis with choice of indicators should govern which bounce corresponds to which target.
OR Which Support will give bounce to immediate Long-Term Resistance for Trend-Continuation.
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EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.85340 where it could potentially react and bounce to its resistance at 1st resistance at 0.87409.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP +200 pips long trade idea!price manage to breakout downtrend channel with trust bullish momentum and we still have room to go up to 0.880 potential resistance level, you can ride the trend by using 0.858 key support level. please use smaller timeframes for better entries,.. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.87441 where it could potentially react and bounce to its resistance at 1st resistance at 0.85888.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.85888 where it could potentially react and bounce to its resistance at 1st resistance at 0.87441
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP stuck on 0.8390 resistance level! (roadmap)Double bottom formations look perfectly formed on daily timeframe while we are seeing price stuck on 0.8390 resistance level, I doubt price will be able to breakout the trendline resistance structure this week unless it's driven by very strong bullish sentiment. I will give an update if we had a long trade setup that be able to trade conservatively below the trendline resistance level. be patient!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP SHORT INTRA-DAY AND SWINGEURGBP is currently trading below $0.83678,a signnificant level.
Comparing Weak Vs Strong currencies this past week (end 2/14), GBP shored much much much more strength whereas EUR traded as the weakest of all currencies-- meaning a SELL bias for the pair.
Monthly chart analysis has the pair looking to test Supports for bounce.
A good technical approach on this pair provides awesome Short opportunity to Support with potential continuation to downside or counter-trend to upside targets depending on price action and/or currency strengths.
Momentarilly, Daily and 4Hr analysis should follow.
Like, Share, Follow, and Support this channel for yet better content.
Thank you and happy trading.