EURGBP long trade ideaPlan: resistance level and trendline resistance breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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 as I do, please write it in a comment so we can manage the trade together.
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GWBFX
Eurgbpidea
EURGBP long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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 as I do, please write it in a comment so we can manage the trade together.
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GWBFX
EUR/GBP - Bullish Pressure Incoming!Hello Traders!,
As most of us can see, the EUR has gained a lot of strength this week against other currencies, although, against the GBP it seems that is not exactly the case. Although, the bullish spike on EURGBP is inevitable.
What Is The Market Telling Us?
Price had a significant bearish impulse move towards the demand zone
Bullish reaction upon touching demand zone, market is currently ranging in consolidation
When Should We Enter?
Will be waiting for a clear breakout pattern, preferably with a retest on 15M chart
Since we are bullish, wait for a breakout to the upside before making any BUYS
EURGBP short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
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Thank you for your support ;)
GWBFX
EURGBP short trade ideashort-term target at 0.8844 reached on my last roadmap analysis (link attached below!), here's the plan if 0.8844 resistance level respected by price and seller manage to push the price to go down
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
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GWBFX
EURGBP ROADMAPcurrently, we are seeing price consolidating after touched the daily demand zone while on my previous analysis (link attached below!) our setup hit the final target for long trade, we might have a chance to go long again if buyer manages to push the price to the 0.8844 resistance level for a short-term target. wait for confirmed bottom formation before placing any buy order. 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.
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Thank you for your support ;)
GWBFX
EURGBP SHORT ANALYSIS IDEA!!Good Evening Traders,
EURGBP is in a BEARISH Environment. However, there is a support area (GREEN ZONE) where i want it to break out of and comes back for a RE-TEST to ESTABLISH new formed RESISTANCE before going down towards SUPPORT ZONE.
I wouldn't hop in just yet because there is no MOMENTUM, so i will PATIENTLY WAIT for LONDON SESSION.
HOW TO ENTER
Wait for a BREAK and RE-TEST of the RESISTANCE before SELLING.
STOPS should be above PREVIOUS HIGHS and TAKE PROFIT should be around the GREEN ZONE (SUPPORT).
Trade During LONDON SESSION because there will be enough MOMENTUM to move PRICE
If this Analysis Makes sense or Matches with yours, please hit the thumbs up Icon :)
EURGBP long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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 long trade ideaPlan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**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