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Eurgbpidea

EUR/GBP SHORTOk. Looks like we have on more impulse to down. I will wait for some mini bounce back to retest previous support level and from there I will open SELL position with 5:1 risk ratio. Let's see what chart sign will give us. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short
by bagdisb
EUR/GBP Waiting for confirmationHello all! Hope you are well. So what's next? In such a case like this, we have to wait for better confirmation and understanding where the chart can go. There is 2 options: The price will bounce now and after will comeback retest this level 0.90 The price will break this level 0.90, retest it and will fall up to 0.88 So be patient guys and wait for confirmation. Thanks! DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by bagdisb
EUR/GBP Waiting for signalsSo, guys, all 3 positions are closed in total 260 pips. What we can expect now? First of all, there is no point to SELL or BUY this pair at this moment. I will wait for some confirmation. If the price will reach my trend line, I will try to sell again for a short period of time. Why? Because we expecting that the price will go up. You can check my analysis before for the long term. At the moment is better to find the key point where we can BUY instead SELL. So all positions against the market, long term, is risky. I painted a few possible moves, how market can react to the levels. Let's wait for some confirmation and I will write my opinion on this pair. If you have any questions don't hesitate to hit the comment button ;) DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by bagdisb
EUR/GBP SELL Opportunity for quick tradeHello, There is a good opportunity to SELL this pair. At least 3:1 risk management. Good trend line structure and how momentum reacts. If it brakes structure we will start looking for BUY opportunities. Don't forget it's a risky entry because in long term EUR should reach 1.10 price, the chart can go against you, follow the trend. But if you like me, you can have that risk by thinking about the possible reverse. Keep that in mind. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short
by bagdisb
2
EURGBP long trade ideaPlan : 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
EUR/GBP Still Waiting for BUYHello, I hope you are well... We can see clearly in the chart that the last drop (red) was stronger than this move up (orange). We reached a 0.93 round number. There is a big probability that price will react to this level and we will see another impulse down from where I will start looking for BUY opportunities. Let's see how it works. ;) DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by bagdisb
2