Eurgbpidea
EURGBP = SELLFX_IDC:EURGBP
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Continuous Downtrend on D1
Retest of daily resistance of 0.382 fib level. Sellers took control, price has broke through minor H4 support, expecting further downside movement to H4 extended fib level 1.618 and our daily major support zone.
Sell at CMP - 0.85450
SL - 0.85750
TP - 0.83500
EURGBP REPEAT PATTERN TO BUYThis pair has done a good enough trigger, and if this repeats with the same pattern then the trend will continue and the target will be achieved.
Wait for high volume raising and high upward price spreads such as more or less happened in the first pattern, so this would be a valid pattern to buy.
EURGBP, Huge Move Up AheadHi there,
EURGBP is ready for the next big move up according to the information I have right now. We finished the correction, now going for the next impulsive move up. My plan is to wait for a correction on the smaller time frame, then I'll strike for the buy. This move has a potential of couple hundred pips.
MisterRay
ABC IN EURGBP - 4H CHARTHey Guys,
Red or Blue?
Watch for the last flag, we could brakeout and make the red move or reverse and complete the blue ABC structure before the big drop.
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Hola Chicos,
Rojo o Azul?
Al tanto con la última bandera, podría haber ruptura y hacer el movimiento rojo o hacer reversión y completar la estructura ABC azul.
Carlos