Get started

Eurgbplong

EUR/GBP BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/GBP: Daytrade-Preparation Market-Buy: 0,85700 Stop-Loss: 0,85400 Point of Risk-Reduction: 0,86000 Take-Profit: 0,86660 Stop-Loss: 30 pips Risk: 0,5% -1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
5
LONG EURGBPLong EURGBP @ 0.86 TP: 0.88 SL: 0.85 EURGBP has bounced nicely off the 0% fibbo level (0.85390) which suggests that the low is in place for now. Im looking for a correction or retracement that will take us up to the 50% fibbo resistance or 0.88 level. GBP has been very strong of late however I think it has run out of steam up here and we are starting to see better sellers of the Sterling. USD is still relatively week thus I stay out of EURUSD and trade EURGBP instead. If the US dollar does decide to turn and find buyers, it will drive down GBP and as a result help out our EURGBP position. This trade offers a 2:1 risk reward ratio. Goodluck!
Long
by WhosPipsAreTheseAnyway
3
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 as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2