Eurgbpsell
EUR/GBP 4HR SELL SET UP DOUBLE TOPHi TRADERS this is my trade set up for the EUR/GBP
EUR/GBP Formed double top take sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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EURGBP-SELL strategy (remain short)We are short already at 0.8430-0.8440 area. For now we lower our stop-loss to 0.8472 and profit order remains at 0.8345.
For new positions, we have broken slightly below cloud support 0.8415 and that is the first sign for a further moving down in the short-term.
Strategy SELL 0.8420-0.8430 and place stop-loss 0.8472 and profit order 0.8345 for now.
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out weekly highs liquidity + d1 imbalance and rejected it with bearish candlestick closure, on the LTF(lowertimeframe) we can clearly see that price is making a bearish market strucutre with lower lows and higher lows bulls lost the momentum and bears are getting it, we have also a lot of inefficient price action aka PRICE IMBALANCES and we should go lower to fill those areas.
What do you think ? Comment below..
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on EG as price takes out buy side liquidity aka retail resistance, the move was very inefficient i call this a bubble move and price should retrace lower to fill those imbalances 0.83688 and 0.83507.
There is also a possibility that price will take out weekly highs and fill d1 imbalance before moving to the downside and this is why i moved my stop way higher.
What do you think ? Comment below..