Eurgbpsell
EURGBP W4 Apr 2021EURGBP
Short Setup
👉🏻 After a week's rise between zones marked here, from 0.84800 -> 0.87000, price has formed a significant double top at the resistance zone. Elliot Wave Theory wise marks the end of an impulse wave and is forming a corrective wave of a possible ABC, with a 3-5-3 movement. Invalidation may be placed above the double top
EUR/GBP SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/GBP: Daytrade-Execution
Market-Sell-Order: 0.86290
Stop-Loss: 0.86630
Point of Risk-Reduction: 0.86000
Take-Profit: 0.85435
Stop-Loss: 31 pips
Risk: 0,5% -1%
Risk-Reward: 2,60
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Peace and good trades
Irasor
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EURGBP ForecastEURGBP Forecast
- keep an eye on EURGBP this week, it's going to fall anytime soon
- first level to break 0.86000
- if I'm correct due to the time factor is has, EURGBP will have to go down fast towards level 0.84700
- keep looking for potential sell setup if given, I will keep track on this pair closely
Note:
Dont simply jump into it, unless confirmation given