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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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
EURGBP, Daily tf, indecision candle below resistanceAs you can see, price now touching an important resistance level.
The last candle on Friday looks pretty much like an indecision candle.
I think we will see some retracement first before further upside on this pair.
Sell EURGBP 0.8680
Stop loss 0.8710
Take profit 0.8540 (4.6R)
Use only 1-2% risk
Good luck
EURGBP SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP .
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