EURGBP / BEARISHI am waiting for price to close below the support line before I short to the greyed area where price has been rejected before
Once price has then continued to move I will place another short to the next support line
We will need to wait for the pullback upon breakout before placing the trade
Eurgbpsell
EURGBP BULLS ARE GETTING TIRED.ENG
- Price has just reached our .9060 zone, if we see a break we will be looking for short positions around the FIB levels, please be aware that you should wait for a confirmation before entering any shorts.
PT
- Preço está de momento na nossa primeira zona de possível reversal (.9060), em caso de quebra iremos procurar por novas entradas nos nossos nível do FIB mais a cima. Extra cautela na EURGBP, aguardar por confirmação antes de efetuar uma entrada será o mais adequado.
EURGBP SWING SHORT** The GBP has been strong for some days. Looking at technicals, we see that price has rejected a Daily Supply zone and starting to bounce off it.
** Remember that supply and Demand will always win so i expect price to rally down to our next Daily Demand zone withh TP around 0.87260 before deciding on what to do next.
** Please Like and Leave a comment if you found this helpful or have a contrary opinion, we are all students 😉
EUR/GBP SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
Market-Sell: 0,90230
Stop-Loss: 0,90850
Target 1: 0,89650
Target 2: 0,89145
Target 3: 0,88590
Stop-Loss: 62 pips
Risk: 1%
Risk-Reward: 2,75
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
EUR/GBP Short head and shoulders setupHey! After I have managed to successfully longed EUR/GBP, I am back with another EUR/GBP setup.
So as I expected, the price has come to retest resistance area and this has created a head and shoulders, trend changing pattern.
This pair is very likely going to go up and down between resistance and support range so this is a opportunity for more than one trade, both long and short.
Short Entry
0.90600 - 0.90720
Take profit ( 32 to 61 pips)
0.90190 - 0.90280
Good luck with trading!
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EUR/GBP back inside parallel channel💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at EUR/GBP on 1H chart . Price was ranging for quite some time in this channel when decided to break through resistance line. Now price is back inside this channel and we believe that price is going to test support line of this channel.
Let us know what you think about this idea.
Trade safe !
EURGBP SELL IDEAPrice has made its way to a huge reversal zone at 0.91500 which also lines up with the 0.61 fib level indicating it could either reverse or have a pullback at this area . As i am also expecting GBP to strengthen due to lock down measures being eased and the economy getting back on its feet
it makes sense for me to be shorting this pair at this important level.
Always use 1-2% Risk Management.
EDUCATIONAL PURPOSES ONLY.