Eurgbpsell
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.
Short Position Forecast on EUR/GBPOption 1. GREEN
Ideally we are looking for perfection and for price to hit the top of the trend line with a hover and then look to sell to the downside.
Option 2.
Price retraces, forms bear flag which I am happy to take, if price then hovers on the lower trend line then I will potentially also scale to take price further to the downside to the start of the correction at 0.86724