Eurgbpsell
EUR/GBPThere is a big possibility that the price will retest to a 0.89 level which will give us another opportunity to sell this pair with a 5:1 risk ratio.
Be patient and wait.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
EUR/GBP SHORTHello,
My BE SL was reached and now I have just 1 position open.
We can see that movement UP not so strong to change direction.
Sellers dominate at the moment. I will keep this position open. 5:1 Risk ratio.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EURGBP potential SELL setupConfirmed DOWN structure. The WAVE is now under RETRACEMENT.
Wait for counter-trendline break (yellow line) after the price has hi resistance level.
After counter-trendline break confirmation on the 2H timeframe, SELL.
Stop loss above last structural LOW level. Take profit just before next resistance/pivot point (dash green line).
Good luck!
EUR/GBP Trade AnalysisHello guys!
Hope you are well.
I spend a few hours to get a better picture of possible movement coming this week.
First of all, we are in selling pressure (correction) already 9 days and around 600 pips.
Probably this or next week we will complete correction and probably we will have another impulse UP.
We have to keep that in mind to avoid bad trades and mistakes.
My current situation is 2 open SHORT trades with around 150 pips profit.
I'm preparing myself for 3 possible movements in the coming few days:
1. (Red) Price reacted to 0,89 level and this is completely fine, I was expecting to see such a movement. This level is in the middle between two strong levels 0,90 and 0,88. I think we will see now a small correction and the price will continue to drop.
2. (Green) We can see a bigger correction from 0,89 level up to 0,90 for retest that level. That's why I moved my second position SL to BE, to avoid negative positions. My first position will stay the same, looks like if this movement will happen I will be in a safe area. After all, if the price will reach 0,90 level I will change my TP to 0,89 area to avoid a double bottom pattern.
3. (Yellow) This movement has less probability to happen, but if it will the price has to brake 0,90 strong level and I want to see how it will brake. So basically everything depends on momentum. If it happens I want to see how it will happen. There is a chance that buyers coming.
Let's see what this week can give us!
If you have any questions don't hesitate to contact me. ;)
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP Scale inThere is a chance to scale into this position.
Risk ratio 7:1
Let's try
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SHORTThis is the perfect time to SELL this pair.
The chart retested the support level.
I'm in this position right now!
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SHORTOk. Looks like we have on more impulse to down.
I will wait for some mini bounce back to retest previous support level and from there I will open SELL position with 5:1 risk ratio.
Let's see what chart sign will give us.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SHORTI think it's a good time to sell.
3:1 risk ratio.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SELLHello!
Ok, so what I'm expecting right now?
There is my opinion on this pair.
You can see clearly in the chart what I'm expecting, just need some confirmation.
There are 2 ways how it can work:
Pattern: Ascending channel and after it will brake trend line we can sell it.
Price can reach 0.93 level and then it will go down.
Let's how it works and be patient till chart will give you a perfect sign when to open position.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
EUR/GBP: Day-Swingtrade-Preparation
Market Sell: 0,90850
Stop-Loss: 0,92480
Target 1: 0,89000
Target 2: 0,88190
Target 3: 0,86830
Stop-Loss: 163 pips
Risk: 1-2%
Risk-Reward: 2,5
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 SHORTThis chart looks really good!
Be patient and let the chart form a pattern.
I will try to find an entry for a SHORT position.
Actually everything you can see in the chart.
Please make sure you will wait for a good signal.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP SELLHello again!
So after a retest (marked black), I took one more trade, so now we are with 3 trades in profit!
I'm pretty sure that all positions will take TP, if not I already move SL to breakeven to save my profit.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP Retest 0.92Hello again!
We can see clearly that price retested 0.92 level (marked blue) and i open another sell position with 5:1 risk ratio.
Previous position break-even SL was moved to 70 pip profit, so if the price will go against us we will be in profit anyway.
Let's see how it will develop.
Have a great evening guys! ;)
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.