Eurgbpsell
Eur/Gbp (Looks Like Retracement TIme) How far do you think it will retrace ?????
Im trying for the 50 ....
Let me know in the comments below
EURGBP potential reversal!
EURGBP expected to rise up to 1st resistance at 0.83145 where it could potentially react off and drop down to 1st support at 0.83006.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP SHORT INTRA-DAY AND SWINGEURGBP is currently trading below $0.83678,a signnificant level.
Comparing Weak Vs Strong currencies this past week (end 2/14), GBP shored much much much more strength whereas EUR traded as the weakest of all currencies-- meaning a SELL bias for the pair.
Monthly chart analysis has the pair looking to test Supports for bounce.
A good technical approach on this pair provides awesome Short opportunity to Support with potential continuation to downside or counter-trend to upside targets depending on price action and/or currency strengths.
Momentarilly, Daily and 4Hr analysis should follow.
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Thank you and happy trading.
EURGBP SHORT Same bias as last week, missed my entry by 20 pips. Looking for this to come up to the 61.8 region (purple box) hopefully see some candle wick rejection from here to take this short.
Take partial profits.
140 PIP GAIN 5 /1 RR
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit choppy recently. I am favoring longs but I want to see a nice push to the downside to secure a clean entry. Keeping a very close eye on this pair.
EURGBP - FOREX - 03. FEB. 2020Welcome to our weekly trade setup ( EURGBP )!
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1 HOUR
Bullish reaction and pressure
4 HOUR
Prices at previous resistance, looking for a turn now.
DAILY
Overall Bearish market and price action with a pullback to the upside.
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FOREX SETUP
SELL EURGBP
ENTRY LEVEL @ 0.84720
SL @ 0.85090
TP @ 0.84000
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EUR/GBP : Sell Trade SetupsI am Expecting Drop After Bear Flag Breakdown.
Let see how market Move.
Thankyou
EURGBP intersting battle! :) if can not hold the main resistance of 15min candles it will go deep. but if brake the top channel then expect to go up. based on stochastic RSI and moving averages in 1hr and 4hrs then I am more on short but should so!
EUR/GBP patterns on 4hrs candleFor this pattern to be valid we need a couple of more 4hrs candles to put Stoch RSI in overbought position then it is ready to break the channel since MA7 is not strong recently to break MA50.
Again, IF EVERYTHING BE NORMAL! NO STRANGE FUNDA OR NO CORONA VIRUS KILLS ANY FAMOUS PERSON!
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking really good. I believe that EURGBP is going to start climbing to the upside. First I would like to see a nice pull back and a clean rejection off support giving us a good entry. Watching very closely. Definitely at the top of our watchlist.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit a push to the upside, looking really good. I am not going to rush into anything. Like gold and oil you really need to respect pound pairs as they can move very violently. Its still early in the week so we need to be patient. I would like to see a nice pull back down giving us a good opportunity for a clean entry! Definitely on the watch list. Keeping a close eye on this
EURGBP SWING SELLAs mentioned in the friday's video watchlist price restested perfectly the descedign weekly TL that lines up with previous structure retest,daily support leavign a big weekly shadow behind failing to break above the 0.8600 area so right now im shorting this pair after a 3rd wave atleast to the 0.8400 area
EUR/GBP : Buy on the Retest ConformationStructure Looking for one more Upside Move
Buy on the Retest Confirmation.
Good Luck
EURGBP approaching support, potential for a further rise!
EURGBP approaching support at 0.84820 where it could potentially rise further to 0.85712.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP SHORT SET UPThis set up is based on the current order flow. Risk reward is good with 2 take profit targets.
Follow me for updates and regular high probability set ups!
EUR/GBP : Watch Correction and Buy For LongerTerms Structure Looking Descending Reversal Pattern, so we can see Next Impulse as well as Prev impulse.
EurGbp to retest 0.84 figure?From the middle of August, EurGbp is in a clear downtrend. The pair reached a low at 0.83 and corrected upwards.
The correction reached 0.86, a previous consolidation zone.
As long as 0.86 zone holds we consider the downtrend still intact and a retest of 0.84 support is probable.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
As mentioned keep in mind that we have pound news today. This pair is definitely looking good. As I said in the last video I would like to see EG push up a bit and give us a nice clean rejection off resistance then we could look to take a trade.
EURGBP - LONGReason
1.) Price reversal at 0.83 tells me that some big volume is buying at this price.
2/) SMA20 starts showing some strength in an up trend.
Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TRADE with CARE !!!
