Eurgbpsell
EURGBP - SHORT POSSIBILITYAS YOU CAN SEE, THE LAST TWO CANDLES CLOSED UNDER THE SUPPORT LINE WHICH MAKE IT SEEMS LIKE A SUPPORT BREAKOUT, WAIT IF THE THIRD CANDLE CLOSED UNDER THE SUPPORT LINE THEN YOU CAN TAKE IT AS A CONFIRMATION AND SELL TO THE NEXT SUPPORT
EURGBP ShortPossible correction at this price. We used Elliot Waves to determine the turn point. On the other hand this price of GBP is at 2 year lows which could also indicate down turn aswell as seasonal effect in September. We think that the correction should hit price 92.200 and at that price we will see if it breaks out.
EURGBP - Big Short EURGBP reached its August 2017 highs, Momentum on this market is weakening all across the bigger picture therefore i am seeing a trade to be setting up here, wait for the market to break the trend line to execute the orders.
Trade safe & Good luck everyone!
#EURGBP, Time to change direction!So far we have been long on this coin, it's time to change direction.
We are a few dozen pips from a powerful double top pattern in the daily graph that will surely lead some declines.
The Stochastic is also in Overbought with cross lines.
The pound against the dollar is on serious support which could accelerate increase very soon.
Target: 0.9050
EG - Sell OpportunityPrice has tested the top of the channel on this pair and a near double top on the lower time frame,
TP zones will be:
Previous support/resistance area short term
Bottom of the Channel
EURGBP Possible Sell EURGBP Possible Sell
Join Our Free FX Signal Telegram Channel . No VIP group ..absolutely free : t.me
When a bull flag breaks to the downside, you know what's coming.It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
EURGBP ready to push down?EURGBP from the big picture looks very good for some selling opportunities. Price has pushed down to some extent as soon as it hit the key resistance level i have been watching over the past weeks
EURGBP approaching support, potential for a bounce!
EURGBP is expected to drop to 1st support at 0.89116 where it could potentially react off and up to 1st resistance at 0.89615.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
