EURGBP approaching resistance, look out for potential reversal!EURGBP is approaching its resistance at 0.89817 where it is could reverse down to its support at 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Eurgbpsell
EURGBP Sellers are watchingWe have 3 big resistance lines incoming,
-0.9 psychological level.
-important trendline on daily
-and as last the upper channel trendline
All 3 I showed by the arrows,
the worst scenario I sketched.
We also took out some shorts from breakout of previous high of the upper channel(see orange arrow)
Let's see, bulls are slightly stopping to buy above the 0.78 fibo level also.
Tyson FuryHere we have 2 key zones marked out that have been used as strong support and resistance before and WILL be used again.
What we might see here is a slight pullback in price to our lower zone after days of bullish movement before a final push higher to our upper resistance zone.
I'm currently watching Tyson Fury fight, he is going to smash Schwarz... just like me and my team are going to smash the markets again ;p
Come chat with us to see how we can help you in your trading career.
Tyson FuryHere we have 2 key zones marked out that have been used as strong support and resistance before and WILL be used again.
What we might see here is a slight pullback in price to our lower zone after days of bullish movement before a final push higher to our upper resistance zone.
I'm currently watching Tyson Fury fight, he is going to smash Schwarz... just like me and my team are going to smash the markets again ;p
Come chat with us to see how we can help you in your trading career.
EURGBP 4H - End Of Uptrend?After a long Bullish moves, the uprise has stalled and slowed down. Price has start to create a Lower High and tried to break the Support (magenta zone) yesterday.
However, be cautious as the price can still go upwards. We merely trade WHAT WE SEE, but the market forces is beyond anyone's control.
EUR must weaken or GBP must strengthen in order for EURGBP to fall.
TAYOR.
KHALID HAMID
Bullish Exhaustion on EUR/GBP? I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours.
Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
Blinded by BULL#HITThis setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong way to trade so you still make no money... This is a very good advertising trick but very morally wrong! Lying to get money hmmmm sounds like the government. haha.
We teach our clients to keep it simple as you can see from our charts, with us you get no c#ap just to the point straight trading!
Can you guess why this trade setup is a good 1?
More detailed explanation will be saved for our clients.
Come have a chat with us to see how we can help you.
Blinded by the B#LLSHITThis setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong way to trade so you still make no money... This is a very good advertising trick but very morally wrong! Lying to get money hmmmm sounds like the government. haha.
We teach our clients to keep it simple as you can see from our charts, with us you get no c#ap just to the point straight trading!
Can you guess why this trade setup is a good 1?
More detailed explanation will be saved for our clients.
Come have a chat with us to see how we can help you.
EURGBP - Day TradeEUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA.
Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short.
Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio.
The move is not yet confirmed, but I'm putting this out there.
Trade safe.