EURGBP - SHORT POSSIBILITYPOPGUN BAR PATTERN + RESISTENCE + UPTREND BREAKOUT + 60% TRADERS ARE BUYING EURO = GREAT SELL PROBABILITY
Eurgbpsell
EURGBP possible SHORT trade I really like this setup. The price tends to respect quite the trend line. We are now reaching a good level of resistance and 61.8 weekly fibonnaci, however, that impulsive candle is leaving me with doubts. There is not much confirmation to go short in this trade. For now we will wait until we have a confirmation of trend reversal (rejection of that level for an example).
I'm updating this trade as we see movement.
eurgbp my tade ide for this weekhi traders my trading idea shor for this pair but remember this idea just for trading education
EUR/GBP: Sell After 3rd Touch of Ascending Channel !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURGBP - 500 pips + Position TradeOur last eurgbp breakout didn't fail us. Now we are looking for another leg down
#EURGBP Support Resistance analysisThe eurgbp is on its way to its fifth attempt to break through the resistance so it's an excellent time to get in short.
The target is clear around the support area 0.8512
EURGBP Approaching Resistance: POTENTIAL SELLEURGBP is approaching horizontal resistance at 0.8675-0.8700. Besides, the 100D EMA at 0.8678 can also prove to be a strong hurdle.
So, traders can look for SELL at 0.8670-0.8710 with SL above 0.8740.
TPs can be set at 0.8500.
EURGBP At Key Resistance A Head of UK DataTrade Background: Bearish Reversal
Price has returned back to major resistance level of the bearish channel. Where the sharp recovery in price resembles a V shape formation. Now that the week is almost over, we're going to see a massive amount of economic data coming out of UK in less than 3 hours! These data include Q1 GDP, Manufacturing data, Total business investment and Trade balance. Therefore, volatility is defiantly coming soon any GBP pair. If data comes out as positive, look for price to swing back to key support levels against the EUR.
Trade Idea:
Positioning: Short
Time frame: 4H chart
Length of Trade: 1 day to 1 week
Entry: Between .86200 to .86400.
Exit: .85100
EURGBP, Time To Sell?Hi there. Here's what I see. Let's see if it does goes down. Heh Heh...
KHALID HAMID, Traders Awards Malaysia Best Trading Guru 2018
#EURGBP Good opportunity The resistance line is placed at the aforementioned price because this is previous support that lasted from 18 April until 26 February until it broke and turned into a new resistance.Our recommendation is to sell because we are close to the resistance line, keep in mind that the eurgbp can also continue upward until the circle added to the picture above
Sell EURGBP:
Entry Price:0.8638
Stop Loss: 0.8685
Take Profit:0.8420
#EURGBP Analysis+signalThe line of resistance in the weekly chart above is a line that once supported and turned into resistance, as long as the price of the eurgbp does not break this resistance and we are relatively close to the resistance price, our signal will be a sell signal
Sell EURGBP:
Entry Price:0.8568
Take Profit:0.84
Stop Loss: 0.8645
EURGBP Trend Reversal PossibleEURGBP has been in tight range of 0.86500 and 0.84700 since 15 days. Price has created good support at this level which is important trendline support.Price is also near to 200EMA support which increase the probability of bullishness. I will wait for retracement after breakout of 0.86500....Will eneter the position at 0.86700 levels with the stoploss of 0.85400 for the target of 0.88000-0.89000.
EUR/GBP: Buy Sell Trade Setup !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURGBP - BUY BREAKOUTSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
EURGBP forex cross pair shorts at supply zonesEURGBP Forex cross pair sell opportunity is playing out in a clear weekly and daily downtrend creating new supply zones on the way down. Weekly supply zone around 0.897 is in control, price dropping very fast once that imbalance was reached a few weeks ago.We can't and should not go long when a bigger timeframe supply level has gained control. As mentioned in previous analyses and video analyses (updated more frequently in the trading community), we had a short bias on EURGBP forex cross pair, looking to go short at new daily supply zones. Last two daily supply zones have had a strong imbalance created and playing out for now quite nicely.There is a clear downtrend, no longs are allowed on EURGBP, only shorts with the bigger picture downtrend on this Forex cross pair. We don't need any indicators in order to plan a trade, just pure supply and demand imbalances.
