Eurgbpsell
EURGBP short trade opportunity.EURGBP reached previous high and did not break it creating a nice pin bar on weekly timeframe which indicates that the price could drop even further. Great entry was at the previous high level but in case you missed it then there is another opportunities to get short. A) if the price reached the daily resistance or B) if the price move back to the highs. Both ideas gives us minimum 3:1 reward or more.
FOREX: EURGBP - SWING - 27. NOV. 2018WELCOME TO DACAPITAL-TRADING!
EURGBP FOREX BREAKDOWN 27 NOVEMBER 2018
1 HOUR
Strong bullish movement after taking out 0.88400
4 HOUR
4Th strong bullish candle in a row taking out short-term sellers
DAILY
Strong bullish reaction today, good short entrys now!
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
SELL EURGBP
1ST @ 0.88860
2ND @ 0.88900
3RD @ 0.88940
SL @ 0.89230 (45 Pips)
TP @ 0.88490 (60 Pips)
RR: 1.30
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EURGBP - SWING - 12. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
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1 HOUR
Strong bearish reaction and price movement..
4 HOUR
Bearish reaction after taking out 0.877!
DAILY
Strong bullish gap with instant bearish reaction
LEVELS
SELL EURGBP @ 0.87410
SL @ 0.87620 (20 Pips)
TP @ 0.87020 (40 Pips)
RR: 1.91, SWING Setup!
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EURGBP -- TIME FOR A BREATHER -AFTER THE DROPI REALLY HOPE YOU GUYS CAUGHT SOME OF THE DROP. I MUST SAY IT HIT TAKE PROFFIT AROUND 70% OF THE DROP BUT ITS ALL GOOD. WE CANT HAVE IT ALL :)
EURGBP DROPPED A LOT MORE THAN I EXPECTED
NOW I AM EXPECTING SOME CONSOLIDATION.
THIS SHOULD REVERSE TO SOME RESISTANCE
BEFORE CONTINUATION DOWN
SUPPORT THE MOVEMENT WITH YOUR LIKES,
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EURGBP SHORTEUGPB situated into ascending channel which will breakdown,i m sure about this becouse we have a classic bearish setup:
MACD touched neutral zone(0) and now going down,buy volume also going down which is another sign of bearish
RSI overbought and bearish cross CONFIRMED
RSI dropping,below 50 will be bearish
Targets for this short: 0.885 , 0.883, 0.881 and 0.880
ENJOY
EURGBP - SWING SETUP - 30. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
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4 HOUR
Very strong Bullish H4 Price movement, expecting a H4 Pullback now!
DAILY
A few bullish days after a bearish run, expecting more pushes to the downside
WEEKLY
Price moved toward weekly resistance level now!
LEVELS
SELL EURGBP @ 0.89290
SL @ 0.89600 (30 Pips)
TP @ 0.88660 (65 Pips)
RR: 2.06
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EURGBP SELL Opportunity is hereEURGBP is in a definite downtrend. It has entered a SELL zone, meaning the end of correction. Assuming GBPUSD got hit less than EURUSD it makes a good sense to SELL EURGBP.
However, keep in mind that this pair is highly sensitive to BREXIT deal news. That might be the reason for technical analysis not to work. So, you might consider TP earlier in case of any fear towards UK getting a bad deal or any such news from reliable news agency.