EURGBP Short Trade PosibilityEURGBP : A perfect trade for trend continuation. Hoping for a bigger drop in the coming days. Trade carefully tho, have your SL's in place.
SL: 0:872 Levels TP: 0:8647 (Perfect Trade Lol) Levels
Eurgbpsell
>> EURGBP << April 18th >> Short „Swing“ Setup <<Hey Guys and Welcome,
EURGBP retraced over 60% of previous week price action, we are following „Mid“-term Trend with a good RR.
Pullback to previous H4 lows retesting that area with an explosion last 4h, we trade agains that sl hunter and follow mid term downtrend.
Short: 0.87110
Sl: 0.87648 (50 Pips)
TP: 0.86449 (65 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
>> EURGBP << April 3rd >> Short „Breakout“ Setup <<Hey Guys and Welcome,
EURGBP broke previous week lows, we are following „Mid“-term Trend with a good RR.
Very bearish price action occurred in a lot of pairs today breaking several lows formed a High and respected his trend channel.
Short: 0.87153
Sl: 0.87393 (25 Pips)
Tp: 0.86934 (25 Pips)
Tp2: 0.86682 (50 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
>> EURGBP << March 27th >> Short „Swing“ Setup <<Hey Guys and Welcome,
EURGBP retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR.
Price just spiked up with the last H4 Candle I see it pullback to 0.87 Key Level.
Short: 0.87866
Sl: 0.88646 (80 Pips)
Tp: 0.86945 (90 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EUR/GBP Buy Trend OpportunityCurrent market of the EUR/GBP breakout's it's support price @ 0.86691. Now there is a good opportunity to go buy until price @ 0.89205
>> EURGBP << March 19th >> Short „Breakout“ Setup <<Hey Guys and Welcome,
EURGBP broke back below previous week price action, we are following „Mid“-term Trend with a good RR.
Price very bearish last week even with a downside break of our Mid term uptrend, we follow this wave.!
Short: 0.88072
Sl: 0.88292 (20 Pips)
Tp1: 0.87874 (20 Pips)
Tp2: 0.87574 (50 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EUR/GBP Bearish PredictionEUR/GBP is on downtrend. Now there is a much possibility for bearish movement until price @ 0.87845
EURGBP has potential to go lowerWhy complicated? Trade as simple as AB=CD
HERE'S THE GOLDEN RULE:
* SELL when the price make a new "Lower HIGH"
* BUY when the price make a new "Higher LOW"
If you like my analysis, please don't forget to LIKE & FOLLOW!
Free Tutorial on how to trade the AB=CD coming soon! Don't forget to FOLLOW!
EURGBP right on major resistance, potential drop!EURGBP is now testing major resistance at 0.8911 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) and a strong drop could occur from this level to push price down to 0.8747 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/GBP Long term sell OpportunityEUR/GBP Break's it's upper resistance price, Now there is a chance for long term bearish trend until price 0.87000.
EURGBP is reacting nicely off major resistance,bearish potentialEURGBP has reacted nicely off major resistance at 0.8911 (Fibonacci retracement, horizontal swing high resistance) and a strong reaction could continue from this level to push price down towards 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where it reacted nicely off. Huge downside potential for a further drop.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP testing major resistance, potential reversal!EURGBP is now testing major resistance at 0.8911 (38.2% Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push price down to at least 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/GBP Short term sell OpportunityIt seems EUR/GBP breakout's it's resistance @ 0.88960. Now there is a short term sell opportunity until price @ 0.88200
EURGBP range bound trade set-up to avoid Dollar messrectangle range set-up is one of the high potential trade set-ups since December last year, usually it breaks the rectangle to the downside. This pair is in range bound and have already tested the support twice, if price fail to break to the upside then the chances are price will break the counter-trendline and will break below the rectangle support. Wait for RSI to reach over bought region or break of the counter trend line to the downside in lower time frame or a potential upside move if price break the region which seems unlikely at the current price movement.
I think it will test higher low before moving up quick tradeI think it will test higher low before moving up , this is a quick trade R:R 1.7 SL@.88243 TP@0.87501
EURGBP right on major support, prepare for a bounce!EURGBP is now testing major support at 0.8766 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and a bullish bounce could occur at this level pushing price up to at least 0.8914 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (21,5,3) is seeing major support above 4.3% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP Bounce BackEurGbp at the 1 hour time frame is nearing the lower range and also a support levvel. Chances are price will bounce back up from this level.
Wait for the next hourly candle, if its green its a bounce back and high chance of next 2-3 candles also being green, so take a buy.
If its a red candle and breaking the support then its a nice sell entry. So on market open have a bit of patience and wait for the next candle.
EURGBP back to major support, potential upcoming bouncePrice is back to major support at 0.8842 (Fibonacci retracement, horizontal overlap support) and a strong bounce could potentially occur at this level to push price up to at least 0.8972 resistance (Fibonacci extension, channel resistance, horizontal swing high resistance). Our next major leve of support is at 0.8786 (Fibonacci retracement, swing low support).
Stochastic (34,5,3) is seeing major support above 4.3% where a potential corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP approaching channel resistance, keep an eye out on this!EURGBP is approaching major channel resistance at 0.8972 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, channel resistance) and a strong reaction could occur at this level to push price down to at least 0.8842 support (Fibonacci retracement, horizontal overlap support). Our next major level of resistance is at 0.9027 (major swing high resistance).
Stochastic (34,5,3) is seeing major resistance below 98% and a corresponding reaction could occur at this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell EURGBP Based on Bearish Trend Channel + Bearish GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
