EURGBP - Short after break of structure ✅Hello traders!
‼️ This is my analysis on EURGBP .
Here we are bearish from H1 timeframe perspective after the price broke the market structure, so I am looking for shorts. I expect price to make a retracement to fill the imbalance above and then to reject from bearish orderblock.
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Eurgbpsell
EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP possible sell zone!!EURGBP has formed a strong bearish price action on the 4h after breaking the local support zone. As there is a strong rejection of the monthly and weekly, there is a high probability price will continue to drop. Currently, the price is retesting the previous support turns resistance. Upon rejection from the moving average of 4h, we could find a possible sell opportunity!!
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EURGBPHi traders, EURGBP is setting up for a downside possible move watch price to go our mentioned pattern completion area and look price action on the top for a short position opportunity if price break 0.85786 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
EURGBP - Bearish market structure ✅Hello traders!
‼️ This is my analysis on EURGBP .
Here we can see that price broke the market structure and now I am looking only for shorts. I expect price to continue the sell-off to fill the imbalance below.
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EURGBP SELL IS THE MOVE yo whats up guys , welcome to another new analysis today we have EURGBP i believe its about to go down and here is why :
first of all we have
- Last monthly candle closed as a big hammer with a huge wick which signals the Sellers are dominating
- and on the 1D T.F we can see a head and shoulder pattern being formed on a KEY level as neckline and under a falling trendline which had few breakouts
- the Neckline was not only broken but was also retested we might be having a bearish move comming soon
this is not financial advice this is just a point of view
personally i will wait for a little bit more confirmation and enter on a sell asap
EURGBP - Breaks the support ✅Hello traders!
⁉️This is my analysis on EURGBP .
As I said in my previous analysis, here price first rejected from support and then filled the imbalance above. After that price rejected from bearish orderblock and I expect price to break the support and re-test it for a short position.
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EURGBP-SELL strategyOverall I believe we should see 0.8530 again as the rise has been like three climbing mountain tops, and it created a kind of strong rising wedge so the speak.
This will not bode well short-term and perhaps GBPUSD will move upwards sharply due to the larger fall of USDJPY affecting GBPJPY as a thought.
Strategy is SELL 0.8730-0.8780 and take profit 0.8578 for now.
Looking to SELL EURGBP Today !!Last week the EURGBP broke out of a weekly resistance area and closed thee week well above it , the pair has also been on an 8 week up leg which looks to be targeting the weekly SUPPLY/SELL zone that starts around 0.89 before we hit that i expect a small pull back down towards the resistance that was broken last week.
So today I will be looking to SELL this pair on the first 30 minute SELL signal my indicator gives and targeting the previous resistance and the newly created daily DEMAND/ZONE that was the origin of the move that broke the resistance at 0.8650 my stop will be just above 0.88.
EURGBP Short Trade SetupA bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
Rooting for you!
Your FX Plug
FX:EURGBP
EURGBP LONG TERM SHORT!!Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.