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.
Like, comment and subscribe to be in touch with my content!
Eurgbpsell
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.
Like, comment and subscribe to be in touch with my content!
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.
EURGBP Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
EURGBP- LONG SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
EURGBP trade idea (MON - 29/08) : SELLTo open up the week, I see the pair EURGBP selling. It has rejected the supply, with two impulsive moves. It will head towards the 4h demand zone.
I would wait for another clear move, however these moves have been significant enough to take upon the shorting move.
This is just an idea.
EURGBP trade idea (FRI - 19/08) : SELLEURGBP has now entered the supply zone.
The suggestion would be to waait it for setup and what where it next breaks to - I am expecting a short to the 30 minute demand.
If it breaks downwards, we could be entering a trade with RR of 3.
Enter at your own discretion.
EURGBP trade idea (FRI - 18/08) : SELLThis pair has been playing for the last few hours however it is now ready to sell.
It has not cleanly broke upwards, therefore after a number of rejections, it will look to end up selling, especially once the upper order block will stay respected. (Price may return, as there is a bit of imbalance left)