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Eurgbpsetup

EUR/GBP: Day-Swingtrade-Opportunity #SELLHey tradomaniacs, welcome to another free signal! Important: Wait for the market to show a fakeout above neckline. We want to see a complete retracement before we sell which often breaks through neckline to trigger SL`s. ----------------------------- Market Sell: 0,84645 Stop-Loss: 0,85190 Target 1: 0,84060 Target 2: 0,83800 Target 3: 0,83500 Stop-Loss: 54.5 pips Risk: 1% Risk-Reward: 2,5 Waiting for a fakeout above neck-zone and trendchannel before sell. ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
POTENTIAL SHORT TRADE SETUP ON EURGBPHi Traders, The 1-hour chart of EURGBP shows a broke out of a support level with a textbook five-wave impulse. . Currently, the price seems to be making a three-wave zigzag corrective pattern which is most likely to terminate around 38.2 and 50.0 Fib ratio that lined up with the broken support turn resistance and moving averages. . Given that the correction is almost complete at the confluence zone, we will wait for the break out of the CTL to confirm the sell setup and break of the red horizontal line for a more conservative entry. . Best of luck on the chart! Veejahbee.
Short
by Veejahbee