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.
Eurgbpshort
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.
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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 Daily Trading Idea: SnR/SnD/FibMy swing trading setup on EURGBP
At the moment no trades are taken yet as price is moving in the range between the broken supply zone and the resistance.
Waiting for price action to show where the price is going next.
Divergence signals that I look for potential short @ 0.883:
1) RSI: Lower high
2) Awesome Oscillator: Lower High
3) Price action: If candles close with bearish engulfing or any reversal candles (eg: Hanging Man/Shooting Star etc)
EURGBP looking good for sells short term to get ready for buysThis is just a short term pullback for EURGBP. I am anticipating the market to react off of an zone that I have have marked out lower on the 4H but I will share those later on for not this is what I want to see the market do before getting into shorts targeting the 15 min low
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8703 LEVEL. And before that EURGBP can SELL to 0.8443 LEVEL. eeurgbp
EURGBP Consolidation in Upper WedgeEURGBP:
Eurgbp is trading in Upper Wedge Correction Pattern Near its Resistance Area.
We Expect a Short Opertunity near Resistance Zone with a stoploss above Resistance Zone Area.
USe Trailing Stoploss.
Always use 2% of your Capital at Risk.
For more information Comment below!
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 - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP.
Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price took out buy side liquidity and rejected from bearish orderblock + institutional big figure 0.85000.
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EURGBP, Bearish price action Invalidated by Impulse ❌️Hello Traders,
EURGBP recently has been shaping up downside creating more then one correction until this past end of the week where we saw price impulsively broke upward invalidating any bearish continuation. I will be looking for a short term consolidation before more bullish momentum continues.
Thanks
Trade Safe
EURGBP order block sell positionWe came into a 4hr area of consolidation and now demand is in control, i expect price to come back up to the area i have marked getting this entry with a 3 pip sl you can hold this trade over the weekend if it gets activated during this time
if the trade gets activated hold the trade for atleast 1:5 make sure to take partials on the way down.
just keep in mind that it is a friday and we could face big spread so just be careful
Have fun Trading and have a profitable week!
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 Sell at market.EURGBP - Intraday - We look to Sell at 0.8469 (stop at 0.8483)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Daily signals are mildly bearish.
50 1day EMA is at 0.8464.
Offers ample risk/reward to sell at the market.
0.8471 has been pivotal.
Price action has posted a Doji candle and confirms a possible stall in the recent move.
A lower correction is expected.
Our profit targets will be 0.8434 and 0.8429
Resistance: 0.8470 / 0.8480 / 0.8490
Support: 0.8460 / 0.8450 / 0.8440
EURAUD,EURCAD and EURGBP top-down 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.
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)
EURGBP Aug W.2: Long-term trend alert!Hi friends, I hope y'all having a profitable week ;)
Today, we're looking at a possible long-term trend that has a potential to reward us with +8%. These trade signals are derived from both the monthly and weekly. The monthly price is currently running in the bearish half a bats L1 that has last months price closed with a bearish reversal candle pattern that was followed by the current candle that is retesting the 3rd weekly key level and bearish crossed short-term m.a's to fully confirm the patterns 2 level trend. The weekly, on the other hand, has formed a bearish H&S pattern (that confirms the monthly's previous bearish reversal candle close) that has its price running in its accumulation phase above the neckline after it bounced off the 50 and bearish crossed short-term m.a's, signaling an upcoming 3 level trend. So, the monthly and weekly confirm each other for the drop, however, things can go south, meaning, the drop might not occur. With that said, let us see how the price will prove us right and wrong.
Bulls: -If the price bearish bounces off the Weekly H&S Neckline with a bullish reversal candle pattern that leads it to bullish rally to break and retest the 3rd Weekly Key Lvl/Weekly Neckline 3 together with the 50 and bullish crossed short-term m.a's, the price would've formed a bullish reversal pattern (probably a double bottom) that will dis-confirm our trades (proving use wrong).
Bears: -If the price bearish breaks and retest the Weekly H&S Neckline (1st trade signal) then continues to drop to break and retest the 4th Weekly Key Lvl (2nd trade signal), that will trigger what I call an "H&S A-E.3 signal" that fully confirms our trades anticipated 3 level trend (proving us right).
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts!
Stay Blessed,
Spha Thwala.