Eurgbpshort
Eurgbp ready to bounce back to record resistence.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURGBP
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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EUR/GBP: Free Sell Signal Is Ready For You Don't Miss It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURGBP SHORT EURGBP is moving in a descending channel on the Daily time frame, in the other view, the pair is retesting the neckline of the hand and shoulder pattern in the daily time frame.
We expecting the pair to re-test the key support levels listed on the chart,
We taking this trade based on technical analysis and candlestick patterns.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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⁉️ EURGBP - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP.
Here I expect to continue the retracement, as price filled one imbalance, but there is another one above and if price rejects from bearish orderblock I will open a short position.
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Selling EURGBP 02 Aug.The pair is bearish on W1, D1, H4.
Broke below support at 0.837 twice. Previous break below did not succeed but the bulls had no momentum either.
Broke again today and now pulling back to 0.837.
This time the bears may succeed and provide an opportunity to target 0.8245 area.
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Always use sound money and risk management and stay patient in all your trades.
EURGBP is in sell zone!!EURGBP moving is in long term downtrend. After a monthly close as a bearish engulfing, EURGBP has resumed its downtrend. As per 4H price action, EURGBP has formed another bearish price action for a possible drop with daily bearish engulfer.
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EURGBP Probability short for 0.831014th & 15th June daily bar formed two bar reversal indication for weakness ahead. 21st July formed key reversal bar made a new high closed towards the low. 16th July down bar like a coiled bar added clue for short. may sell it cmp 0.8412 with stop loss 0.8430 just risk of 18 pips. if stop loss hit then put sell limit as 0.8480 that is supply area with stop loss of 0.8505 for target 0.8310.
EUR/GBP H4: Short pressure risingEUR/GBP H4: Short pressure rising
> Bullish trend broken
> Re-Test successfull
> break of structure, change in sequence
> Need a break of the current inner upward trendchannel
Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict.
A break of the last higher low would increase the probability of a downside movement.
Meikel & your Team WSI