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Eurgbpshort

EURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSISEURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSIS In this chart, im looking from 3 perspective. 1) Supply & Demand 2) Trend 3) Significant S&R Level. SL - 20 PIP TP : RR / 60 #TAYOR My main indication is the H4 Double top has been consume at price 0.86764. Which make the movement is bearish . From that point of view, the price respected the trend point of view. Then price doing engulfing movement which i circle in the picture. So my point of view, it's relevant to take short at PRICE : 0.85986 as its the only price that near fresh base and significant resistance level . #EURGBP
Short
by bobclub39trade
2
EURGBP: Head & Shoulders Trap 🚨Don't trade the head and shoulders pattern the retail way, trade it the smart money way. ⠀ If price is approaching the neckline to breakout, don't join with the retail sellers, wait for manipulation to join at the appropriate order block or imbalance. ⠀ When price finally breaks out and trappers huge amounts of sellers, look to the left to identify an area of demand to buy from. ⠀ If you locate the correct demand, you can buy into seller stop losses and profit both ways. ⠀ This is a great example of manipulation 👁 I will be joining buyers at the next demand.
Long
by AlkalineFX
14
possible shortThis is a quick scalp to day trade setup. there's a hidden weekly trend line (purple) and daily (green) convergence right at current price. Considering EG overbought on most time frames, risky however worth a short with small lot size. No detailed analysis given as it's a quick scalp --- Disclaimer: Chart is static market is not. I learn from losses and mistakes just like everyone else. No financial advise is given here. Your money, your own risk. :) And Good luck.
Short
by mleader1
Jamie Gun2Head - Selling EURGBPTrade Idea: Selling EURGBP Reasoning: At a previous resistance level - just needs to hold until 9:00pm!! Entry Level: 0.8581 Take Profit Level: 0.8494 Stop Loss: 0.8602 Risk/Reward: 4.41:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
1