EUR/GBP
X2 Position
1. Sell: EUR / GBP
sell limit: 0.85915
SL @ 0.86220
TP @ 0.85050
Max Risk: 2%
2. Sell: EUR / GBP
sell limit: 0.86540
SL @ 0.86830
TP @ 0.85610
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
Eurgbpshort
EUR/GBPX2 Position
1. Sell: EUR / GBP
sell limit: 0.84630
SL @ 0.84950
TP @ 0.84050
Max Risk: 2%
2. Sell: EUR / GBP
sell limit: 0.84960
SL @ 0.85320
TP @ 0.84050
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
EURGBP 4 Hours Technical Chart AnalysisHello Traders
My name is Opizzlefx and i have been trading for quite some years and i want to impact traders using my years of experience in the financial market. Kindly follow me for more.
EURGBP 4 Hours Chart Projection showing good opportunity for a SELL. After gathering my information right from the higher timeframe like the WEEKLY Timeframe. Price is constantly making series of Lower Highs and Lower Lows. By going lower to the smaller timeframe i saw a good opportunity for a sell as price is about making the next Impulsive move to the downside..... We shall be making our SELL trade soon when we have good confirmation'
Thanks for reading
Tue 3rd May 2022 EUR/GBP Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/GBP Sell. Enjoy the day all. Cheers. Jim
Jamie Gun2Head - Sell EURGBPTrade Idea: Sell EURGBP
Reasoning: Broken through previous support, now presenting a bearish flag formation. Looking for lower levels
Entry Level: 0.8310
Take Profit Level: 0.8213
Stop Loss: 0.8325
Risk/Reward: 6.47
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Possible BPC Pattern on EURGBP ChartPrice recently broke below the 0.82977 daily horizontal support level. There has also been a pullback and we're probably witnessing a continuation of the downward trend as signalled by the bearish harami candlestick pattern slightly below the same support level.
A good entry price is around 0.82886; with stop loss at 0.83061 (about 17.5 PIPS) and take profit at 0.82245 (about 64.1 PIPS). These should give a reward-to-risk ratio of 3.66 or thereabouts.
As always, look before you leap.
Happy trading!
EURGBPThe euro is approaching a very important region on the longer-term charts as far as support is concerned. The 0.82 level being tested is a big deal, and if we were to break down below that level, the bottom will follow out of this pair. More likely than not, we will get a short-term bounce, but I would be a seller of that move because without a doubt the euro is one of the weakest currencies that we currently deal with. If we do get that breakdown, it will become a longer-term position.
EURGBPThe EURO has been in a downward spiral against the GBP ever since the start of the pandemic and more so since September 2020. In addition, Europe’s proximity to the invasion of Ukraine, both in geography and economically, has only helped suppress it further as the conflict became more widespread.
EURO MAY BOUNCE AS THE UKRAINE CRISIS DE-ESCALATES
EATING PIPS 77
EURGBP | TRADING UNDER SUPPORT
EURGBP has broken the important support zone and trading below it. The price took the bounce from minor supports now and it might test 7th Mar 22 support once again.
For long positions, one can wait for the break above falling trendline and trading above the important zone.
Trade your levels accordingly.