Eurgbpshort
EURGBP ANALYSIS
Plan A : Long
As overall trend seems to be
bullish so we have to wait
until it properly breaks above 0.83651.
S.L : 0.83048
T.P 1 : 0.83938
T.P 2 : 0.84395
T.P 1 : 0.84911
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Plan B : Short
Bullish Trend line is broken at 4H.
Also seasonality goes is favor
of bears 11/15 times. If double top
is created at 0.83651 then
go for short trade.
S.L : 0.83745
T.P 1 : 0.83165
T.P 2 : 0.82695
P.S : All the details are attached below.
EURGBP | RESPECTING SUPPORTEURGBP after making a top of 0.82120 has drop sharply and reached to the support zone. We are expecting price will increase as this support area has been reactive in the past
The only hurdle for the bulls is falling trendline which if taken out the new trend will begun.
Trade your levels accordingly.
EURGBP LONGS📉📉📉📉 Expecting bullish price action on EG as price takes out weekly lows liquidity and closing bullish above. We had a strong bearish movement without correction and i expect the price to retrace in the upcoming days, a lot of bearish imbalances were formed around 0.84200 / 0.84700 price area.
What do you think ? Comment below..
Tue 5th Apr 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. There have been a lot of QMP Filter dots on this pair lately, making it tough to trade. Enjoy the day all. Cheers. Jim
EURGBP Daily Analysis..there is a possibility that the price will correct in the swap zone area which is formed after a significant drop occurs. It has the opportunity to become a good enough zone for entry, I only analyze according to my understanding, I do not recommend stop loss and take profit levels because I don't know for sure where the price is will move, this is just a possibility, keep using healthy money management, love your money
EURGBP SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on EG as price takes out all the buy side liquidity above the old highs after ECB bullish news about a possible rate hike this year. Price takes out weekly stops and quickly reverses with a high bearish momentum that could potentially start the selloff, we have also a lot of bullish imbalances that should be filled and those areas can act as a MAGNET for the price to go down.
What do you think about this currency pair ? Comment below..
Trade setup EURGBP Short 26 March 2022Hi Traders,
Welcome to my new trade setup for the EURGBP pair.
Price has formed a nice bearish pin bar and rejecting the 21EMA at a minor resistance level at 0.836.
The weekly trend is bearish and hope the price will continue to fall.
Details trade setup EURGBP are:
Entry 0.832
SL 0.837
TP 0.825
R/R 1.4
LEV 30 X
Trade safe!
Spyros
Wed 23rd Mar 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
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as we are in a bearish market structure on a HTF premise, price takes out the last point of liquidity above the old high and institutional figure 0.84500. I think we have CLEAN AREA for the selloff, my targets are going to the IMBALANCE area somewhere around 0.83500 / 0.82500.
What do you think ? Comment below..
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.