EURGBP Sell Trade Opportunity (MY View)EURGBP Showing Promising Downtrend Continuation.. SL On Chart TP Indicated By Dotted Lines...
Eurgbpshort
EURGBP - BEARISH BIASEUR- BEARISH
1️⃣ ECB meets this week and they are expected to remain dovish
2️⃣ German COVID cases on the rise, risk of stricter restrictions
GBP - BULLISH
1️⃣ The prospect of a strong economic re-opening in the UK helped by its rapid vaccine rollout and government policy support.
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TECHNICAL
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- We are selling EURGBP on resistance area on the M15. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
EURGBP ForecastEURGBP Forecast
- keep an eye on EURGBP this week, it's going to fall anytime soon
- first level to break 0.86000
- if I'm correct due to the time factor is has, EURGBP will have to go down fast towards level 0.84700
- keep looking for potential sell setup if given, I will keep track on this pair closely
Note:
Dont simply jump into it, unless confirmation given
EUR/GBP SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/GBP: Day-Swingtrade-Execution
Market-Sell-Order: 0.86640
Stop-Loss: 0.86990
Point of Risk-Reduction: 0.86370
Take-Profit: 0.85700
Stop-Loss: 33 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
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Peace and good trades
Irasor
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EUR/GBP Multi-Time Frame analysis (Potential Trade)Hello traders , as you can see I deeply explain the way I see the markets. Make sure to see the entire video because I'm sharing a potential trade idea for the next hours. Let me know if you are more bullish or bearish.
I've got many fundamental reasons to continue shorting :EUR
Europe continues struggling to immunize its citizens
Eurozone bank lending doesn’t point towards an investment recovery yet
The gap between German and US bond yields widens
Vaccination problems in Europe to weigh on the euro
ECB's lack of commitment to longer-term support means fewer funds for the economy
The eurozone lags behind the US on three important metrics
Political risk in Europe is starting to percolate
New quarantine restrictions in Germany muddy the outlook for the recovery
Europe to face the same levels of the new covid strain as the UK
Rising fragilities among firms, households and sovereigns amid higher debt burdens
Germany struggles with the virus
The latest lockdown measures have dented the summer optimism
ECB to try to break the vicious deflation spiral
Also good reasons to BE LONG in GBP:
British economic data continue to improve
Bank of England see hopeful signs ahead for the UK
The UK’s amazing vaccination prowess strengthen the pound
Vaccine optimism and shelving of negative rates to drive sterling higher
BoE has left its rates unchanged, yet all but closed the door on negative rates
BoE's acknowledgment of vaccines helps the pound
BoE’s Bailey remains sceptical on negative rates
AstraZeneca vaccine approval helps improve outlook for 2021 recovery
Business optimism for the 12-month outlook remains upbeat
Bailey ready to buy bonds
EURGBPThe price will continue in a downward trend until it reaches the support area
Then it starts in an uptrend going towards the resistance area shown on the chart
From there, it begins in a downward direction again to the target at 0.8353
I apologize to you because I speak a little English
EURGBP Sell SetupEURGBP Sell Setup
- look for turtle soup sell setup
- targeting the structure low at level 0.86700
- aim for potential total low if sharp impulsive price action given
EURGBP SHORTEURGBP has been on a steady downtrend from the bigger timeframes going down into the smaller timeframe it has created a break of structure to start an uptrend creating an impulsive move upward so now am looking to go short to catch the higher low before another push upward
EURGBP Sell SetupEURGBP Sell Setup
- look for sell in London session
- wait for higher pullback for better risk reward entry level
- targeting level at 0.86400 - 0.86200 and below
- try take profit if trade goes before EUR news event - CB President Lagarde Speaks
EURGBP short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
EURGBP Sell SetupEURGBP Sell Setup
- Reversing from Monthly OB
- 1st targeting level at 0.85800
- if impulsive move, next targeting towards level 0.84700
EURGBP Correction Candle...Waiting For ConfirmationLooking back at our previous analysis, we managed to TP at the support level @0.8475 price level. However, further BEARISH movement failed to happen. After which, we saw an impulse BULLISH candle. As of now, what we are hoping to see is a correction candle or even an impulse candle to the downside to signal to us a potential BEARISH continuation. Having said that, if we managed to see an impulse candle, we can be prepared to see a breakout at 0.8475 price level. If not, I am looking at consolidation phase. Do keep a lookout for confirmation candles.
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Short on PullbackLooking to enter shorts on:
-Ascending TL retest
-0.5 fib retracement
-Previous area of S&R
-MA50
EUR/GBP...SHORT SELL NOW
💹EUR/GBP ⏬SELL @ O.86791 ((Scalping Trade))
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
EURGBP, Daily tf, indecision candle below resistanceAs you can see, price now touching an important resistance level.
The last candle on Friday looks pretty much like an indecision candle.
I think we will see some retracement first before further upside on this pair.
Sell EURGBP 0.8680
Stop loss 0.8710
Take profit 0.8540 (4.6R)
Use only 1-2% risk
Good luck
EUR/GBP SHORT IDEAEUR/GBP re-tested a strong DAILY resistance-zone with two approaches to break through.
AS those two failed with fakeouts and a voldume-divergence, we can expect the consolidation to continue!
Additionally, GBP/USD is at a very strong primary support-zone!
EURGBP Sell SetupEURGBP Sell Setup
EURGBP is reversing to the upside at this moment
A small retracement during London session
- look for short term sell if pullback given
- targeting the previous low will do incase trend continue upward
