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Eurgbpshort

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. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
1
EURGBP SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
8
EURGBP SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
13
EUR/GBP Near Very Important Res Area Let`s Take A Short Trade The Price Made A Lowe High And Lower Low And Respect Our 4H Trend Line Very Much And Now The Price After Touched The Trend Lind For 2 Times Very Near To Major Level Of Res 0.86000 And Also It`s The Same Point For Third Touch For Down Trend Line So We Will Waiting The Price To Can Take A Sell Trade To Make A New Lower High And Lower Low.. 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
Short
by FX_Elite_Club
2
EURGBP - BEARISH BIASEUR - BEARISH 1️⃣ Investors fear that rising COVID-19 cases across Europe and the ongoing restrictive measures and vaccine delays could further hurt economic recovery. 2️⃣ EU leaders insisted during its March summit on the need to urgently accelerate the vaccination campaigns and agreed to keep restrictions in place for the time being, including on non-essential travel. GBP - BULLISH 1️⃣ Boosted by hopes for an economic recovery after Prime Minister Boris Johnson announced on Monday a new mass testing programme, aiming to help health officials to track the pandemic as the country slowly reopens from a strict four-month lockdown. 2️⃣ The UK's rapid vaccine rollout continued, with more than 31 million people in the country having already received at least one dose of a coronavirus vaccine. PM Johnson is also expected to confirm that all retail, outdoor hospitality and hairdressers can reopen on April 12th in England. 3️⃣ UK PM Johnson confirms COVID restrictions will ease on 12th April 2021. ===== TECHNICAL ===== We're shorting this pair on SBR level + SMA50 area + fibonacci retracement 50-61.8% level on H1 chart.
Short
by MonsunAsia
SHORT POSITIONTECHNICAL FORECAST FOR EUR/GBP: BEARISH EUR/GBP DAILY PRICE CHART EUR/GBP ATTEMPTS TO SET FOOTING AFTER TUMULTUOUS SELL-OFF The normally sleepy pair of EUR/GBP has been abnormally active so far in early 2021 trade, driven by a growing divide between the UK and Europe around vaccine progress. The pair did finally start to probe some support a few weeks ago that’s since helped to hold the lows, and this plots around the 78.6% Fibonacci retracement of last year’s major move. But sellers have remained very persistent, and this opens up a couple of interesting possibilities given that support is still, as of this writing, in place. First, traders can approach the setup with breakout potential in mind, looking for a breach of Fibonacci support to lead into a possibly new bearish trend. Or, alternatively, a pullback to find resistance around a prior area of support could re-open the door for bearish trend strategies. This could be sought around the 61.8% Fibonacci retracement of that same major move that had helped to set support in early-February. This can keep the focus for the pair on the bearish side, looking for the British Pound to continue to outperform the Euro. We are looking at sell position for a target @ £(0.83011) with our stoploss above £(0.8838) Fibonacci Retracement If you find this helpful and want more FREE Updates on TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ 1_GFX English Support Team ❤️
Short
by AFFINITY_MARKETS
1
EURGBP - Fix It Felix Hello fellow traders; time for another analysis w/ SmoothPips 🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together! ❓ What's unique about SmoothFX? -All trades executed off of the same "strategy" -Easy to read charts -Multi Time Frame Analysis -Learn and Earn experience -Very high probability -Experienced 🎯Leave some feedback & let's chat. Always willing to hear other bias'. 📌Remember; markets are moved through liquidity. We will earn more by helping each other. 🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research. Sincerely, SmoothPips <3
Short
by SmoothhhPips