Eurgbpshort
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
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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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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,
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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
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.
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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 🤗
EURGBP Sell SetupEURGBP Sell Setup
- sell setup at daily MT
- targeting towards level 0.84700 again for the weekly low
- a bit risky trade if GBP is currently total reversal then it will go further up to break the double top above
- but analysis bias should break level 0.84700 unless it drag for another week for another finishing of up move
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 🤗
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
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.
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TECHNICAL
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We're shorting this pair on SBR level + SMA50 area + fibonacci retracement 50-61.8% level on H1 chart.