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Eurgbpshort

EURGBP short trade ideaPlan: wait for the price retracement --> SELL (do your own research!) **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 the comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
4
DO NOT MISS THIS OPPERTUNITY - EURGBPFrom first glace at this chart you can see we are in a descending market. Using the basic Support & Resistance Levels, you can see we are testing a strong level of resistance. In addition to this you can see price wasn't able to break the downtrend and therefore, I do not see any indication of a reversal. The Stochastic Indicator is also sitting at 55, showing the market has been Bullish and we should see a sell off. Lastly, I have not yet seen a cross over of the 50 & 100 day moving average. If you have been a member of our team for a while, you will understand how important this cross over is! @newgenforex on all social media platforms! Please remember to LIKE, COMMENT and FOLLOW for more trade ideas!
Short
by Xpressforex
1
💥EURGBP - Sell now valid 💥A simple lesson on probability. Go and grab a coin and toss it a few times. Although you have a 50% win rate for heads, you will still get a consecutive run of tails right? In fact, with a 50% win rate, its probable you could see 4-5 consecutive tails. Unlikely, but still POSSIBLE - there could be a chance of seeing 7. That's why we now plan for this. HOW? We have a probability calculator that enables us to plan for these losing runs. How cool is that? Once you have planned for losing runs, you don't get worried. Simple. Anyway, another sell valid on EG as shown. Entry price was 0.88019 SL 0.88181 TP 0.87808 Winning and losing runs come and go. That's also why hopping on random trade ideas on here, isn't recommended at all if you are trying to find consistency. Your just gambling otherwise on random ideas. You might get luck - but you're just getting random rewards. Take care. D
Short
by pow_removetheguesswork