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Eurgbpshort

EURGBP BearishEURGBP seems bearish at the moment, Disclaimer -Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Short
by taufik8888
1
EURGBP: Another Rejection To The Supply Zone...Recently, we managed to see price level rejected off the resistance level @0.9085 price level, also a rejection off the ichimoku cloud . I will be expecting price to move the 161.8% fib identified from the shooting star candle stick. That will be the 1st target for this trade. If we see a breakout from the ichi cloud we can determine that price will be heading for the supply zone . 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
2
EURGBP SHORTHello traders EURGBP is under a bit of selling pressure and I believe we might see it go down a bit more. If we break the 0.898 mark and go down, then the short is more likely. Wait for price return to return to around 0.9 to validate the short. After both requirements have been met, enter a sell. We might see price going as low as 0.88, however, the path of least resistance is to 0.89 first. Have your take profit targets at 0.89 and probably at 0.88 if price continues going down. Place your stop loss at 0.908. Like and share this idea if you find it useful. Comment and let me know what you think Have a nice day traders.
Short
by kzion189
EURGBP Yet To Break The Supply Zone!!! As we can see, I have identified a supply zone for EURGBP. (Red Zone) Looking at daily candle, we can see several candles managed to close within this supply zone with no signs of breakout yet. For now, I am expecting a rejection from this level bringing price level back to the demand zone or 50.0% -61.8% fib level. For that to happen, we have to look out for a breakout at an important support level @0.9085. This will be a confirmation for our trade. 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
4
EURGBP 0.90262 +0.02 % SHORT IDEA * BREAKOUT & PRICE ACTIONHey everyone Here's a look at the EURO / POUND one choppy chart perfect opportunity for aggressive traders and intra-day traders hope everyone is good and you're having yourself a good one, now the EURO / POUND has had some nice volatility coming from all fundamental aspects but the structure was the and the pair was trading in a ascending channel which saw a break and the retest of structure now looking for a continuation of this move, currently trading in a bear flag possibly signalling continuation with the bears,. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
EURGBP - Short - Multi timeframe AnalysisDaily move to support area is my aim to catch. Daily closed with a bearish engulfing and since then there are sellers entering the market. 4H - Head and Shoulder - Market is at a support zone which is why I am keeping an eye on this timeframe which could go against our Trade but... But looking at 1H we can see that market is on a bearish run and rejected the Resistance level, if it breaks the current support zone then we could look at a bearish move, otherwise closing the trade and wait for re-entry is what I would consider. Follow us for weekly Analysis and Setups
Short
by Capitalflowsam