Eurgbpshort
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.
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Have a nice day traders.
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.
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GBP/AUD Possible bearish momentum to 1.74773 LevelWe could expect a possible pullback to Price 1.77818 , before a strong bearish pressure to at least 1.74773 level.
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...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
HAVE A GOOD ONE!
EURGBP M15 S&R ShortEURGBP is bearish on higher timeframes.
We have broken through minor support and retested major support.
Since overall momentum is bearish, I thought of this idea for a short into the previous low.
~1:2.5 RRR
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.
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EURGBP Sell setupwe have the head and shoulders pattern and we're waiting for a momentum candle close below to enter a sell trade
EURGBP Sell1D
Price below daily support
1H
Bearish pin bar retesting daily support(new resistance)
Signal = Sell
EURGBP - Trade TakenI placed this trade with the team, we are hoping to target the prior highs.
The large gap and the change in structure will lure more sellers into the market but I will be fighting sentiment and targeting the liquidity at the highs.
EURGBP - Liquidity GainedThe majority of retail will be looking at this pair and anticipating bullish trend conttinuation from the break and re-test of structure. I however will be looking for a sell position if we manage to cross-over structure as this would indicate to me that the push up was simply a liquidity grab.
EURGBP Analyse in H1 TimeframeThere is Two Possible Scenarios on the Table. and Depend on the Brexit Negotiations each one is Possible.
So Stay Sharp. I myself put a Sell Stop at the suggested region.
tell me your idea about this pair.
EURGBP downtrend setupprice direction: DOWNTREND
potential target price: 0.9053
**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 push lower to 0.89750 handleHi
Short bias move to a key fib level.
You lot seem to be loving my trades lol, message me on here to let me know how much money you lot made (Y) would be good to see
30 pips SL
60 pips TP - Nice 2:1 ratio. (Well slightly higher than 2, but who's counting ;-)
Have a good trade
Saif
EUR/GBP TO 0.89000Head and shoulder formation on the 4H. I am waiting for a retest of the liquidity zone for a entry to complete the H&S formation, before we see a roll over into 0.89000.
