Eurgbpshort
EURGBP Short Very simple strategy.
Retesting the resistance very clearly as seen above.
As we can see al the other levels are being tested almost perfect, and although I use the 200 EMA most of the time for 4h and swing trades, look at it''s position right now on the 1H
My SL: 0.90410 ( slightly above the wicks )
1st TP: around 0.89900
2nd TP: around 0.84300
Trade safe!
POTENTIAL FURTHER SELLING ON EURGBP Hi Guys,
My view on where EURGBP could be headed over the next week. I have also started a podcast on Psychology that'll help your trading a great deal. The link is in my bio, check it out.
Let me know if you have any questions.
Short Term Sell About 4000 PIPSWait for the levels!!
Short term sell
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EURGBP BearishEURGBP seems bearish at the moment,
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EURGBP Short Trade IdeaHey traders, here is the analysis for the EURGBP. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
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 .
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eurgbp elliott wave
He has also finished elliott's five wave and In the fifth wave, we have to wait for the break out or create (complete) (abcde) in other time frame
EURGBP ANALYSISEURGBP ANALYSIS
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EURGBP - Trapped YouThis pair trapped sellers as expected and is now making a strong bullish move to wipe stop losses. If we remain above the key structure marked we can target the prior highs, If we managed to piere through the key structure once again, we can look to target the bearish key level marked.
EURGBP SHORT a very simple concept a correction then go short
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1- The analysis above for educational purposes only, I take no responsibility for your losses.
2- Please adjust your own lot-sizing according to your appetite.
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EURGBP Short Trade IdeaIn this Trade Idea we have set up here on EURGBP we see a clear "M" pattern forming. However, because of the weekend and Holidays this is just a trade idea that is set up. When the market opens we could see some crazy Gaps either up or down.
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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