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.
Eurgbpshort
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.
_____________________________________________________________________________________________________________________
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
EURGBP - SWING - 09. DECE. 2020Welcome to our weekly trade setup ( EURGBP )!
-
1 HOUR
Very bearish price and closure!
4 HOUR
Overall bullish waving market structure found its top!
DAILY
Expecting further downside towards main support level around 0.89470!
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FOREX SWING
SELL EURGBP
ENTRY LEVEL @ 0.90230
SL @ 0.90760
TP @ 0.89470
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURGBP push lower to 0.90000 handleHi,
I used to waste time, explaining my trades but then people would get them taken down as I self promoted (I've been put on the naughty stairs lmao)
So now, I just publish trades without explaining myself, so good luck trying to figure it out. ;-)
30 pips stop loss.
(This isn't financial advise)
Saif
EURGBP short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP: Retracement Movement Occurring... High Resistance Zone!!Looking at EURGBP, I will be expecting a BEARISH movement occurring soon from this area. Previously, we managed to see several rejections off the resistance zone (red area). Looking at 2 diff fib level, we can see that the first retracement will be to the 0.5 fib level while the other shows a potential 1.68 fib retracement. There is also an area of support at that level. Therefore, if BULLs continue i will see a minimal retracement till the level before further bullish movement. If BEARISH continues, it could be a good R:R 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!!
EURGBP short trade ideaPlan: 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
**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.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP - SWING - 01. DECE. 2020Welcome to our weekly trade setup ( EURGBP )!
-
1 HOUR
Bearish market pressure..
4 HOUR
Overall bearish waving market structure, good short entries!
DAILY
Pullback in a midterm downtrend.
-
FOREX SWING
SELL EURGBP
ENTRY LEVEL @ 0.89480
SL @ 0.89920
TP @ 0.88820
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN