EURGBP on screen analysis... Counter trend going shortAfgelopen week hebben we een flinke spike gezien in de prijs en ik verwacht een retracement terug naar een bekend S/R level van 0.85800. De eerste tekenen van een Counter trend zijn al zichtbaar, vandaar dat ik mijn trade al geplaatst heb. Mijn risico is zeer beperkt, want mijn StopLoss zit net boven de top van de LowerHigh @ 0.87200.
Heb geduld en let op de grootte van je trade!
Eurgbptrend
EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.85340 where it could potentially react and bounce to its resistance at 1st resistance at 0.87409.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.87441 where it could potentially react and bounce to its resistance at 1st resistance at 0.85888.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP potential bounce!
EURGBP expected to reverse up to 1st support at 0.85888 where it could potentially react and bounce to its resistance at 1st resistance at 0.87441
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP at multi-year Support. Low-risk, Big reward Buy set-upPersistent Euro weakness has pushed EURGBP to it's yearly lows. However, price has rebounded from a very strong support zone as indicated in my chart.
So, traders can look for Long entries at 0.8290-0.8330 with SL below 0.8200.
Traders can take profit at 0.84, 0.8550,0.8780 and 0.93.
EURGBP SHORTI am currently in this trade but I still see some GBP weakness across the board. I think we will see a retracement back up-to the 78.6% fib level (purple box area) 0.85150 area. If we do see a retracement to this level wait for 4 hour candle closure forming a doji or spinning top as an extra confluence to take a short position.
Remember to take partial profits at 0% -20% and finally the -61.8%.
235 PIP gain 8/1 RR
LIKE AND FOLLOW :))))
Trading Pathways Analysis of EURGBP H4 Chart
The outlined white arrow pathway is the predicted pathway that the EURGBP will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURGBP will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways