Eurgbptrend
EURGBP, BIG SHORT ?Hi everyone,
The eurgbp made a huge up trend since severals week but it is arriving at a critical point as you can see on the chart.
A huge correction is waited by a lot of traders, definitively, i think it is not a good time to buy this EURGBP pair.
What's is your thoughts about it ?
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EURGBP Break the Rising wedge pattern EURGBP has to Break the Rising wedge pattern Successfully we little bit late to take them but no problem still there Good Risk to Reward Ratio.
In Major time frame, EURGBP is making Channel pattern which has properly test the resistance level looks like making a reversal and in the 4hrs time frame we have caught the Rising wedge pattern Break down.
Just Follow the swing low point for Step by step targets
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan
FREE ANALYSIS ON EURGBP - MASSIVE FALL COMINGFREE ANALYSIS ON #EURGBP
Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :)
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15 Min
Price just broke down my 100 WMA and 150 EMA. Price was rejected at the top trend line. MACD and Stoch RSI showing bearish divergence also.
1 HOUR
Buys still in the Market so be careful MACD & STOCh Rsi both showing bearish divergence. Price above all 3 MA's. Best to wait for break in black trend line
4 HOUR
We are in the sell region and price also forming a flag. Expecting drop soon. MACD again showing bearish divergence.
OVERALL
Bearish Outlook expecting the bearish momentum to continue
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FREE ANALYSIS ON EURGBP - BIG DROP COMINGFREE ANALYSIS ON EURGBP
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1 HOUR
This is more bearish. We could see some minor bearish move. Personally i am waiting for the bigger move down.
4 HOUR
Possible Ending diagonal forming. MACD and Stoch RSI both showing bearish divergence.
DAILY
Price Broke above all MA's. we are looking at a resistance level between 0.90100 and 0.90700. Watch out for break down. MACD & Stoch RSI both above the over bought level and turning down. Importantly Stoch RSI also showing a possible bearish hidden divergence.
OVERALL
Expecting a bullish move to unfold on this pair in the next week.
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Thanks for reading
See previous analysis
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EURGBP approaching support, potential for a bounce!
EURGBP is expected to drop to 1st support at 0.88747 where it could potentially react off and up to 1st resistance at 0.89861.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP approaching resistance, look out for potential reversal!EURGBP is approaching its resistance at 0.89817 where it is could reverse down to its support at 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Blinded by the B#LLSHITThis setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong way to trade so you still make no money... This is a very good advertising trick but very morally wrong! Lying to get money hmmmm sounds like the government. haha.
We teach our clients to keep it simple as you can see from our charts, with us you get no c#ap just to the point straight trading!
Can you guess why this trade setup is a good 1?
More detailed explanation will be saved for our clients.
Come have a chat with us to see how we can help you.
EURGBP - Day TradeEUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA.
Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short.
Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio.
The move is not yet confirmed, but I'm putting this out there.
Trade safe.