Short Term Eurgbpsell setup eurgbp 0.8745
target 0.8600
stop 0.8800
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Eurgbptrend
EURGBP, Correction extends into complex modeLooks like we are getting a complex correction for EURGBP. (Smells like we just completed an X wave) Expecting a Y wave. Shall see what plays out thereafter.
Ultimately, we are looking for a move downwards after this complex correction finishes.
sell order eurbp intradaywas formired down cycle elliota
i think open sell order with stop loss 0.87800
EURGBP Short Trade PosibilityEURGBP : A perfect trade for trend continuation. Hoping for a bigger drop in the coming days. Trade carefully tho, have your SL's in place.
SL: 0:872 Levels TP: 0:8647 (Perfect Trade Lol) Levels
EURGBPIf you see in D1 chart we have Bullish pinbar on main support level.
very good opportunity to buy for more then 500+ pips.
Good Luck :)
EUR/GBP Bearish Channel BreakoutEUR/GBP Breakout's it's bearish channel short term bearish setup. Now there is a good Opportunity to go Long term buy until price @ 0.89200
Follow Me: Inverted Head & Shoulders on EUR/GBPAn inverted Head and Shoulders just completed on EUR/GBP as well as breaking the current down trend.
Looks like a good opportunity for a long.
EUR/GBP Buy Trend OpportunityCurrent market of the EUR/GBP breakout's it's support price @ 0.86691. Now there is a good opportunity to go buy until price @ 0.89205
EUR/GBP Bearish PredictionEUR/GBP is on downtrend. Now there is a much possibility for bearish movement until price @ 0.87845
EURGBP, Looking for a fakeout bullish break above 0.90 level Looking for another move higher in EURGBP to somewhere near 0.9085-0.91 which is the 0.618 level.
Thereafter the corrective move should terminate and we could see an impulsive move to the downside. Targeted levels are near 0.834
Possible EW wave count on EURGBPLooking for a dip on EURGBP to somewhere near 0.834 level before deciding on next course of action
If this is a start of a downtrend (Wave 3), it should break below 0.834, as wave 3 is usually the strongest and largest.
If this is a corrective ZZ, expect this correction to terminate near 0.834 as wave C. Length of Wave A = Wave C
EURGBP right on major resistance, potential drop!EURGBP is now testing major resistance at 0.8911 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) and a strong drop could occur from this level to push price down to 0.8747 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/GBP Short term Sell trend OpportunityFrom the below analysis we have clearly mentioned EUR/GBP follows a sell trend with downward rectangular formation. Now it's possible for a breakout from upward trend to down trend until price @ 0.87567
EURGBP Midterm Trading StrategyEURGBP Midterm Trade Strategy
We have entered a short trade and it is running as predicted.
As seen on the chart, following the short-term support, the trendline is broken as well.
The main support is 0.87400.
On the fundamentals side, GBP is much stronger than EUR.
Currently, the pair is trading at 0.87782. We may see some correction of 10-15 pips.
Those levels can be used as adding short orders with the target 0.87400.
If the price breaks below the 0.87400 support, we will add short orders targeting 0.86900 and 0.86700. We will follow the fractal peeks line and MM levels.
EUR/GBP Sell OpportunityIt seems EUR/GBP Will go down today, Also we have already provided EUR/GBP will be bearish until price reached @ 0.87421
EURGBP is reacting nicely off major resistance,bearish potentialEURGBP has reacted nicely off major resistance at 0.8911 (Fibonacci retracement, horizontal swing high resistance) and a strong reaction could continue from this level to push price down towards 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where it reacted nicely off. Huge downside potential for a further drop.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP testing major resistance, potential reversal!EURGBP is now testing major resistance at 0.8911 (38.2% Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push price down to at least 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is seeing major resistance at 95% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR GBP NEXT STEP SELLING ABOUT MY VIEW , I THINK THAT IS A CONTINUING PATTERN WAS FORMED ON DAILY CHART
ALL TP AND SL CLEARLY SHOWING
EURGBP right on major support, prepare for a bounce!EURGBP is now testing major support at 0.8766 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and a bullish bounce could occur at this level pushing price up to at least 0.8914 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (21,5,3) is seeing major support above 4.3% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP back to major support, potential upcoming bouncePrice is back to major support at 0.8842 (Fibonacci retracement, horizontal overlap support) and a strong bounce could potentially occur at this level to push price up to at least 0.8972 resistance (Fibonacci extension, channel resistance, horizontal swing high resistance). Our next major leve of support is at 0.8786 (Fibonacci retracement, swing low support).
Stochastic (34,5,3) is seeing major support above 4.3% where a potential corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP approaching channel resistance, keep an eye out on this!EURGBP is approaching major channel resistance at 0.8972 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, channel resistance) and a strong reaction could occur at this level to push price down to at least 0.8842 support (Fibonacci retracement, horizontal overlap support). Our next major level of resistance is at 0.9027 (major swing high resistance).
Stochastic (34,5,3) is seeing major resistance below 98% and a corresponding reaction could occur at this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
It has to break that resistance... Timing timingFX:EURGBP
Good uptrend, has to break that resistance.
