Eurgbptrend
EURGBP Respecting the trend line. Looking for buy setups EURGBP Respecting the trend line. Looking for buy setups
EUR/GBP, DAY CHART, SHORT (4-DEC-2016)Our previous analysis on shorting EUR/GBP was correct.
Now, we need to pay attention to this support zone.
If the price manage to break the support zone with strong strength, wait for pullback and short for it :)
EURGBP Trend breakoutExpecting possible trend breakout. Stronger pound and weaker euro will support this idea.
EUR/GBP, DAY CHART, SHORT (20-NOV-2016)We need to monitor this trade closely.
There are 2 potential setups:
1. The price pull back to the resistance zone near 0.87xx and wait for bearish signals to short
2. Zoom into H4 Chart and look for bearish signal to short.
Trade with right risk management as the current risk/reward is only 1.5. :)
EURGBP Short!! (wait for break)EG still wait for break grey-line.
if EG can't breakout, We still no order here.
Use Sell stop @H1 for jump in.
EURGBP : Ripe for Breakout, but Now or Later ?!Eurgbp is consolidating from last week and I expect the breakout to be wild one. I don't rule out the possibility of false breakout, bcos people will get excited, price moves up & euphoria settles down comes back hits our stops and market moves to other direction. In triangles always wisely place your stops ( figure out a better way to manage risk n reward ) , so that even after the false breakout you can enter other direction, which covers the pips lost in false breakout & gives you some profitable pips.
Happy TradinG !
EURGBP short setup & Impulse Elliot wavesIf there is any technical mistake on my charts please feel free to comment on that. Thanks
Shorting EURGBP : Simple Wave Counts & Corrective wave Begins !We can clearly see from the chart the corrective wave begins in EURGBP just after the completion of simple 12345 Elliott wave count. Moreover the price is channeling and on every retest of upper & lower trendline in bounces back to otherside and this channeling pattern also insync with our Elliot wave count in EURGBP.
So check from your side and ensure the risk before entering short trade in EURGBP.
Following EURGBP chart With care. Sell may happen soonHello Everybody,
I would sell this pair if a candle closes below the 26 EMA. However, closing a candle below the 26EMA is not just the point to decide whether the pair is to sell. So, I will update the movements accordingly. Keep an eye on EURGBP 4 hour chart.
Long EURGBP : Simple trendline Entry(i) Purely based on Trendlines & price action
(ii) This is aggressive setup, so non-risk takers don't trade
(iii) Enter after valid analysis only !
Happy Trading...
(EURGBP) - Daily - Speculation & Analysis 31-08-16Hello Traders !
We have a broken trend line on daily time frame and RSI divergence, we are also bullish fundamentally in GBP pairs.
This looks like a good opportunity to short this pair, you can either short now or wait for a pull-back or consolidation and short then.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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EURGBP SHORTI am predicting a short pull back coming soon to the .84900 (TP1) area possibly could move lower as a pull back before heading back up to breaking higher highs. If levels .87470 (.87500) hold and don't break then EG will be dropping long term.
**** NOT A SIGNAL JUST MY ANALYSIS *****
EURGBP Market Analysis and Trading Tips 17th August 2016Traders,
We have had a great amount of success over the past few, with focus on usd/jpy and the BOJ as see in the related ideas, long may this streak continue!
SUMMARY:
The EURGBP pair bounced slightly during the course of the day Tuesday, using the 0.8639 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8655 Support at the level of 0.8639. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
All the best with this pair and please do not over leverage, we can keep a tight sl on this.
GL
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EURGBP is about to break outEURGBP has lots of potential to continue upside movement on a daily chart. Good chance for a breakout.
My first idea.
#RoadtoMonaco - EUR/GBP August 1st 2016SUMMARY:
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8458 Support at the level of 0.8416. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
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EUR/GBP - 4Hr chart Short IdeaRisk Reward Ratio: 6.48
Stop loss @ 0.84250
1st take profit @ 0.82875
2nd take profit @ 0.82245
3rd take profit @ 0.81138
(EURGBP) Monthly and Daily - speculation & analysisMonthly and Daily -
We had a monthly descending triangle which has broken to the upside, we also had a pull-back and a correction in the daily time frame. At the same time we have a bullish flag in formation in the daily frame. Upside is preferred if we break the yellow trend line after another small pull back.
However if we go below the blue line, this would be considered as a fake break out and we going back to the descending triangle once again, which then we will probably test the bottom again.
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
MongersKit
Mongers Kit is complete traders toolbox, with all the data and news you need to have successfull trades. Mongers Kit is packed with features such as :
1) order flows in real time.
2) current open positions from 4 different brokers.
3) real time news update.
4) TV and Radio to your favourite channels (Bloomberg, CNN, ABC, etc).
5) Dynamic sessions - see all the rises and falls in each session.
and much more, get your kit now at www.mongerskit.com
If your my follower, you get 20% discount on your purchase of Mongers Kit.
Contact me for more details.
EURGBP 500+ Pip Opportunity - 25/7/16SUMMARY:
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8404 Support at the level of 0.8319. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Likes and comments appreciated guys, thank you for all your continued support!
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