EURGBP hit TAKE PROFIT, killed close to 300 pipsEURGBP hit take profit, +290 pips!
Link to the published ideas is below in the related and links tabs.
Enjoy!
EUR-GBP-SELL
*Update* EURGBP downtrend, indecision candlestick to blameIn EURGBP, we are still holding the sell position in 200+ pips. Currently, price broke a key area and now pulled back towards that key area and if we can get the daily closure below the key area, we'll still continue holding the sell. Trust the analysis and hold. Let's goooooo
Original analysis:
EURGBP forming an indecision candlestick on the daily chart at the two-year high, very very good confirmation for the sell long term. We'll enter sell positions if price holds it's own.
EURGBP SELL
Start: 0.92900
Stop loss: 0.93400
Take profit: 0.90000
EURGBP, SELL SETUP ANALYSISPrice has had a continuous move downwards, a high potential of hitting previous support, like if you agree!
EURGBP - SELL ROAD MAP! EURGBP SELL SET UP -
EG has been on a huge bullish move since May with no sign of slow down.
Now the market is reaching a v ery strong resistance zone that has in the past held up very well and pushed the market down.
Sell zone is 20 pips , so within that zone looking for possibles wicks entering that zone.
Followed by a rejection in that zone. If the candle continues further into that zone. We will be looking for a potential slow down of the candle.
Or the next bearish candle formation to indicate for the sell to begin.
TP 1 - 110 pips
TP 2 - 230 pips
TP 3 - 330 pips
TP 4 - 450 pips.
I don't normally have a TP4 in place. But due to rejection in the past, the market has found support there. To be safe i have placed TP4.
Long term trade - 560 pips
Blue support trend line is daily.
EUR/GBP loosing upside momentumIts looks like EUR/GBP is loosing its upside momentum and looks like C wave is getting Completed. It has High Probability for Long Term Shorts
EURGBP swing trade ideaEURGBP is looking great for a long-term short trade.
Simple break & retest of hugely significant psychological level @ 0.87000
EURGBP - Weekly analysisIt just broke the trendline last week.
I think now it's time to Sell. and TP at the support area.
EURGBP SELL SELL SELL !!on the monthly and weakly charts we can see a good resistance area with a nice candles patterns which is make me prefer to short once we break the daily trend, but now on the hourly we see a triangle and i think it will be broken from the down side to continue with the daily trend break
short at : 0.7962
SL:0.7987
T1:0.7924
T2:0.7836
