E/G ANALYSIS 5/12/20 Price has broken out of triangle followed by breaking weekly resistance at 0.8800 without any sort of retracement, impulsively. Looking for a possible short position to the levels below as the GBP gain some strength this week MY LAST ANALYSIS REGARDING THIS PAIR :) Do NOT trade before taking confirmation. Stay Patient! Reminder: Drawing...
EUR/GBP Trading Plan SELL - Riks Reward 1:3
tras la caida que sufrio el EUR , debe retomar fuerza con el cambio de tendencia que hizo al alsa
EUR/GBP is ready to get profit . It broken uptrend and falling down.you can get start trade below 0.88469 . TP is 0.87010 , SL is 0.89245. Enjoy trade and get best profit.
This pair managed to break above its downtrend line, but unfortunately was unable to break above the price swing high. Upon hitting that resistance, price did manage to break above for a few bars, but eventually gave up and formed a bearish H&S pattern and headed south instead. After the neckline of the H&S broke down, which was a major bearish sign, the odds...
Maybe time to buy in EUR/GBP. And hold it for abit Look on 1 min chart
Sell the Euro till the bottom of support. Then brace for the next big move up.
EUR/GBP bounced off from the 0.88632 level (23.6% fibonacci level on 4h chart). Probably heading to resistance at 0.89118 might bounce off from that zone or could continue moving up till the next sell off zone on the daily chart at 0.895 to 0.902. The stoch will probably head further to the overbought zone. We are probably in the 5th elliot wave going up. Target:...