EurGbp | Trend reversal confirmedEurGbp trend reversal confirmed!
As we have published our trend reversal (on December 22 19') after a big downtrend in this currency we were absolutely true.
We also outlined how price will test our support. And it has happened. Price almost hit exactly to the pip our support (missed by 8 pips)!
We are expecting to reach our first two targets.
Previous comments from analyzing:
"After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here.
If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity).
If there will be any strength in our support, I will not step into this trade."
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Eurgbpbullish
EURGBP Potential 350-pips surgeThe common European currency will likely gain strength against the British Pound within the coming weeks.
The currency exchange rate edge higher by about 350 basis points during this period.
However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.
EUR/GBP: MONTHLY & WEEKLY TREND ANALYSIS.In the name of Allah, the Most Gracious, the Most Merciful.
EURGBP IN MONTHLY TIME FRAM MARKET HAS hit 2009 HIGH LEVEL MORE CHANCES TO FOLLOW DOWNTREND NOW.
IN WEEKLY TIME ZONE MARKET IS FOLLOWING CHANNEL PATTERN WHICH HAS BREAK DOWNSIDE, SO IN MONTHLY
AND WEEKLY TIME ZONE MARKET IS BEARISH.
IN DAILY TIME ZONE IT LOOKS LIKE MARKET WILL DO PULLBACK TO CHANNEL SUPPORT TO RETEST AS A RESISTANCE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking at Eurgbp now, I say this a lot but with gbp pairs you have to be very cautious as they are heavily influenced by fundamentals. EG rejected and pushed off 0.84 nicely, looking like we are slowing down. EG looks like it could be stuck in consolidation. Waiting to see how we react at current levels of resistance. I feel we could roll over to retest 0.84 once more.
EURGBP IS READY FOR SELL TRADE.In the name of Allah, the Most Gracious, the Most Merciful.
THIS IS RISKY TRADE SO TRADE ONLY IF YOU CAN TAKE RISK.
SELL EURGBP : 0.84100
1st Target : 0.80660
2nd Target : 0.77209
Stop loss: 0.86841
Risk: 271 pips, Reward: 691
USE 0.01 LOT ONLY.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
EURGBP 4H OutlookEURGBP 4H Outlook
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
Tradewithsam
EURGBP HAS 733 PIPS PROFIT POTENTIAL.In the name of Allah, the Most Gracious, the Most Merciful.
THIS IS PENDING ORDER NEED WAIT FOR ENTRY PRICE.
BUY EURGBP : 0.85867
1ST TARGET: FURTHER DETAILS ARE UPDATED IN VIP GROUP.
2ND TARGET: FURTHER DETAILS ARE UPDATED IN VIP GROUP.
3rd TARGET: 0.93190
STOP LOSS : FURTHER DETAILS ARE IN VIP GROUP
RISK 70 PIPS: REWARD 733 PIPS
THIS ONE IS RISKY TRADE USE 0.01 LOT PER TRADE
WE ARE DOING ANALYSIS ON EURGBP IN WEEKLY TIMEFRAME
WE HAVE FOUND A (FURTHER DETAILS ARE IN VIP GROUP) CONFIRMATION.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
EURGBP IS READY FOR BULL MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
EURGBP IS READY FOR BULL MOVE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
WE NEED TO WAIT FOR SOME BULLISH CONFIRMATION CANDLE.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.