Eurgbpbullish
Wait For The ReverseIt just broke resistance at 0.84780 yesterday and is now slowly moving up again. The previous uptrend (green line) is the new high, which I think it will be bouncing of and reverse in a day or two. MACD is forming a negative double wave, which often signals buying power is weak and it will continue negative.
EURGBP Might be Trying to say somethingOver the past couple of days we've had some mixed feelings about eurgbp but so far i think shes giving as much signals as possible , if indeed we are to break out , the day is today (I have to admit it though , that uptrend force is scary to think about while short at this pair , but oh dear trading wisely is the key.
long EURGBP @ 1h @ trading capability for this 52nd week `16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
short EURGBP @ 60 min @ trading capability for this 51st week`16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURGBP Cypher right at a daily support levelHye guys,
as usual i've outlined daily structure levels with a black line. Right there, in a lower timeframe, we have a potential cypher pattern completing right now. I would be very interested in this setup because you should also shoot for extended move.
Stops below X, target as usual in pattern formation.
If you want, comment below.
Otherwise, see you in the next chart!
EURGBP Respecting the trend line. Looking for buy setups EURGBP Respecting the trend line. Looking for buy setups
Double Bottom with engulfing kicker at daily resistanceHi guys,
here on EURBGP we started our analysis on the daily chart, in there you can see that we are heading downward for a few days without even the tiniest retracement. In RSI we are deep oversold and so we expect some kind of a bigger retracement coming. So we point out the daily resistance level that may provide some support.
Tha black line means this, we are now right at previous resistance and we put a double bottom with rsi divergence and with an engulfing kicker.
That's all i need to enter the market; i'll wait a little retracement then i'm entering long.
I'll let you know how it will evolve.
Best of luck traders!
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.
EURGBP BULLISH SIGNAL CALL.The price has pulled back into the reference area at 0.8302. Remains bullish above 0.8354 as long as the support at 0.8302 remains intact. Long with potential target at 0.8543
EURGBP: Potential Break-Out for a LONG We're up against some monthly resistance levels at 0.85430.
Agressive traders wait to break and close above for confirmation.
Conservative traders wait to double-bottom on the support level and then BUY.
Limit: 0.86130
STOPS:0.85020
Potential long This pair continues to make new higher highs in the upward channel.
Its recent fall may now provide an opportunity to go long, however, I will only do so if there is more confirmation from the candlesticks. I expect the price to reverse in the blue zone/ beneath the 38.2% retracement and the previous resistance level which should become support.
Based on this I will be targeting the 38.2% extension level/ the previous high, although I do expect the price to exceed this,
bullish EURGBP I expect a bullish EURGBP tomorrow @ london open, will keep an eye on this one.
If it goes lower then i think it will be a good moment to buy.
Two in One - Breakout of a Downtrend and an Inverted H&STarget is predicted at 0.80500 = 500 pips. Good Luck!
