EURGBP SELL - CONTINUATION FROM YESTERDAYEURGBP IS LOOKING GOOD FOR A SELL
GOOD RISK 2 REWARD ALSO
HOPE A FEW OF YOU GOT THAT DROP I SENT OUT
See previous analysis
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Eurgbpbuy
EURGBP TRADE IDEAEURGBP IS IN AN UPTREND AND CURRENTLY WE WANT TO SEE A PULLBACK AND A CONTINUATION OF THE UPTREND
EURGBP -- SELL NOW - COMING WEEK UPDATEEURGBP has retraced to Fibonacci retracement
level of 0.382 as previously surmised.
Also Stoch RSI is going into overbought territory.
Be ready to jump in for a sell if you are not in already
See previous analysis
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EURGBP - IMPORTANT POINT COMING THIS WEEKi am expecting this going down
what do you think?
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SEE PREVIOUS CHATS
EURGBP updatebreaking the line for EURGBP should bring the bears back in but i am expecting this to go back up
EURGBP - Long OpportunityPrice broke the downtrend line with a very strong push within the uptrend line of the daily chart. Now, it gave us a strong pin bar located between the 50/61,8% region of Fibonacci retraction. I`m going long.
Intraday Trade-EURGBP BuyWhy Buy-
1) Weekly Trend Is UP
2) Price taken support from Short Term Trendline
3) Price has taken multiple support from 200 days EMA
4) Weekly Candle is Bullish Engulfing
EURGBP analysis:Bulls have run out of time?EURGBP analysis as shown here is based on Elliott wave analysis.
The 4hr timeframe of the EURGBP as shown below from May 17, 2018 to market close (Friday, July 20, 2018) is corrective with a 3 wave price swing (zigzag Elliott wave structure) between the mentioned dates above. Price levels to watch include the 38.2%, 50% and 61.8% retracements of the upswing.
These are ~0.88386, 0.88036 and 0.87686 respectively.
The minimum expectation for a bearish swing in EURGBP is the 38.2% level as indicated on the chart by the downward blue arrow, while the horizontal blue lines are used to mark the 50% and 61.8% where support is anticipated for the EURGBP.
EURGBP - Buying the PullbackAll information on Chart
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EURGBP Buy TradeConfusion Confusion Confusion: This Pair Is Sending Mixed Reactions At The Moment But If We Close Around/Above 8787 Levels (On The 2h TF) Then It Would Be A Perfect Buy. A nice SL will be around 8769 Levels
sell order eurbp intradaywas formired down cycle elliota
i think open sell order with stop loss 0.87800
Follow Me: Inverted Head & Shoulders on EUR/GBPAn inverted Head and Shoulders just completed on EUR/GBP as well as breaking the current down trend.
Looks like a good opportunity for a long.
>> EURGBP << March 12th >> Long „Swing“ Setup <<Hey Guys and Welcome,
EURGBP retraced over 60% of previous „Week“ price action, we are following „Mid“-term Trend with a good RR.
Price was bearish last week, and retraced around 50% of previous Wave X-A Movement will we see a push to the upside,
forming new highs and respecting HH and HL Structure.
Long: 0.88945
Sl: 0.88454 (50 Pips)
Tp: 0.89520 (60 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EURGBP Bounce BackEurGbp at the 1 hour time frame is nearing the lower range and also a support levvel. Chances are price will bounce back up from this level.
Wait for the next hourly candle, if its green its a bounce back and high chance of next 2-3 candles also being green, so take a buy.
If its a red candle and breaking the support then its a nice sell entry. So on market open have a bit of patience and wait for the next candle.
EURGBP Bullish Reversal AheadEURGBP on the daily time frame shows that we soon might see a bullish reversal. Currently it still shows a double bottom which might turn into a triple bottom. You can either wait for another 20-25 pips before you start buying or buy now and use a bit bigger stop loss.
Entry: CMP
TP: 0,8880
SL: 0.8740
