Eurgbpforecast
EURGBP SELL OPPORTUNITY Eurgbp is seen currently in a parallel channel and a rejection f the upper trendline should trigger a fall to the opposite trendline.
I am expecting a fall in price for Eurgbp with the invalidation level as seen on the chart
EURGBP SELL Bearish continuation
TUESDAY, 6 Oct 2020
#EURGBP SELL
ENTRY = NOW at 0.90700
SL = -40 PIPS
TP = +110 PIPS
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
EURGBP is setting up for a break to the downsideEurgbp uptrend channel is ending soon, final wave has been completed on eurgbp now its ready for a trend change
Watch price action in lower timeframes to add sell positions
EurGbp- New challenge of 0.93?The drop from 0.93 to 0.9 zone is clearly corrective in nature and after piercing through 0.9050 support, the pair reversed and looks like is resuming its up move.
EurGbp is facing a confluence of the trend line of the flag and horizontal resistance and a break here would accelerate gains for a new challenge of 0.93 recent top.
A dive back under 0.91 would put the pair in a range mood and give reason for a pause
EurGbp- I expect a new leg upEurGbp had a good run from 0.8860 to 0.9300 and after this a correction was normal.
This correction seems to be a simple ABCD pattern and I expect a new leg up from this pair
Dips above 0.9 should be bought and 0.9250 zone could be the target
EUR/GBP SELL SIGNALHey tradomaniacs,
welcome to new free trade-setup.
EUR/GBP: Daytrade-Execution
Sell-Limit: 0,91675
Stop-Loss: 0,92100
Target 1: 0,91230
Target 2: 0,90990
Target 3: 0,90700
Target for One-Target-Trader: 0,90990
Stop-Loss: 43 pips
Risk: 0,5% - 1%
Risk-Reward: 2,26
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Peace and good trades
Irasor
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This Week's Focus; EUR, GBP and their Crosses (USD & JPY)This coming week, these are the places where we will be keeping an eye out for any "sudden moves" :-)
GBPUSD
EURGBP
USDJPY
... and, of course, the Title Chart ...
EURJPY
... and, just as a general reference point... Here is where the USD (DXY) currently sits:
Short Position on EURGBP 4H Hello Traders!
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🚀SELL Execution according to the market.
------------------------👇🏻👇🏻Look the running swing trades below👇🏻👇🏻
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EIURGBP to continue the rally?We saw EURGBP rally all the way from 0.8860 to 0.9270.
Will it continue the rally? For now, we saw price retrace all the way down to 50% before starting to push higher and break above the mini S/R area it formed at 0.9120. As price currently sits above that level and under a descending trendline, we are awaiting a break of that trendline followed up by a Corrective Pattern before entering a long position on this.
As we also support GBP weakness, and are short on most GBPXXX, that confluences nicely on EURGBP as well.
EURGBP S/R Flip zone | Possible reversal we are above resistance and made clear bounce now it is ready to retest the zone if this turns to support than upper red region resistance will be down in short time and good potential for a trade to move hard
EUR / GBP | Are we going to see 0.9798 the all time high of 2008EUR/GBP | Bearish move after restest?
Are we going to see 0.9798 the all time high of 2008 on breakout of the 0.9500 ?
Well, EUR/GBP lost upside momentum after hitting 0.9289 and now its consolidating which means it remains above 0.90686 we might see another move to the upside.
Breakout of 0.9289 can resume upside move.
Based on what we have already, the next target is 0.89109 .
Thought we may retest the upside first which may show a false breakout.
Let's watch...
#JustTradeFxOnline
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EURGBP SHORT PRICE ACTION FORECAST In the realm of D1, the price action has shown rejection from a strong psychological resistance level, where it could signal the reversal in the price action and downward movement.
Currently forming an indecision candle bar, expecting the retest of the previously broken support level from the consolidation to downtrend continuation.
The order:
Type: sell-limit
S/L: 43 pips - R:R | 1:4 -
T/P: previous supply zone
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EurGbp- Prone to a correction?The rise in EurGbp is more due to Gbp weakness than Eur strength...
With GbpUsd finding a strong bottom at 1.2750 I expect a correction also for this pair.
I will look to sell rallies with a .09150 target
Short Position on EURGBP 4HHello Traders!
-------------------------------------------------------------
🚀SELL Execution according to the market.
------------------------👇🏻👇🏻Look the running swing trades below👇🏻👇🏻
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EURGBP INCOMING FALLOur eye has been on this pair since yesterday, as it rode on the long ascension to subwave 5 of Y, the ride to the downside has begun, as we see Euro getting weaker in the coming days, a daily confirmation is also underway (a bearish doji). TRADE WITH CAUTION
EURGBP INCOMING FALL UPDATEFollowing the invalidation of our previous idea on EURGBP, we updated the chart to see an extension of the wave X, one that had an extended sub wave 3, presently, we can see a triangle, a pattern of continuation to complete the wave 5, which is expected to stop at the Fibonacci extension 38.2%. TRADE WITH CAUTION
EURGBP, 4hr tf, buy on ichimoku + parabolic SAR confirmation Hello my friends,
Another setup for today is EURGBP pairs.
As usual, i only take trade after all my needed confirmations are met.
1st confirmation is price above the kumo cloud
2nd confirmation is kumo is green colored
3rd confirmation is parabolic SAR switched to below the price indicating buy pressure
I am gonna buy EURGBP after it retrace a bit for a better RR ratio
Buy EUGBP 0.9130
Stop loss 0.9070
Take profit 1 @0.9190
Take profit 2 @0.9250
RR ratio is 1 : 2
Use only 1-2% risk
Good luck
