Get started

Eurgbpforecast

EURGBP H4 SHORT PRICE ACTION FORECAST With the Euro under seller pressure and this pair getting reject from strong resistance level from W1, we could expect a bearish momentum. Besides, price action has also broken an ascending trendline with a strong bearish candle, looking for a pullback towards the trendline for downtrend continuation a short entry can be taken. The order: Type: sell-limit S/L: 40 pips - R:R | 1:3 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURGBP H1 SHORT PRICE ACTION FORECAST -UPDATE-Although yesterday's analysis didn't play along, it remains active, and with the Euro still under sellers pressure, and price action not able to form a new high, the bearishness in the pair continues. Now, under a small timeframe from yesterday's entry at H1, a new short order could be taken. The order: Type: sell-stop S/L: 25 pips - R:R | 1:2.7 - T/P: aiming towards a support level. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURGBP H4 SHORT PRICE ACTION FORECASTPrice action has formed LH forming a descending trendline from D1 and H4. A strong bearish pin bar signaling rejection from buyers, allows the setup for a short play, expecting a pullback to the recently broken resistance level The order: Type: sell-limit S/L: 48 pips - R:R | 1:2 - T/P: aiming towards a support trendline. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURGBP H4 SHORT PRICE ACTION FORECAST With the EUR in a bearish tone across the board, the EURGBP price action has formed an H&S pattern, currently trading below the neckline, and the 200 MA a short entry is placed. Looking for a pullback before its downtrend continuation for the following order The order: Type: sell-limit S/L: 50 pips - R:R | 1:2.4 - T/P: aiming towards the support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURGBP M15 SHORT PRICE ACTION FORECAST -UPDATE-After a steadfast bearishness with the pair getting close to a previous T/P level from yesterday setup. The pair is currently forming a clear bearish flag, which allows the setup for an additional short entry, adding extra pips The order: Type: sell-stop S/L: 12 pips - R:R | 1:2 - T/P: aiming towards the support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURGBP H1 SHORT PRICE ACTION FORECAST With the GBP showing some bullish momentum across the board the EURGBP pair shows a strong bearish bias, a massive sell the last three hours, has diminished any uptrend bias previously presented, to ride the bears a sell stop trade is placed with the following levels The order: Type: sell-stop S/L: 44 pips - R:R | 1:2 - T/P: aiming towards the support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER