Eurgbpforecast
Analysis before the next move of #EURGBPAfter the powerful Double Top, we analyzed and which led to the strong declines, its good time to analyze again.
The decline in a daily graph (Weekly and monthly still uptrend).
You can see that the price stopped exactly on the moving average line which serves as strong support.
The Stochastic with the lines at the cross, at the lowest possible level with an upward direction.
Buy signal with a target to 0.8940
EURGBP downtrend continuationEURGBP in a zone where the price can stall for some time but we still keeping our downtrend bias. We have half of our positions still opened.
START OF THE WEEK (9 Sep - 13 Sep 2019) GUIDE | DOWNTREND!See chart for illustration
This is a follow up on the long term speculation published earlier (see link below)
EURGBP formed a bearish Shark | A good short opportunityThe priceline of Euro / British Pound forex trading pair has formed a bearish Shark pattern and entered in potential reversal zone.
I have used sell zone using Fibonacci sequence as required for shark pattern.
Soon I will post a buy back plan insha Allah.
Sell between: 0.92285 to 0.93955
Regards,
Atif Akbar (moon333)
FREE ANALYSIS ON EURGBPFREE ANALYSIS ON EURGBP
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4HR
Price about to test previous low
Nice bullish divergence
5min trend line broken up and retested.
Keep an eye out for the buy
Eurgbp Sell Now with trendline break+insidebarEurgbp Sell Now with trendline break+insidebar proper sl tp entry point in chart instant order
EURGBP approaching resistance, look out for potential reversal!
EURGBP is approaching its resistance at 0.90502 where it is could reverse down to its support at 0.90208.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
A possible buy on the EUR/GBPOANDA:EURGBP About to buy athe EUR/GBP PAIR at the 0.90720 area,ranging it up to 0.93150
EURGBPOANDA:EURGBP a possible break o9f the wedge is emminent and expected soon a pending sell can be placed under the line for potential breakout
EURGBP Market Structure AnalysisR/R: 2.5
if you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
EURGBPLOOKING FORWARD TO SEE A WEAKENING EURO DUE TO A STRONG POUND (GBP) 100PIPS
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EURGBP - Big Short EURGBP reached its August 2017 highs, Momentum on this market is weakening all across the bigger picture therefore i am seeing a trade to be setting up here, wait for the market to break the trend line to execute the orders.
Trade safe & Good luck everyone!
