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)
Eurgbpforecast
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!
#EURGBP, Time to change direction!So far we have been long on this coin, it's time to change direction.
We are a few dozen pips from a powerful double top pattern in the daily graph that will surely lead some declines.
The Stochastic is also in Overbought with cross lines.
The pound against the dollar is on serious support which could accelerate increase very soon.
Target: 0.9050
When a bull flag breaks to the downside, you know what's coming.It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
#EURGBP, The trend continues with a very weak poundThe eurgbp above the important moving average lines (200,100,50).
The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend.
The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284
Target: 0.9284.
EURGPB retest EURGPB as we have seen has made new high for the month as we come to an end. Price has failed to break the region of 0.91850 which is the daily resistance.Anticipating this pair to retest the area of break (target 1) which if you guys notice there is a perfect head and shoulder pattern on the h4 time frame. Target 1 to the downside needs to be fulfill.
