Eurgbpidea
EURGBP short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
EURGBP short trade ideashort-term target at 0.8844 reached on my last roadmap analysis (link attached below!), here's the plan if 0.8844 resistance level respected by price and seller manage to push the price to go down
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP ROADMAPcurrently, we are seeing price consolidating after touched the daily demand zone while on my previous analysis (link attached below!) our setup hit the final target for long trade, we might have a chance to go long again if buyer manages to push the price to the 0.8844 resistance level for a short-term target. wait for confirmed bottom formation before placing any buy order. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP SHORT ANALYSIS IDEA!!Good Evening Traders,
EURGBP is in a BEARISH Environment. However, there is a support area (GREEN ZONE) where i want it to break out of and comes back for a RE-TEST to ESTABLISH new formed RESISTANCE before going down towards SUPPORT ZONE.
I wouldn't hop in just yet because there is no MOMENTUM, so i will PATIENTLY WAIT for LONDON SESSION.
HOW TO ENTER
Wait for a BREAK and RE-TEST of the RESISTANCE before SELLING.
STOPS should be above PREVIOUS HIGHS and TAKE PROFIT should be around the GREEN ZONE (SUPPORT).
Trade During LONDON SESSION because there will be enough MOMENTUM to move PRICE
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EURGBP long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP long trade ideaPlan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBPHello,
I hope you are doing well!
At the moment we can see two major levels 0.874 and 0.864
What I'm expecting at these levels?
In my opinion, the price should bounce at 0.864 level (purple) and just after we will see what momentum and pattern it will give us.
At the moment I can just prepare for a few scenarios:
After bounce the price will from side move between 0.874 and 0.864 levels. (green)
After bounce the price will have impulse up.
At the current moment, only one thing left - be patient. ;)
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
EURGBP long trade ideaPlan : resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURGBP LONGHello!
How is your weekend? I hope everything is fine and you are safe!
So the market opened with a small gap and the price is moving up.
I'm looking for an opportunity to buy as you can see in the chart.
I will wait for some confirmation: 1. The price will break the trend line; 2. The price will bounce few more times to support level; 3. High momentum to UP
Let's see how it plays.
Risk ratio 7:1, really good opportunity.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
EURGBPHello!
Yesterday we had a beautiful structure and price momentum up.
I personally opened 2 positions, at the end of the day both were in profit.
Before the market close, I decided to close my second entry to avoid a negative position.
Why is that?
So the main reason at the moment is, that we have Coronavirus and half of the world is closed now.
All news about deaths, about the growing number of people who "catch" this virus, about political opinions can affect the markets.
Markets can open with gaps. To avoid that I made a decision to close my second position.
I'm still with my first position and I will go with this position LONG till the chart will give me another structure, pattern which will show me the opposite.
My main key when the market opens will be to see how the price, the chart will react.
I will focus on these 2 movements which I marked on the chart (orange and blue).
I'm not going to explain now them, but I will update you on Monday how I can see the market and what action I will take.
Have a nice weekend guys!
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.