Eurgbpidea
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!
eurgbpthis analysis is showing both ways warnings! so with evolving and every new information and move that the market is making we can read the intentions but everything can change, so ill try to explain euro pound here.
on daily tf is showing big divergence and is at the daily resistance and after the first motive 5 wave structure we can take all that (white correction) as a corrective running or expanding flat and naturally we r going down...
well not so fast...
here on the chart im seeing a three wave move down ( red counting ) which implies on correction and not on motive for change of direction. that strong move up may turn in to B structure of the correction, so as iv said, as shrodingers cat until we get more info we cant know whether trend is dead or not ;)
p.s. divergence is not always showing change of direction, some times its only a correction before continuing. as shown with yellow lines!
EURGBP ready to push down?EURGBP from the big picture looks very good for some selling opportunities. Price has pushed down to some extent as soon as it hit the key resistance level i have been watching over the past weeks
EURGBP = SELLFX_IDC:EURGBP
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Continuous Downtrend on D1
Retest of daily resistance of 0.382 fib level. Sellers took control, price has broke through minor H4 support, expecting further downside movement to H4 extended fib level 1.618 and our daily major support zone.
Sell at CMP - 0.85450
SL - 0.85750
TP - 0.83500
EURGBP KEY LEVEL The price is at key support level. If price breaks below the 0.8620, I'll be looking for short trade or if price gets rejected from that level - potential long trade.
EURGBP SELL BELOW 0.8620
SL 0.8690
TP 0.8400
www.trade-insider.com
EURGBP TRADE IDEAEURGBP IS IN AN UPTREND AND CURRENTLY WE WANT TO SEE A PULLBACK AND A CONTINUATION OF THE UPTREND
EURGBP GARTLEY BULLISH Bat formation potential high. We have to wait for entry to point D. Let's not open the transaction before the formation is complete. The goals are indicated on the chart.
EURGBP REPEAT PATTERN TO BUYThis pair has done a good enough trigger, and if this repeats with the same pattern then the trend will continue and the target will be achieved.
Wait for high volume raising and high upward price spreads such as more or less happened in the first pattern, so this would be a valid pattern to buy.
EURGBP, Huge Move Up AheadHi there,
EURGBP is ready for the next big move up according to the information I have right now. We finished the correction, now going for the next impulsive move up. My plan is to wait for a correction on the smaller time frame, then I'll strike for the buy. This move has a potential of couple hundred pips.
MisterRay
EURGBP Short. Daily, Elliott Analyse It looks like we are seeing an uptrend and a downtrend or a correctional wave in the EURO.
To determine precisely the targets, we have to wait until the wave A ends its move.
But the deal can be done at this point.
EURGBP Sell IdeiaHello Traders,
Price is at the top, we started to see a loss of momentum and a reversal pattern. Look for sell as much higher as you can.
Good Luck!
Cheers,
Jonas
ABC IN EURGBP - 4H CHARTHey Guys,
Red or Blue?
Watch for the last flag, we could brakeout and make the red move or reverse and complete the blue ABC structure before the big drop.
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Hola Chicos,
Rojo o Azul?
Al tanto con la última bandera, podría haber ruptura y hacer el movimiento rojo o hacer reversión y completar la estructura ABC azul.
Carlos
LONG EURGBPPRICE ON SUPPORT LEVEL AND ALSO RETESTING TRENDLINE, WE CAN SEE FORMATION OF ENGULFING CANDLE WE CAN GO LONG ON 50 PERCENT RETRACEMENT OF ENGULFING CANDLE, GOOD RISK REWARD RATIO ...
