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Eurgbplong

Wait for a Reversal Impulse to go long!Hi Traders, Looking at the HTF we are coming approaching the bottom boundary of a Bullish Continuation structure. Price is moving within a descending channel with a potential double bottom that could add confluence to this set up. I will be watching out for a strong Reversal Impulse with a LTF correction for a buy opportunity. Whats your view on this pair? Share a comment and click the like button if you agree! Follow your trading plan at all times. Good luck!
Long
by ktlfx
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out weekly highs liquidity + d1 imbalance and rejected it with bearish candlestick closure, on the LTF(lowertimeframe) we can clearly see that price is making a bearish market strucutre with lower lows and higher lows bulls lost the momentum and bears are getting it, we have also a lot of inefficient price action aka PRICE IMBALANCES and we should go lower to fill those areas. What do you think ? Comment below..
Short
by AnonimFXRO
2
EURGBP LONGEURGBP has retested the previous strong resistance level on the H4 and Daily time frame. We expecting the pair to retest key levels listed on the graph We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
EURGBP, the never ending storyWhen it seems to arrive to the point, it sh*ts oneself from fear. Seriously, we are always in full B2 of the annual and we are moving towards the quarterly B1, after which the cyclical trend will turn downwards and we will have to evaluate an optimal closing of the positions. For now we are in profit with both positions, I do not rule out a retest of the MML at 0.8380, but given the intense accumulation phase, the most logical move now would be to go and distribute the price above 0.8550, perhaps looking for the highs again. of the period to about 0.858. So, we are waiting for the next movements, but we are starting to set a deadline: 1st March '22
Long
by The_Cyclical_Trading
EURGBP potentially bullish | Feb 2, 2022Since 2021, EURGBP has been going up and down inside a descending channel. It has constantly created lower highs and lower lows, indicating bear is still in play. On Jan 31, 2022, it reached the bottom of trendline where a demand zone is waiting. Then it formed a strong bullish candle in daily and 8H time frame, indicating the price has rejected the support and grab the buy order in the demand zone. Potentially, it will go upward before continuing the bearish trend. We enter a long position on Jan 31, 2022 at 22:00 UTC. Buying price is at 0.83480, stop loss is at 50 pips, or just below the invalidation / latest swing low. Risk to Reward ratio is very good, 1:3.5.
Long
by ZTrader_Rob