EURGBP Major Sideway Continue?G'day Guys.
Here our EG potential trade setup. Let me explain.
1. In bigger time-frames showing wide range of sideways market movement. As i always mentioned, Market is Human Behavior & Human Behavior is Markets
2. In hourly time-frames, am seeing that market reaching for demand zone. Market direction may change into bullish market movement.
I suggest to read about
* Human Behavior & Markets Movement
* Policy & Markets Movement.
"The Books NOT in the Markets yet. heheh"
I believe you guys will understand how exactly market move.
Eurgbplong
EUR/GBP Broke Down Trend Line So We Will Catch Those 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Is EURGBP turning around ?? week of 15 Mar, 2021This pair has had quite a decline for the past 6 months as evidenced by my daily chart below. IMO this is likely to change soon.
As the H1 chart above shows, we had a few days of consolidation (shaded box) and earlier today it broke out impulsively to the upside. Price has now returned to retest the breakout level (0.8579) and I do expect a continuation to the up side next week.
With a target at 0.8650 and stop below the box, we have a possible +2R trade.
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As always, please use sound money and risk management in all your trades.
EURGBP - Shifting Structure & Momentum Take II (🚀 Long)Hi Traders
The long trade I opened this morning got unfortunately stopped out - looks like a nice stop hunt which took out a good few buyers I guess (stop slightly below the bottom).
I give it another go. RR 1:3 - Mind: I am already -1R on this one, so if it hits TP I make 2R overall.
Stop goes breakeven as soon as price hits 1R profit.
Good luck guys 💪
EURGBP - Shifting Structure & Momentum (🚀 Long)Hi Traders
I have spotted this really nice setup on EURGBP. Nice bottom formed and structure as well as momentum seems to shift.
Based on that I will open a long trade if price re-tests the resistance/support area market as a grey box.
RR 1:2
If price hits 1R profit I will move my stop loss to breakeven.
Let me know what you think :) Good luck.
EUR/GBP BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/GBP: Daytrade-Preparation
Market-Buy: 0,85700
Stop-Loss: 0,85400
Point of Risk-Reduction: 0,86000
Take-Profit: 0,86660
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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