Eurgbpsell
EURGBP - Breaks the support ✅Hello traders!
⁉️This is my analysis on EURGBP .
As I said in my previous analysis, here price first rejected from support and then filled the imbalance above. After that price rejected from bearish orderblock and I expect price to break the support and re-test it for a short position.
Like, comment and subscribe to be in touch with my content!
EURGBP-SELL strategyOverall I believe we should see 0.8530 again as the rise has been like three climbing mountain tops, and it created a kind of strong rising wedge so the speak.
This will not bode well short-term and perhaps GBPUSD will move upwards sharply due to the larger fall of USDJPY affecting GBPJPY as a thought.
Strategy is SELL 0.8730-0.8780 and take profit 0.8578 for now.
Looking to SELL EURGBP Today !!Last week the EURGBP broke out of a weekly resistance area and closed thee week well above it , the pair has also been on an 8 week up leg which looks to be targeting the weekly SUPPLY/SELL zone that starts around 0.89 before we hit that i expect a small pull back down towards the resistance that was broken last week.
So today I will be looking to SELL this pair on the first 30 minute SELL signal my indicator gives and targeting the previous resistance and the newly created daily DEMAND/ZONE that was the origin of the move that broke the resistance at 0.8650 my stop will be just above 0.88.
EURGBP Short Trade SetupA bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
Rooting for you!
Your FX Plug
FX:EURGBP
EURGBP LONG TERM SHORT!!Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.
EURGBP Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press like button if you enjoy this content 😊
EURGBP- LONG SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
EURGBP trade idea (MON - 29/08) : SELLTo open up the week, I see the pair EURGBP selling. It has rejected the supply, with two impulsive moves. It will head towards the 4h demand zone.
I would wait for another clear move, however these moves have been significant enough to take upon the shorting move.
This is just an idea.
EURGBP trade idea (FRI - 19/08) : SELLEURGBP has now entered the supply zone.
The suggestion would be to waait it for setup and what where it next breaks to - I am expecting a short to the 30 minute demand.
If it breaks downwards, we could be entering a trade with RR of 3.
Enter at your own discretion.
EURGBP trade idea (FRI - 18/08) : SELLThis pair has been playing for the last few hours however it is now ready to sell.
It has not cleanly broke upwards, therefore after a number of rejections, it will look to end up selling, especially once the upper order block will stay respected. (Price may return, as there is a bit of imbalance left)
Eurgbp ready to bounce back to record resistence.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURGBP
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.