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Eurgbpsetup

EUR/GBP Trade AnalysisHello guys! Hope you are well. I spend a few hours to get a better picture of possible movement coming this week. First of all, we are in selling pressure (correction) already 9 days and around 600 pips. Probably this or next week we will complete correction and probably we will have another impulse UP. We have to keep that in mind to avoid bad trades and mistakes. My current situation is 2 open SHORT trades with around 150 pips profit. I'm preparing myself for 3 possible movements in the coming few days: 1. (Red) Price reacted to 0,89 level and this is completely fine, I was expecting to see such a movement. This level is in the middle between two strong levels 0,90 and 0,88. I think we will see now a small correction and the price will continue to drop. 2. (Green) We can see a bigger correction from 0,89 level up to 0,90 for retest that level. That's why I moved my second position SL to BE, to avoid negative positions. My first position will stay the same, looks like if this movement will happen I will be in a safe area. After all, if the price will reach 0,90 level I will change my TP to 0,89 area to avoid a double bottom pattern. 3. (Yellow) This movement has less probability to happen, but if it will the price has to brake 0,90 strong level and I want to see how it will brake. So basically everything depends on momentum. If it happens I want to see how it will happen. There is a chance that buyers coming. Let's see what this week can give us! If you have any questions don't hesitate to contact me. ;) DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short
by bagdisb
EUR/GBP Waiting for confirmationHello all! Hope you are well. So what's next? In such a case like this, we have to wait for better confirmation and understanding where the chart can go. There is 2 options: The price will bounce now and after will comeback retest this level 0.90 The price will break this level 0.90, retest it and will fall up to 0.88 So be patient guys and wait for confirmation. Thanks! DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by bagdisb
EUR/GBP Waiting for signalsSo, guys, all 3 positions are closed in total 260 pips. What we can expect now? First of all, there is no point to SELL or BUY this pair at this moment. I will wait for some confirmation. If the price will reach my trend line, I will try to sell again for a short period of time. Why? Because we expecting that the price will go up. You can check my analysis before for the long term. At the moment is better to find the key point where we can BUY instead SELL. So all positions against the market, long term, is risky. I painted a few possible moves, how market can react to the levels. Let's wait for some confirmation and I will write my opinion on this pair. If you have any questions don't hesitate to hit the comment button ;) DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by bagdisb
Trading Pathways Analysis of EURGBP H4 Chart The outlined white arrow pathway is the predicted pathway that the EURGBP will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURGBP will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Long
by Trading-Swing-Pathways
1
EUR/GBP: Day-Swingtrade-Opportunity #SELLHey tradomaniacs, welcome to another free signal! Important: Wait for the market to show a fakeout above neckline. We want to see a complete retracement before we sell which often breaks through neckline to trigger SL`s. ----------------------------- Market Sell: 0,84645 Stop-Loss: 0,85190 Target 1: 0,84060 Target 2: 0,83800 Target 3: 0,83500 Stop-Loss: 54.5 pips Risk: 1% Risk-Reward: 2,5 Waiting for a fakeout above neck-zone and trendchannel before sell. ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1