EUR/GBP 4hr view after Day candle openedBUY EUR/GBP
ENTRY 1 .86250
ENTRY 2 .85980
Sl .85700
Tp.1 .86500
Tp.2 .86800
Tp.3 .87150
previous set up call
Eurgbpsetup
EUR/GBP long opportunityeur/gbp buy on candle open
entry 1 .86250
entry 2 .85980
sl .85650
tp.1 .86500
tp.2 .86800
tp.3 .87100
EURGBP SELL RALLYEURGBP SELL RALLY
D1 FRAME LONG Tp1 Tp2 Tp3
ZONE TO ZONE TRADE Last 2 green lines tp 2 tp 3 (if can breakout)
START OF THE WEEK (9 Sep - 13 Sep 2019) GUIDE | DOWNTREND!See chart for illustration
This is a follow up on the long term speculation published earlier (see link below)
When a bull flag breaks to the downside, you know what's coming.It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
Bullish Exhaustion on EUR/GBP? I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours.
Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
EURGBP possible SHORT trade I really like this setup. The price tends to respect quite the trend line. We are now reaching a good level of resistance and 61.8 weekly fibonnaci, however, that impulsive candle is leaving me with doubts. There is not much confirmation to go short in this trade. For now we will wait until we have a confirmation of trend reversal (rejection of that level for an example).
I'm updating this trade as we see movement.
EURGBP, Time To Sell?Hi there. Here's what I see. Let's see if it does goes down. Heh Heh...
KHALID HAMID, Traders Awards Malaysia Best Trading Guru 2018
POTENTIAL SHORT TRADE SETUP ON EURGBPHi Traders,
The 1-hour chart of EURGBP shows a broke out of a support level with a textbook five-wave impulse.
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Currently, the price seems to be making a three-wave zigzag corrective pattern which is most likely to terminate around 38.2 and 50.0 Fib ratio that lined up with the broken support turn resistance and moving averages.
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Given that the correction is almost complete at the confluence zone, we will wait for the break out of the CTL to confirm the sell setup and break of the red horizontal line for a more conservative entry.
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Best of luck on the chart!
Veejahbee.
EUR/GBP has a bearish rising wedge formation on 4h chartI see bearish rising wedge formation also rsi and macd histogram shows bearish divergences on 4h chart for EUR/GBP.
If inclined support is broken, we will have a chance to scalp EUR/GBP.
Profit Targets:
0.88775
0.88610
0.88400
Stop loss:
0.89500
Have a nice day,
Berk
EURGBP short trade opportunity.EURGBP reached previous high and did not break it creating a nice pin bar on weekly timeframe which indicates that the price could drop even further. Great entry was at the previous high level but in case you missed it then there is another opportunities to get short. A) if the price reached the daily resistance or B) if the price move back to the highs. Both ideas gives us minimum 3:1 reward or more.
EURJPY bullish speculationexpecting a bullish turn here, we might extend all the way to 127.8 before turning. any 4hr candle that breaks below 128 and closes there, invalidates this idea.
EURGBP bearish speculationExpecting a trend reversal either somewhere around here or after we break the minor resistance at around 0.895.
EURGBP SHORTEUGPB situated into ascending channel which will breakdown,i m sure about this becouse we have a classic bearish setup:
MACD touched neutral zone(0) and now going down,buy volume also going down which is another sign of bearish
RSI overbought and bearish cross CONFIRMED
RSI dropping,below 50 will be bearish
Targets for this short: 0.885 , 0.883, 0.881 and 0.880
ENJOY
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 / REBOUND?EURGBP / REBOUND?
No change from our point of view, the expected rally should be considered as a corrective structure (technical rebound), and then we expect a new bearish leg.
