W10-26 EURGBP BEARISH IDEApotential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern).
Entry, SL, and TP levels are defined.
Eurgbpshort
EURGBP Short Term Sell IdeaH4 - Bearish divergence.
Lower lows.
Currently it looks like a pullback is happening.
Bearish hidden divergence.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
eurgbp long welcome
here is my eurgbp long idea
its based on
market lost levels dramaticly from 27th to 1st may, no retest of lost levels happened
on 1st may we created a higher high / low and it seems we magnatified by the weekly pivot (currently trading under)
in order to retest lost levels we will get in the area of broken weekly pivot of last week where alot of pa happened
market is bearish on higher tf like m, w, d
if the retest would not accour i will look because of bearish higher tf´s for good short trades to swing down
im thankful to see how this setup plays out
EURGBP (4 HR)EURGBP is looking very bearish & looks like we're going back down to the Daily support level. Now we wait for price to make a correction to the previous level of support with a proper candlestick confirmation.
EURGBP (Bearish)Price seems to be consolidating from a Daily perspective on EURGBP & seems to be heading towards the Daily support level.
EURGBP - Bearish Trend Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. I recommend taking a short trade with a risk/reward ratio of 1:1.
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
EURGBP - Short active ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: As I said in my previous analysis, I was looking for a short if price takes buy stop liquidity, fills the imbalance and rejects from bearish order block. All of these aspects were confirmed, so I opened a short position.
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W9.1-31 EURGBP BEARISH IDEA (HARMONICS BEARISH PATTERN)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of Harmonic Bearish reversal Patte coupled with bearish divergence at potential reversal zone (PZR)
Entry at LL on the basis of harmonic reversal pattern and support and resistance.
SL & TP Levels are defined
EURGBP - SHORT#EURGBP in This daily time frame setup
EURGBP will down to touch the support trend line and then go up if trend line is not break.
EURGBP THESISThis is how I’m viewing this pair, currently waiting for a breakout to the downside to take a short. What’s your thought on this pair?
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly SELL until the 0.8810 LEVEL. And after that EURGBP can be BUY to the 0.8958 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP SHORT - AWAITING CONFIRMATION!Waiting for the next lower high to confirm at 0.88585 to short EURGBP back down to 4h lows at 0.87392
If you agree drop a like and if you have any questions leave a comment :)
EURGBP - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to take buy stop liquidity and to fill the imbalance after that to reject from bearish order block.
Fundamental analysis: We have news events on GBP on Wednesday 19th of April, will be released CPI. Pay attention to the results in order to validate the analysis.
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Sell EUR/GBPPossible sales area. Price unbalances the Asian Session, mitigates the volumetric void (red zone) and goes short to take liquidity
EURGBP SELL SETUPI expect the market to test this trend line and then go lower.
ENTRY : 0.8835
TP : 0.8635
SL : 0.8935
*Trade at your own risk
EURGBP - Re-entry on sell for a RRR of 4.75:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
FX:EURGBP been moving quite tricky within our preferred structure. Seeing a great opportunity for re-entry and continue towards our plan.
Risking 2% for 9.5% (I open two 1% risk positions where each is RRR 4.75), I always take amount invested as partial and let rest run.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
EURGBP SHORThellow traders, i am currently looking at the eurgbp and i see short position on which i will not hold for long after executing but this weeks overall pair movement wil (rally) GO HIGH. please comment below on what you think on this pair.
Eur/GBpmy technical analyst is down trend on eurgbp, but fandamental news says, EUR is going well on economy, and UK is bad on budget , and houses rate, these are 2 different path . but i think EUR is lying, and both market will get more down, lets see.thank you for your time.
EURGBP - Sell idea for a RRR of 4.2:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
FX:EURGBP been moving quite nicely within SMC structure. Seeing also a great opportunity for sell from this area to continue its move.
Risking 1% for 4%, I always take amount invested as partial and let rest run.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
EURGBP SHORT - RETRACEMENT NEEDED!Waiting for price to breakout of consolidation and retrace into 0.88651 to short EURGBP back
to 4H swing lows at 0.87285
If you agree drop a like and if you have any questions leave a comment :)
EURGBP - SHORT - BEARISHStill on a bearish bias although my SL was hit in my previous order.
If the pair breaks below 0.879, a bearish breakout is likely, followed by a small correction and continued downward momentum to the next major support level.
Will be looking at short positions for this pair for the following reasons.
It has approaching a point of Major resistance in the ranging pattern looking back 3 months.
This is a long-term short swing for me looking forward at least 2-3 months.
Looking to catch a short trade of the rejection from the resistance zone .
I would need to zoom in to get a better entry point, once price rejects from the resistance zone .
Of course this is purely a technical approach.
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management
