EURGBP Short - Support - Resistence - Week 05 02EURGBP Short position on basis of Support - Resistence levels defined on 4h and Daily charts .
- SL is last resistence
- TP is immediate support and one after that.
Eurgbpshort
EURGBP Idea H1Here is my view for EURGBP on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Idea H1Here is my view for EURGBP on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
FOREX ANALYSIS : EURGBPFX:EURGBP
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
So far my outlook for Eur/Gbp is still going down.I would shift the current position of the SL at the break-even point. So far my outlook for Eur/Gbp is still going down.
I'm just trying to reduce the potential loss if there is an extreme movement that can change the direction of the market. It is better to secure funds by moving at the break-even point.
EURGBP SHORTLooking for SHORT opportunity.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
EURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSISEURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSIS
In this chart, im looking from 3 perspective.
1) Supply & Demand
2) Trend
3) Significant S&R Level.
SL - 20 PIP
TP : RR / 60
#TAYOR
My main indication is the H4 Double top has been consume at price 0.86764. Which make the movement is bearish .
From that point of view, the price respected the trend point of view. Then price doing engulfing movement which i circle in the picture.
So my point of view, it's relevant to take short at PRICE : 0.85986 as its the only price that near fresh base and significant resistance level .
#EURGBP
Break out the trendline. Bearish in handif you look at the movement of EUR/Gbp on the H4 time frame. then the price has broken the trendline and there is a big possibility that the bearish trend will continue to support. We are looking for a retrace area that occurs in the red area to enlarge the profit ratio.
EURGBP - day trade plan$EURGBP day trade plan
Be careful with FOMC
Arrow would be trigger IF it follows plan
Eurgbp----BREAKOUT----SELL!!!!!!A bearish breakout has been confirmed on the daily, swing traders can now jump on the highly probable downside continuation.
Targets on the chart.....
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EURGBP short ideaI'm interested on lower prices on this pair. Since last weeks rally was not sustained.
My 2 cents
EURGBP | SELL ON BREAKEURGBP has been trending for a while now. The price looks a little slowish at the top. It can be the distribution of the price. The barometer for the sell trade is the break of the horizontal support zone and a rising trendline.
Expect the price to move down if it breaks successfully.
EURGBP SHORT TRADE 15m TFEntry about equal highs, tp under equal lows, gave the stop a bit space to breath, didnt place it exactly about the high
EURGBP: Strong Supply After various liquidity sweeps within this range, we may finally be ready to see some selling pressure.
I will be observing price action within this supply to locate a potential sell.
If price fails to reject this zone then we have to let price travel up to the main supply at the high before we search for sells again.
MY EURGBP im going shortThis is my EURGBP breakdown. Im going short. Any feedback I would greatly appreciate it. And a follow
Eurgbp short tern + entry pointEURGBP SHORT TERM +ENTRY POINT
supplyanddemand
elliotwave
ABCD PATTERN
wychoff
All are involve
EUR/GBP Short 5RRI entered a trade last night with 2 RR looking at bearish price action and now we are at a VRP mountain peak with another confirmed bearish price action candle. TP will be at previous purge point and RR is now 5
EUR/GBP Potential Sell Opportunity - London SessionI am looking at a potential sell opportunity on EUR/GBP if I can see price come into this area and show a bearish confirmation signal.
I won't be going into the technical reasons for this trade idea.
EURGBP - TRADING AT CRITICAL LEVEL!If we can break above 0.85863 will look for longs back to highs at 0.87215 but if we hold firm under 0.85863 will look for shorts back down to 0.84819.
If you agree drop a like and if you have any questions leave a comment:)
EURGBP: Head & Shoulders Trap 🚨Don't trade the head and shoulders pattern the retail way, trade it the smart money way.
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If price is approaching the neckline to breakout, don't join with the retail sellers, wait for manipulation to join at the appropriate order block or imbalance.
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When price finally breaks out and trappers huge amounts of sellers, look to the left to identify an area of demand to buy from.
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If you locate the correct demand, you can buy into seller stop losses and profit both ways.
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This is a great example of manipulation 👁
I will be joining buyers at the next demand.
