Eurgbpshort
EUR/GBP NEED TO PULLBACK THEN SELL
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EURGBP are we setting up for a reversal?Hi Traders,
EURGBP is setting up for a bullish reversal as price is moving within a LTF descending channel at the bottom of the HTF boundary. Wait for a Reversal Impulse and continuation before placing a buy order.
Follow your trading plan and entry criteria.
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EURGBP - 1M/1DAnother GBP pair that is looking really interesting where price seems like has broken a super strong monthly support, so if daily manage to stay and close below 0.8300 that works as point zero of this monthly support and bottom of the daily broken structure we might see a possible big drop of atleast 200 pips!
Wait for a Reversal Impulse to go long!Hi Traders,
Looking at the HTF we are coming approaching the bottom boundary of a Bullish Continuation structure. Price is moving within a descending channel with a potential double bottom that could add confluence to this set up. I will be watching out for a strong Reversal Impulse with a LTF correction for a buy opportunity.
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Follow your trading plan at all times.
Good luck!
EUR/GBP 4HR SELL SET UP DOUBLE TOPHi TRADERS this is my trade set up for the EUR/GBP
EUR/GBP Formed double top take sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out weekly highs liquidity + d1 imbalance and rejected it with bearish candlestick closure, on the LTF(lowertimeframe) we can clearly see that price is making a bearish market strucutre with lower lows and higher lows bulls lost the momentum and bears are getting it, we have also a lot of inefficient price action aka PRICE IMBALANCES and we should go lower to fill those areas.
What do you think ? Comment below..
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on EG as price takes out buy side liquidity aka retail resistance, the move was very inefficient i call this a bubble move and price should retrace lower to fill those imbalances 0.83688 and 0.83507.
There is also a possibility that price will take out weekly highs and fill d1 imbalance before moving to the downside and this is why i moved my stop way higher.
What do you think ? Comment below..
EURGBP-SELL strategyThe EURGBP had a strong up move, and we are nearing cloud resistance 0.8467. The current candle seems a Doji or evening star.
Judging the quick move, and the number of sessions it took, I feel selling may be a good idea now.
Strategy SELL 0.8450-0.8460 and place stop-loss near 0.8487. Profit order 0.8378 for now.