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Eurgbpshort

EUR/GBP WILL MAKE A NEW LOW BEFORE BULLISHEUR/GBP will make new low from $0.83564 or $0.83639 and invalidation level is $0.83700. We are currently on the 4th wave and we will down for final 5th of (C) of ((Y)). DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #EUR/GBP #eurgbp
Short
by anantadhungana
1
EUR/GBP PUSH HIGH BEFRO DECLINEEUR/GBP will go up around $0.8436 to finish the 4th wave as a zigzag and after that, it will break the recent low. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #eurgbp #EURGBP
Short
by anantadhungana
EURGBP: Long Shot🏌️‍♂️This pair is difficult but if we open our eyes and understand what price has done, we can assume a reversal soon. Now that the low has been wiped and liquidity has been taken from there, the price may now want to target the right shoulder liquidity. This is a long shot but definitely one to keep your eye on for fantastic risk to reward. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Long
by AlkalineFX
11
EURGBP UPDATE - GOING DOWN FURTHER?See my previous idea on EURGBP, where we predicted the bounce up and huge drop almost perfectly, as we initially bounced off support and then retested with a strong break to the downside and continuation of the larger timeframe downtrend, testing the October lows. In the initial idea we mentioned continuing down to test the November lows next. I do believe this is still the case. Price has jumped off this support area twice now on the 2H charts, showing buyers are jumping in and confirming this as an area of demand. This could lead to choppiness in this area, but the overall trend is certainly bearish. I've also mentioned elsewhere the possibility of further COVID restrictions in England which seem inevitable and imminent - it's highly likely that Boris Johnson will announce new restrictions this week before the Christmas break ends. See my post tracking the GBP reactions to COVID restrictions to see that I am bullish GBP in the event of further restrictions, and while such an announcement may bring with it volatility I do believe it will drive EURGBP to those November lows and beyond. This is NOT financial advice. Do your own research and treat your capital responsibly. Like and comment, I'm happy to discuss further 👌
Short
by HayeTrading
2
EURGBP -Short/Medium Term forecast!The EURGBP has been in a mid term downtrend, "Is the trend going to continue?". Currently we are completing a WXY correction in the minor green degree which should see the pair push high from current level into our bluebox area. As long as we don't go beyond the bluebox(0.8800) then we should see a reversal which will take the pair even lower in the coming months/year. We should start looking for selling opportunities from 0.8730. If we see a correction in the bluebox then we are likely to see a double correction which will take the pair further up, but we still should remain bearish for the mid-term.
Short
by pkhumalo
EURGBP Butting Heads with SupportEURGBP currently bouncing around just above a strong previous support level on the 15Min, while still looking Strong Bearing on the 4H. Possible to see a short term bounce up, but longer term view we're looking to see a break below this support line to test the previous lows from October and then November. Price continues to follow a choppy downtrend with lower lows highs, with the exception of a brief December 8th rally that was quickly extinguished.
Short
by HayeTrading