EUR/GBP SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/GBP: Day-Swingtrade-Execution
Market-Sell-Order: 0.86640
Stop-Loss: 0.86990
Point of Risk-Reduction: 0.86370
Take-Profit: 0.85700
Stop-Loss: 33 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
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Irasor
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Eurgbpshort
EUR/GBP Multi-Time Frame analysis (Potential Trade)Hello traders , as you can see I deeply explain the way I see the markets. Make sure to see the entire video because I'm sharing a potential trade idea for the next hours. Let me know if you are more bullish or bearish.
I've got many fundamental reasons to continue shorting :EUR
Europe continues struggling to immunize its citizens
Eurozone bank lending doesn’t point towards an investment recovery yet
The gap between German and US bond yields widens
Vaccination problems in Europe to weigh on the euro
ECB's lack of commitment to longer-term support means fewer funds for the economy
The eurozone lags behind the US on three important metrics
Political risk in Europe is starting to percolate
New quarantine restrictions in Germany muddy the outlook for the recovery
Europe to face the same levels of the new covid strain as the UK
Rising fragilities among firms, households and sovereigns amid higher debt burdens
Germany struggles with the virus
The latest lockdown measures have dented the summer optimism
ECB to try to break the vicious deflation spiral
Also good reasons to BE LONG in GBP:
British economic data continue to improve
Bank of England see hopeful signs ahead for the UK
The UK’s amazing vaccination prowess strengthen the pound
Vaccine optimism and shelving of negative rates to drive sterling higher
BoE has left its rates unchanged, yet all but closed the door on negative rates
BoE's acknowledgment of vaccines helps the pound
BoE’s Bailey remains sceptical on negative rates
AstraZeneca vaccine approval helps improve outlook for 2021 recovery
Business optimism for the 12-month outlook remains upbeat
Bailey ready to buy bonds
EURGBP short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX
EURGBP Correction Candle...Waiting For ConfirmationLooking back at our previous analysis, we managed to TP at the support level @0.8475 price level. However, further BEARISH movement failed to happen. After which, we saw an impulse BULLISH candle. As of now, what we are hoping to see is a correction candle or even an impulse candle to the downside to signal to us a potential BEARISH continuation. Having said that, if we managed to see an impulse candle, we can be prepared to see a breakout at 0.8475 price level. If not, I am looking at consolidation phase. Do keep a lookout for confirmation candles.
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EUR/GBP...SHORT SELL NOW
💹EUR/GBP ⏬SELL @ O.86791 ((Scalping Trade))
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
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EURGBP, Daily tf, indecision candle below resistanceAs you can see, price now touching an important resistance level.
The last candle on Friday looks pretty much like an indecision candle.
I think we will see some retracement first before further upside on this pair.
Sell EURGBP 0.8680
Stop loss 0.8710
Take profit 0.8540 (4.6R)
Use only 1-2% risk
Good luck
EURGBP SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
EURGBP Sell SetupEURGBP Sell Setup
- sell setup at daily MT
- targeting towards level 0.84700 again for the weekly low
- a bit risky trade if GBP is currently total reversal then it will go further up to break the double top above
- but analysis bias should break level 0.84700 unless it drag for another week for another finishing of up move
EURGBP SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURGBP .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗