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Eurgbpshort

EURGBP Yet To Break The Supply Zone!!! As we can see, I have identified a supply zone for EURGBP. (Red Zone) Looking at daily candle, we can see several candles managed to close within this supply zone with no signs of breakout yet. For now, I am expecting a rejection from this level bringing price level back to the demand zone or 50.0% -61.8% fib level. For that to happen, we have to look out for a breakout at an important support level @0.9085. This will be a confirmation for our trade. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
4
EURGBP 0.90262 +0.02 % SHORT IDEA * BREAKOUT & PRICE ACTIONHey everyone Here's a look at the EURO / POUND one choppy chart perfect opportunity for aggressive traders and intra-day traders hope everyone is good and you're having yourself a good one, now the EURO / POUND has had some nice volatility coming from all fundamental aspects but the structure was the and the pair was trading in a ascending channel which saw a break and the retest of structure now looking for a continuation of this move, currently trading in a bear flag possibly signalling continuation with the bears,. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
EURGBP - Short - Multi timeframe AnalysisDaily move to support area is my aim to catch. Daily closed with a bearish engulfing and since then there are sellers entering the market. 4H - Head and Shoulder - Market is at a support zone which is why I am keeping an eye on this timeframe which could go against our Trade but... But looking at 1H we can see that market is on a bearish run and rejected the Resistance level, if it breaks the current support zone then we could look at a bearish move, otherwise closing the trade and wait for re-entry is what I would consider. Follow us for weekly Analysis and Setups
Short
by Capitalflowsam
EURGBP downtrend setupprice direction: DOWNTREND potential target price: 0.9053 **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. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
EURGBP - SWING - 09. DECE. 2020Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Very bearish price and closure! 4 HOUR Overall bullish waving market structure found its top! DAILY Expecting further downside towards main support level around 0.89470! - FOREX SWING SELL EURGBP ENTRY LEVEL @ 0.90230 SL @ 0.90760 TP @ 0.89470 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
17