EURGBP / BEARISHI am waiting for price to close below the support line before I short to the greyed area where price has been rejected before
Once price has then continued to move I will place another short to the next support line
We will need to wait for the pullback upon breakout before placing the trade
Eurgbpsignal
EURGBP SWING SHORT** The GBP has been strong for some days. Looking at technicals, we see that price has rejected a Daily Supply zone and starting to bounce off it.
** Remember that supply and Demand will always win so i expect price to rally down to our next Daily Demand zone withh TP around 0.87260 before deciding on what to do next.
** Please Like and Leave a comment if you found this helpful or have a contrary opinion, we are all students 😉
EUR/GBP Technical Analysis
The counter is currently in an ascending channel pattern.
It fell off recently from the high to lower parallel, where it found support.
Now, it is marching up with momentum indicators like MACD and stochastic on the verge rendering a bullish crossover.
Hence, we expect the pair to be bullish in the near-term.
EURGBP signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 0.918 - 0.928 - 0.938
after first target reached move ur stop to breakeven
stop: ~0.891 (depending of ur risk). ALWAYS follow ur RM .
risk/reward: 1 to 4
Good luck
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EURGBP ON RESISTANCE LINEHello Traders
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EURGBP IS CURRENTLY ON RESISTANCE LINE
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EURGBP Idea primera Idea para la primer semana de mayo. El análisis esta fundamentado en soporte y resistencia "operando zonas de consolidación", ademas se usa un FIBO para medir el posible retroceso y de esta manera tener una entrada muy limpia y segura. también nos apoyamos de medias móviles buscando que el precio vaya en busca de las medias móviles para tomar un impulso a la alza.