EURGBP SELL RALLYEURGBP SELL RALLY
D1 FRAME LONG Tp1 Tp2 Tp3
ZONE TO ZONE TRADE Last 2 green lines tp 2 tp 3 (if can breakout)
Eurgbpsignal
Eurgbp Sell Now with trendline break+insidebarEurgbp Sell Now with trendline break+insidebar proper sl tp entry point in chart instant order
#EURGBP, Time to change direction!So far we have been long on this coin, it's time to change direction.
We are a few dozen pips from a powerful double top pattern in the daily graph that will surely lead some declines.
The Stochastic is also in Overbought with cross lines.
The pound against the dollar is on serious support which could accelerate increase very soon.
Target: 0.9050
When a bull flag breaks to the downside, you know what's coming.It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
#EURGBP, The trend continues with a very weak poundThe eurgbp above the important moving average lines (200,100,50).
The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend.
The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284
Target: 0.9284.
Just be patient EURGBPEURGBP having clear signs of potential bears although price is still following this rising channel, so he best thing we can do is simply wait out this pattern until a clear breakout is spotted, otherwise if we try to trade for price to leave this channel without it actually doing so, then price will continue to follow this channel and keep stopping out a lot of traders.
#EURGBP Analysis+SignalSell signal:
The stochastic indicator at the highest level (warning of an optional trend change).
The eurgbp is close to the resistance at 0.9040 (sell close to re
Target: 0.8780
EURGBP Sellers are watchingWe have 3 big resistance lines incoming,
-0.9 psychological level.
-important trendline on daily
-and as last the upper channel trendline
All 3 I showed by the arrows,
the worst scenario I sketched.
We also took out some shorts from breakout of previous high of the upper channel(see orange arrow)
Let's see, bulls are slightly stopping to buy above the 0.78 fibo level also.
EURGBP - SHORT - Ending Diagonal | Bearish Divergence | HarmonicEURGBP | Sell Orders | 500 pips Trade | June 2019
Market: FX Crosses | EURGBP
*Check the related ideas on this pair!
EURGBP has been labeled at the termination point of a larger degree corrective structure.
The next swing as the best interpretation would present itself as an abrupt and sustained bearish impulse.
Regardless if the Ending Diagonal would allow one more small leg upwards or not, the Reversal would most likely occur due to the present Bearish Divergence.
P.S. Hit the LIKE button so I can give you more.
Short-range signal #EURGBPA double top pattern that will cause declines
Stochastic range 80, high range indicating a possible market correction.
A market price correction signal at the market price, rather than a trend signal
Target 0.8920
EURGBP SHORTReposted! as this idea was hidden by one of the tradingview moderators due to violation of tradingview guidelines (using all 'Capitals' in description) by us which we deeply regret
Analysis team sold EURGBP at 0.89050 with the long term target 0.87200
EURGBP Sellers are about to take controlBears are putting their last line of defence at the resistance level at 0.8845.
If the resistance level holds, a decline will occur in the short-term.
Meanwhile, the EUR/GBP currency pair is trading in a narrow ascending channel and expects a breakout.
Good luck guys!
EURGBP - Day TradeEUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA.
Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short.
Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio.
The move is not yet confirmed, but I'm putting this out there.
Trade safe.
EURGBP Approaching Resistance: POTENTIAL SELLEURGBP is approaching horizontal resistance at 0.8675-0.8700. Besides, the 100D EMA at 0.8678 can also prove to be a strong hurdle.
So, traders can look for SELL at 0.8670-0.8710 with SL above 0.8740.
TPs can be set at 0.8500.
#EURGBP Interesting chart patternsAs can be seen in the graph above, two weeks ago the eurgbp broke the support at 0.8650 Then last week the eurgbp rose by 100 pips and it looked like the refraction of support was a false alarm, You can see that the green candle stopped in support that has now become a resistance and that's a very good sign that you can continue to sell with confidence
Sell EUR/GBP:
Entry Price: 0.8605
Stop Loss: 0.8660
Take Profit: 0.8410
EURGBP Sell 1. I found a Elliot Wave pattern creating the 4 to 5 wave.
2. The retracement is finishing, the price was rejected at 50% of Fibonacci.
3. Tweezers candles a 50% Fibonnaci In 4 hours and a inverted hammer in 1D.
4. We can expect a sell the next days.
[Signal] EURGBP: Bounce of Parallel SupportEURGBP
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Stochastic in Oversold momentum
- Widening gap of EMAs
- Price action at a Horizontal Support Trendline (Since April 2018)
- Price action for EURGBP has been trading within the Parallel Channel and it is currently at the Lower-End of the Channel
Suggested Trade:
Entry @ Area of Interest (0.8615 - 08685)
SL: 0.8547
TP: 0.8834
RR: Approx. 2.27 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
[Signal] EURGBP: Covering of EUR shorts a Big PossibilityEURGBP
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Waning bearish momentum
- Stochastic Oversold momentum
- Price action bounced off a Horizontal SupportTrendline
- Fundamentally, weakness in the GBP is explained in the GBPUSD post in Related Ideas and the impact of Brexit will be more extensive for GBP in comparison with EUR.
Suggested Trade:
Entry @ Area of Interest 0.8540 - 0.8650
SL: 0.8447
TP1: 7.8747
TP2: 0.8888
RR: Approx. 2.10 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
