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Eurgbpsignal

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
by Lionheart-EWA
2
[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.
Long
by weekendanalyst
[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.
Long
by weekendanalyst