Eurgbpsignal
EURGBP : Potential Short Is ComingHi Guys.
I see now a potential Short position for this pair as it's now heading to Strong Key Level.
Could be retracement or reversal so watch out the PA after short order is triggered.
I can't see any targets for the short entry right now. After it's trigger than I can see the next move either a short retracement or complete reversal.
I would put the order on the exact RED horizontal line. It could be touch and drop as it shown in previous setup on EJ and EU. We will see..
Good luck for your trade. Don't forget your MM and R/R consideration when open the positions.
Happy Trading
EURGBPExpecting weaker euro and possible stronger pound. Wedge could be broken up, but it seems unlikely because upcoming referendums later this year. Price could found support from lower trendline and at 0.8300 support level.
EURGBPwe are looking for this pair to go short during London and USD session as buyers seem to be in the 0.83700 area
EG shortpic should be pretty much self explanatory....the h&S also coincides with the overall direction on the higher time frames.
short EURGBP @ 60 min @ trading capability for this 51st week`16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EUR/GBP, DAY CHART, SHORT (4-DEC-2016)Our previous analysis on shorting EUR/GBP was correct.
Now, we need to pay attention to this support zone.
If the price manage to break the support zone with strong strength, wait for pullback and short for it :)
EURGBP Short!! (wait for break)EG still wait for break grey-line.
if EG can't breakout, We still no order here.
Use Sell stop @H1 for jump in.
EURGBP poised for relief SHORTCompare with BASE POUND PAIRS...
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Neg.Divergence
Bull Exhaustion
Time to relive the pressure
Target marked
