SELL EUR/GBP
Stop Loss: 0.9084
Entry Point: 0.9029
Target Profit :0.8872
Do not hesitate any question for clarification.
Good Luck!
Eurgbptrend
EURGBP Elliott Wave Theory & Trading AlertsBuy at 0.90380 - 0.90400 or above
Targets: 0.9600 - 0.9700
EUR/GBP : Watch Correction and Buy on BreakoutWatch this trend continuation pattern and Buy For Upside.
ThankYou
EUR-GBP above the support 0.90100, If sustanied Long PositionsEUR-GBP has broken the resistance of 0.90100
If it is able to sustain above this level, we will be buying on the pullback
A new series of uptrend will continue
Next target to watch will be: 0.91500
EURGBP - REJECTION.. SELLPrice has been rejected again at resistance and we are now looking for sells, I wont feel comfortable placing a trade until price breaks support.. Once done its a freefall
EURGBP Sell !!!! for great Profitswe are selling this pair on rejection at strong resistance
with low risk and higher rewards
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EURGBP SELL IDEA** JUST AN IDEA. NOT A SIGNAL **
It seems like there is a multi time frame forming where if the trades breaks out of 0.90150 then the trade will look to go long.
However from the weekly patterns and the current 4h graph we can assume that the bears will push down the trade significantly.
Three spots of take profit are set with a somewhat tight SL at the point of resistance where the line was previously tested.
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EURGBP will rise to level 0.90000EURGBP will reach the level of 0.90000.
Before this, correction to 0.89400 is possible.
UPDATED : EURGBP SELLING OPPORTUNITY Hi Guys,
I have updated Entry and Take profit levels on this trade.
EUR/GBP Wave Analysis
The counter has kicked off a short-term bear cycle and it is now at its wave 4.
Further, the wave 4 correction could be interpreted as an expanding triangle pattern.
It hit the top of the triangle and is now cooling off which we believe is a new bear cycle in the near-term.
And a head and shoulder pattern has formed as well and hence we expect the pair to be bearish in the near-term.
EURGBP sell on the pullback for 90+ pipsNice and easy setup this. After a decent downtrend we have seen some pullback followed by a nice bearish cande which suggest we should see more downside movement. I have gone short on this and marked the tp and sl for you as well.
Let me know your toughts as well.
Trade safe and good luck.
FURTHER SELLING POTENTIAL ON EURGBP 4HRPrice is currently showing minor bullish momentum in the form of a retracement. We may see price re-test our entry point before advancing lower to our target levels. Entry, Stop loss and take profit levels have been marked.
Should price move in our favour, you should be looking to scale out the majority of your position at TP1 , move the stop loss of your remaining position into profit and let it run. Or close completely at TP1
UPDATE: Seeing a H&S Happening for EURGBP!!Please refer to my previous post regarding EURGBP. Link below.
Alright so what we can see now is a very nice h&s pattern forming with price action heading for the BEARISH side. Initially, we are open to EURGBP reaching the resistance level @0.9082 price level. However, this bearish movement now give us a good look for a BEARISH movement with a lower rejection level. For now, I will be looking to see a huge dump to 0.8725 price level.
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EURGBPPlease Follow My profil to get the forex ideas>> @PublicSquareFX EURGBP
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Possible H&S Patterning Forming....SHORT TERM BULL now!!!!EURGBP have been recently testing the support level @0.8905 and rejected off that area nicely. So what I am seeing now for EURGBP is a short term buy opportunity forming a potential H&S pattern for a BEARISH movement. Having said that, this is just a possible movement I see for EURGBP and a continuous BULLISH trend is definitely possible, testing the resistance level @0.9085. Current price level is also at the middle band which could give us additional bullish potential if we see a rejection off that band heading for the upper band.
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!!!
EURGBP BUY SETUP Tuesday, 2nd June 2020
#EURGBP BUY
ENTRY = NOW 0.89000
SL = 0.88500 (-50 PIPS)
TP = 0.91100 (+210 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
