GBP-EUR
EUR/GBP looking for a long EUR/GBP is currently sitting on the neckline of a potential head and shoulders pattern but I think it will go the other way and bounce off the neckline to reach higher highs and higher lows. Very high risk/reward trade potential especially with fundamental news coming from the EU looking very positive and surely the British Pounds time has come especially with a no deal/bad deal Brexit looming.
EUR/GBP High Probability Short Trade with Risk and Reward 1:4.6Market Structure: Bearish (Failed to make higher high)
Momentum: Strong Bearish momentum
Chart pattern: Perfect Head and Shoulders
Candlesticks confirmations: Bearish engulfing and doji on H1 timeframe
RR: 1:4.65
EurGbphi gays
i think next target for eurgbp , before touch 0.618 fib ,
what you think about my idea ?
XAUUSD - GOLD 1h TIMEFRAME LONGS 110 pip guaranteed profit!XAUUSD gold 1h timeframe longs target into 1725.00 entry at 1740.00 stop loss at 1707
EURGBP: On Key Daily Structure! Trading Plan:
EURGBP has reached a key weekly/daily structure.
for now, the price is still trading in a local bullish trend and still respects the boundaries of a rising parallel channel on 4H.
to prove the significance of the underlined resistance we need a bearish breakout of the channel (4h candle close below).
only then we can look for short opportunities with stop above the higher high within the channel.
initial target is 0.891
in case of a bullish violation of the resistance on daily, this resistance will turn to support and setup will be invalid!
DXY 100.00 sentimentHere's a quick sell scenario against 100.00.
No change in my fundamental bias from earlier dxy ideas.
Happy trading. Don't forget to follow - I've been sharing ideas weekly.
The Social Traders | EURGBP - Long Hi Everyone welcome to our first post by The Social Traders, on this trade we're looking to trade the right shoulder of this 'inverse head and shoulders' pattern forming, within this region price action will be lining up with the 61.8% fibonacci level as well as having the 4hr 50EMA as support. Having had the heavy impulse up this morning we are simply looking to trade the pullback ready for another move higher. Let us know you thoughts.
EurgbpTraders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
EURGBP , Now it's time to enter the long trade,
EURGBP LONGCONFIRMATIONS TO GO LONG
1. D completion of Bat Pattern
2. Key Level
3. Retest of Broken Resistance
4. Test of Trendline
EURGBP - Short1.Breaks support
2. Making LL'S and LH
3. Down Trend
4. Wait for the test, rejection and go short
5. Keep it simple and easy.
XAUUSDShorted this at 1680. Took profit at 1665. If this reaches top if channel for third tap I am going full margin. Few better set ups than this on gold. Could be my trade of year
