test number 4 Buy stop is triggered lets observe and see how price reaches to the important levels. inverse correlation GBPCHF overall managing risk is key and tops risking 1% per trade. #patience
Bullish, wait for that setup
EURGBP currently on a sub cycle 4th wave to rally to previous high to complete the 3rd wave of higher cycle.
EUR/GBP ANALYSIS 5/3/20 Daily Chart - Price is correcting after an impulse we are currently in a correction phase I do expect the price to push up around the 0.88250 - 0.88950 region before dropping down Do NOT long before taking confirmation. Stay Patient! Reminder: Drawing is only an idea of how price will move, it's NOT 100% perfection due to market...
Eurgbp - Daily chart - I see price bouncing from a daily demand zone so looking to take longs on retests of hourly demand zones.
Hello Traders Today looking at EURGBP we see too possible directions as always. We currently sit at a resistance level of 0.88000 Price can push up from here Price can retrace to 0.87 and then begin climbing from there So what seems more likely? Not sure. 0.87 has been a great support/resistance level on weekly, but as has 0.88. So I'll leave you, with...
🔸 4H CHART EXPLANATION: . 🔸 We have two potential scenarios to consider on this pair. . 🔸 The bullish one, in case price breaks the Resistance Zone, this could lead to a bullish move towards the next zone at 1.31500. . 🔸 And the bearish, in case price breaks the Ascending Trendline to the downside, this could lead to a bearish move towards the Support Zone at...
A Larger Bear Flag Forming for the downside after tyest the third Touch Confirmation. ThankYou
Price has found support at significant level and market structure looks clean and well defined. We have fib 0.618 zone plus daily rsi div so i am looking to long this pair. Good luck!
Eur/gbp pair might present a local long opportunity with a small stop, hence giving a good risk reward profile. Should the price action go the way it is shown by the arrows the first target is certain to be hit, so unload half of your position there. I will update the idea in case that happens, to assess the setup and decide wether to hold the position further...