EURGBP is below a strong weekly resistance and created a very weekly bearish candle. my view is sell. after it breaks the upward trendline on H4. or it might create H&S or Double top before it falls.
Stop towards 0.92 Target towards 0.88, 0.87, and 0.83
Price 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
Once this level is broken we are looking for a sell to the green area
Hi Guys, I have updated Entry and Take profit levels on this trade.
Nice 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.
Price 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...
Interesting setup for a short position., Bearish H&S pattern, a test of broken support now resistance and a 0.618 retracement in the same area.
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EUR/GBP closed below the key level on Friday, which for me is a bearish sign. I remain bearish on this pair until we are below the area on daily closing basis
EUR/GBP SHORT OPPORTUNITY (4 HOURS):
EUR/GBP is very bearish and I think we will stay in this scenario until key level is hit.
Hi, i am expecting USDCAD to go short for 200 pips as you can see i have made my analyses. thank you
22 pips sl 276 pips tp (1-3% risk management maximum) Please leave a follow and like if you useful and I will keep posting for you guys!
Nice trading opportunity for sell entry. 0.88140 Level should be hit as previous support now turned resistance before further up-price.
EURGBP BEARISH (RESTEST FIRST) Please leave a follow and like if you useful and I will keep posting for you guys!
With GBP strengthening across the board, this looks a banker SELL trade. With WS1 just below this will be a magnet for EUR/GBP BEARS. I'm LONG GBP/USD (already analysed and posted) and am looking to see a similar move in the opposite direction on this pair. WS1 will offer support but I'm targeting WS2 at .8640 so IO'm in at .8753 with a STOP at .8788 and a...
There is a big possibility that the price will retest to a 0.89 level which will give us another opportunity to sell this pair with a 5:1 risk ratio. Be patient and wait. DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.