EURGBP has taken a pounding over the last few months, seeing bears take over the market. They are still in control, even though we are having some short term relief, looking for price to come up to the 71 % fib to see rejection to take shorts from here down to the -61.8%. 300 PIPS RR 6/1
EURGBP expected to rise up to 1st resistance at 0.89217 where it could potentially react off and drop down to 1st support at 0.86072. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Reasons to SELL 1/ complete 5 wave impulse movw which can be wave 3 or wave c 2/ A bearish divergence 3/ waiting for a breakout of the valid bullish trend 4/ A Shooting star candlestick pattern at a strong resistance expecting to trade the correction of the whole impulse wave to minimum of 38,2 or 50% Fibonacci level Therefore we are trading either wave...
Afgelopen week hebben we een flinke spike gezien in de prijs en ik verwacht een retracement terug naar een bekend S/R level van 0.85800. De eerste tekenen van een Counter trend zijn al zichtbaar, vandaar dat ik mijn trade al geplaatst heb. Mijn risico is zeer beperkt, want mijn StopLoss zit net boven de top van de LowerHigh @ 0.87200. Heb geduld en let op de...
EURGBP bounced off 0.86072 where it could potentially rise further to 0.89217. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
A little Color-coordination and price action analysis with choice of indicators should govern which bounce corresponds to which target. OR Which Support will give bounce to immediate Long-Term Resistance for Trend-Continuation. Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
As predicted, we're almost at Target! Link description: Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
EURGBP expected to reverse up to 1st support at 0.85340 where it could potentially react and bounce to its resistance at 1st resistance at 0.87409. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
price manage to breakout downtrend channel with trust bullish momentum and we still have room to go up to 0.880 potential resistance level, you can ride the trend by using 0.858 key support level. please use smaller timeframes for better entries,.. good luck! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is...
EURGBP expected to reverse up to 1st support at 0.87441 where it could potentially react and bounce to its resistance at 1st resistance at 0.85888. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP expected to reverse up to 1st support at 0.85888 where it could potentially react and bounce to its resistance at 1st resistance at 0.87441 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP expected to rise up to 1st resistance at 0.85959 where it could potentially react off and drop down to 1st support at 0.85303. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP is approaching its resistance at 0.85514 where it could reverse down to its support at 0.85027. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
eurgbp buy now for reversal H4 double bottom
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EURGBP reversed off its resistance at 0.84543 where it could potentially drop further to 0.84159. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURGBP expected to rise up to 1st resistance at 0.84559 where it could potentially react off and drop down to 1st support at 0.84159. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.