eurgbpsell

Strong Bearish Price action in eurgbp i will wait for a 50% retracement of the candle before placing my entry, see below for the daily chart analysis, hopefully at the retracement we will see another bearish pin bar in the daily chart for further confirmation, feel free to take ideas but trade with your own mind ;) Youtube Channel: ...

On the 4 hour time frame for EURGBP we can see a very nice Elliot Wave structure. Currently we are in the 4th wave of a bullish Elliot structure. Its most likely that this wave down will approach the lower range before bouncing back up into its final 5th wave. On Stoch we also have a nice bearish crossover and the ADX shows a bearish claw. Supporting a down move ...

it's near the mid line of the pitchfork and is going to complete an impulse 5 waves of elliot so we will have a correction there and as you know min for target of first move of correction is equal to 5 and ABC can correct 61.8 of all the impulse waves

Our preference: sales position below 0.8845 with targets at 0.8815 & 0.8800 in extension. Alternative Scenario: In excess of 0.8845, aim for a continuation of the increase with 0.8860 & 0.8880 in line of sight. Comment: the support sinking at 0.8845 triggered a bearish acceleration on the support at 0.8800.

Base on a short term basis, SELL EURGBP. Proper Money Management is required

EURGBP

Our preference: sales position below 0.8850 with targets at 0.8775 & 0.8745 in extension. Alternative Scenario: In excess of 0.8850, aim for a continuation of the rise with 0.8870 & 0.8900 in line of sight. Comment: The RSI is badly oriented

SELL EURGBP

EURGBP POTENTIAL SHORT OPPORTUNITY.

Retest of trend line at 0.8718 creating a new lower high then continuation of downtrend.

EURGBP found enough energy to break out of the triangle but it appears as if a 78.6% level may be putting a slight hold on the upward move. The anticipation is that the fib level will hold and that the move out of the triangle is a fakeout. Look for more downside order flow if price moves back into the triangle.

Sell EG at 0.8590 SL 0.8630. TP1 0.8390, TP2 0.8318

Doble techo, + debilidad en nivel validado.

EURGBP

EURGBP

This is My current view of this pair, the price is in consolidation, a ABC correction pattern ?EURGBP

Hey guys, the gap we were expecting was very big (especially with euro and yen pairs) but remember that gaps tend to be filled afterwards. So, if this alligns with my structure analysis i think the opportunity is good. The yellow box you see above represents a previous level of structure that acted as support and now could turn into resistance. As we go on lower ...

EURGBP is for sell for next weeks