I am waiting for price to close below the support line before I short to the greyed area where price has been rejected before Once price has then continued to move I will place another short to the next support line We will need to wait for the pullback upon breakout before placing the trade
ENG - Price has just reached our .9060 zone, if we see a break we will be looking for short positions around the FIB levels, please be aware that you should wait for a confirmation before entering any shorts. PT - Preço está de momento na nossa primeira zona de possível reversal (.9060), em caso de quebra iremos procurar por novas entradas nos nossos nível...
After dismal data from Britain, EUR/GBP was off to the flyers yesterday. It could be interpreted as a wave pattern and is now forming wave 4. Further, it is close to a congestion zone which could act as strong support. Hence, we expect the pair to be bullish in the near-term.
Break and retest of the current trendline in play.. Looking to short should the proper reversal signs come into play.
** The GBP has been strong for some days. Looking at technicals, we see that price has rejected a Daily Supply zone and starting to bounce off it. ** Remember that supply and Demand will always win so i expect price to rally down to our next Daily Demand zone withh TP around 0.87260 before deciding on what to do next. ** Please Like and Leave a comment if you...
We can see from the chart that this pair has fallen from this zone a few times in the past, i am currently selling but waiting for price to break this key level before adding another sell I believe it will come up and test resistance again before dropping
After Pullback can expect downside move continue. ThankYoU
Stop Loss: 0.9035 Entry Point: 0.8983 Target Profit : 0.8885 Do not hesitate any question for clarification. Good Luck!
Hello traders, here is the trade plan for EURGBP. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Sell limit 0.90690 SL at 0.90936 TP1 at 0.90450 TP2 at 0.90200 Note! Cancel/pending plan few minutes before news! Disclaimer The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
Wait for price to breakout then we are jumping in for the sell to the target area
Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation! Market-Sell: 0,90230 Stop-Loss: 0,90850 Target 1: 0,89650 Target 2: 0,89145 Target 3: 0,88590 Stop-Loss: 62 pips Risk: 1% Risk-Reward: 2,75 LEAVE A LIKE AND A COMMENT - I appreciate every...
Price has formed a H&S pattern, We are waiting for price to retest the broken support/neckline to look for sell entries.