This chart looks really good! Be patient and let the chart form a pattern. I will try to find an entry for a SHORT position. Actually everything you can see in the chart. Please make sure you will wait for a good signal. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market...
Hello again! So after a retest (marked black), I took one more trade, so now we are with 3 trades in profit! I'm pretty sure that all positions will take TP, if not I already move SL to breakeven to save my profit. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary...
Hello again! We can see clearly that price retested 0.92 level (marked blue) and i open another sell position with 5:1 risk ratio. Previous position break-even SL was moved to 70 pip profit, so if the price will go against us we will be in profit anyway. Let's see how it will develop. Have a great evening guys! ;) DISCLAIMER: Any opinions, news, research,...
Hello, Quick update. We already in 100 pips profit, the perfect time to move SL to break even and wait another confirmation to sell. You can see in the chart what move I'm waiting for. If it will repeat my analysis I will open another SELL position 5:1. Wait for confirmation! Be patient and remember the long term situation in the chart. DISCLAIMER: Any...
Hello, There is a good opportunity to SELL this pair. At least 3:1 risk management. Good trend line structure and how momentum reacts. If it brakes structure we will start looking for BUY opportunities. Don't forget it's a risky entry because in long term EUR should reach 1.10 price, the chart can go against you, follow the trend. But if you like me, you can...
Updating for last scenario. Still waiting last wave up and after go down. Can buy now, but to dangerous to trading in wave 5 . Better to wait for end of wave 5 and looking sell setup
EURGBP EURGBP is looking really interesting, I believe we could be seeing some big moves to the downside. I am watching this pair very closely. If we get some strong bearish pressure we could this this pair come down to retest 0.900 This pair is definitely at the top of our watchlist.
Create lower low continuously... May be sell. But must breakout current support zone for SHORT...
EURGBP could give us a good entry but we need to wait for it.
Price trading on the Top of the Structure and now i am expecting a Bear Flag Before a Drop in downside. ThankYou
The break of 0.93 resistance proved to be a false one, and the pair failed to maintain gains. After this incredible 1000 pips run-up, EurGbp is in need of correction and 0.9 could be the target. Looking to sell rallies.
Some clarification for last post about EURGBP
Please support this idea with LIKE if you find it useful. There is good downside potential
EURGBP EG has been stuck in a bit of consolidation, we look like we could be pushing to the upside right now. Sitting on my hands for the time being with this pair.
Good day, dear #investors and colleagues #traders! Your attention to the analysis of the currency pair #Eurgbp: The asset ended the week with an increase of 377 points or + 4.36%. The euro has been growing against the pound for the 4th consecutive week, following the results of this trend rising by 750 points or 9.03% since February 18. Current volatility is 389...
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.