EURGBP make Bearish Flag pattern Trade safe Take profit
only one thing i am worried that my second test has high volume.
Look left, Weekly resistance has broken for a downtrend. At the present H4 group wave has a rule symmetry at the wave (2). Thus, I predict EURGBP will down again from the wave (4) to (5) - Stoploss is above the wave (2) some bibs. - Should move the stop loss at symmetry rule waves
breaking the line for EURGBP should bring the bears back in but i am expecting this to go back up
Why Buy- 1) Weekly Trend Is UP 2) Price taken support from Short Term Trendline 3) Price has taken multiple support from 200 days EMA 4) Weekly Candle is Bullish Engulfing
Aggressive Entry @ 0.9030 with SL @ 0.9100 Moderate Entry @ 0.9050 with SL @ 0.9120 Conservative Entry @ 0.9100 with SL @ 0.9160 TP @ 0.8880 / 0.8720 / 0.8620 / 0.8500
EUR/GBP has reached a strong resistance and therefore fell down , now the parapolic SAR and MACD has suggested a further downfall so i would suggest you sell now
A pattern confirmed .. Tp1: 0.8869 Tp2: 0.8815 Sl: 0.8974
EURGBP analysis as shown here is based on Elliott wave analysis. The 4hr timeframe of the EURGBP as shown below from May 17, 2018 to market close (Friday, July 20, 2018) is corrective with a 3 wave price swing (zigzag Elliott wave structure) between the mentioned dates above. Price levels to watch include the 38.2%, 50% and 61.8% retracements of the upswing....
Complex Pattern is pointing towards a possible sell-off in a Minor Wave C (red), which could be quite big. If you like what you see and wish to communicate, please see more details in my signature.
hi again in our view 4 houres time frame broken let see how market goes any more info contact us
We finished this previous move, taking profit half way down this EURGBP short channel. No signs of breaking out of the channel yet
EURGBP is still falling! Here's a downward channel trade with potential 40 pips for the conservative, 110 pips for the brave if you take the 2 trades. Follow @Bizlus
EURGBP looking strong but 1H chart showing Bearish Divergence..taking my chance and shorting, first target SL40 PIPS , first target 40 PIPS, second 75 PIPS... i usually don't close my trades..i keep moving my SL down.. PS: small lot but honestly bearish divergence always works... Let's make some pips... Please hit "LIKE" to support.. Vinny
Fundamentals:- After a failed trade on this currency pair today we still believe the downside is imminent. Why? After a subdued super Thursday from the BOE and no change in either rate hike or votes by the MPC. Mark Carney later said in an interview with the BBC that it was likely rates would rise before the end of this year. With the outlook for Europe pushing...
was formired down cycle elliota i think open sell order with stop loss 0.87800