EURGBP H1 chart a extansion higher than a possible rejection on the high liquidity zone
Trade Idea: Selling EURGBP Reasoning: At a previous resistance level - just needs to hold until 9:00pm!! Entry Level: 0.8581 Take Profit Level: 0.8494 Stop Loss: 0.8602 Risk/Reward: 4.41:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
Its been almost a year since the price has close above 0.86, and now the price is testing a very strong resistance zone around 0.855 - 0.86 if within this week price fail to close above 0.86 then more bearish moves will be expected for this pair!
The pair has approached a HTF resistance and Formed LTF ascending trend line. A downside momentum breakout of the trendline and the minor support shown should increase the probability for more down side action.
EURGBP is basically consolidating. There are no clear HHs or LLs. It will be logical to take a short trade at the resistance zone of 0.85250 - 0.85300. IF price shows signals like a false break or any weakness at that zone, THEN we can sell EURGBP. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello, today I present you a pair of EURGBP . This week and the next few days I will be taking short. It is a good place to get in. Good luck.
No change in view. The stochastic RSI is high and suggesting it will turn and this was the case since 0.8465-70 area. The strategy is still the same SELL current or already short, and place stop-loss above 0.8535 for now. We could add slightly @ 0.8495-0.8500. Profit target somewhere 0.8367 for now.
I will abort the BUY strategy @ 0.8470 and take small loss on it at current 0.8464. This is also my entry SELL. The stochastic is negative again, even we are at a low level, but think we may re-test 0.8400-0.8370. The parallel channel is a continuation pattern and this suggest we see lower first. For now as stated SELL @ 0.8464 and take profit @ 0.8370 or lower. ...
EURGBP might get rejected at the zone for a move to the down side
EURGBP has been trading in bullish parallel channel and is rising from confluence of multiple supports which favors bulls. The trend is bullish and mometum looks strong with limited downside.
#EURGBP Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Here is my view for EURGBP on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The euro is approaching a very important region on the longer-term charts as far as support is concerned. The 0.82 level being tested is a big deal, and if we were to break down below that level, the bottom will follow out of this pair. More likely than not, we will get a short-term bounce, but I would be a seller of that move because without a doubt the euro is...
Here is my view for EURGBP on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP hrly shrt shortstop @ .83444 TP #1 @ .83330 79.31 wr TP #2 @ .83175 48.28% wr SL @ swing high .83604 15.52% hr WR and HR determined from past trades on their pair, on this time frame. More trades like this on my profile and on bifrosttrades.com
📉 Expecting bullish price action on EG as price takes out weekly lows liquidity and closing bullish above. We had a strong bearish movement without correction and i expect the price to retrace in the upcoming days, a lot of bearish imbalances were formed around 0.84200 / 0.84700 price area. What do you think ? Comment below..