eurgbpsetup

After forming a fakey bar on the daily time frame, this Forex pair took me out of my trade just to have another price rejection in which I did re-enter again a long trade. For four trading days, this pair has been going on sideways which was slightly tempting me to close the trade at Breakeven,.. not closing it was a good decision. Plus I also noticed the inside ...

Our preference: sales position below 0,8960 with targets at 0,8900 & 0,8865 in extension. Alternative scenario: in excess of 0.8960, aim for a continuation of the increase with 0.8995 & 0.9035 in line of sight. Comment: The RSI is misdirected.

Our preference: sales position below 0,8995 with targets at 0,8900 & 0,8865 in extension. Alternative scenario: in excess of 0.8995, aim for a continuation of the rise with 0.9035 & 0.9080 in line of sight. Comment: The RSI is misdirected.

Our preference: position bought above 0.8815 with targets at 0.8875 & 0.8900 in extension. Alternative scenario: in break of 0.8815, a continuation of the decrease will be envisageable with 0.8780 & 0.8760 in line of sight. Comment: The RSI is losing its bearish momentum.

Our preference: position bought above 0.8830 with targets at 0.8860 & 0.8880 in extension. Alternative scenario: in break of 0.8830, a continuation of the decrease will be envisageable with 0.8815 & 0.8800 in line of sight. Comment: A support base of 0.8830 was formed and allowed temporary stabilization

Suddenly found this nice long setup. Everything is looking almost perfect. Just a small retracement/pull-back needed. So, wait for the entry, don't rush. Patient will prevent you from getting hurt. My Facebook Page: https://web.facebook.com/thunderforex/

Our preference: sales position below 0.8815 with targets at 0.8715 & 0.8675 in extension. Alternative scenario: in excess of 0.8815, aim for a continuation of the increase with 0.8835 & 0.8870 in line of sight. Comment: The RSI is misdirected.

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.

EURGBP

EURGBP

The price will test 0.8830

Hi Guys. I see now a potential Short position for this pair as it's now heading to Strong Key Level. Could be retracement or reversal so watch out the PA after short order is triggered. I can't see any targets for the short entry right now. After it's trigger than I can see the next move either a short retracement or complete reversal. I would put the order ...

EG has been declining since the 10/2016 creation lower highs and lower lows this entices me to look for short oppertunities. weve been respecting this trendline everytime we approach we recently had 3 daily rejections at the 0.876 level price struggling to go beyond. i also notice a fib correction potential c leg resting at the 50/61.8 as long as price stays below ...

Clear rejection of 50 EMA. Set you SL just above 50 EMA (in case of a stop loss hunt) and TP around 200 EMA.

Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron

Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron

EG still wait for break grey-line. if EG can't breakout, We still no order here. Use Sell stop @H1 for jump in.

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