Welcome to our weekly trade setup ( EURGBP )!
Bullish price action and rising market.
Bearish drop last week which changed our direction bias to short.
Good short entries after the daily pullback to the upside.
1ST ENTRY @ 0.88970 (Wait for trigger)
2ND ENTRY @ 0.89140
SL @ 0.89460
TP @ 0.88440
RR: 1.1 /...
ANALYSIS ON EURGBP
Welcome to my analysis
2 Hour Chart
Interesting Point of interest In the EURGBP pair.
- Price still below 200 day EMA.
- Expecting more downward momentum.
- MACD showing bullish divergence so watchout.
- Bottom for BUY
EUR/GBP Set for Bear Move after Brexit negotiation lock finally broke . EU gives green light for secret Brexit negotiations on PM's Boris Johnson's plan.
This saw GBP -The Pound Skyrocket to mars amidst a long awaited move anticipated by bullish Sterling Traders.
The momentum sees possible price moves towards the awaited 0.84
Massive movement to the downside with EURGBP after a big move like this I like to let the dust settle for a bit before jumping into a trade. is 0.86 holding as support? It seems like it for the time being. Remember patience is key with forex, there is always another opportunity to take a trade no reason to rush into anything when there is no clear direction.
i was waiting to pullback of last 4h candles to look for opportunity. and now i can see that after braking trend line and pullback again to it, it appears shooting star candle and week volume to continue upward. so its good sign for sell EUR here
EURGBP expected to rise up to 1st resistance at 0.87170 where it could potentially react off and drop down to 1st support at 0.86278.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Yes sell EURGBP till its reach 0.786 fibo level and from there onward price will retrace and will move up.
if you can see there head and shoulder patter was formed which is bearish movement it has a couple of times tested support but still price can be crossed the support hence if you see the 0.786 fibo level was main key area to retrace the price.
Para el par EUR/GBP
Tenemos una fuerte señal a la baja.
Tenkan sen cruza Kijun Sen, Chikou Span por debajo del kumo y barras de precio por debajo del kumo.
Pueden entrar apenas abran los mercados el domingo
No coloquen Take Profit, la salida de la operacion es cuando se vuelvan a cruzar el Tenkan y el Kijun (linea blanca y rosada)
A L O H A
Have been watching this for about a week now and momentum has finally picked up.
Currently in a tight bear flag heading downward. Impulse early morning while Hawaii traders were asleep, did not set an entry order but okay as the market always corrects. This is a nice potential entry I am eyeing out at the break of the structure
at the top for a...