EUR - BEARISH 1️⃣ Europe has been hit hard by the second wave of the coronavirus, becoming the second region after Latin America to surpass 250,000 deaths on Saturday. 2️⃣ German IFO Business Climate Index printed at 92.7 in October, lower than previous month 93.2 and missing market expectations 93.0. 3️⃣ Shrinking prospects of US stimulus at least before the...
EURGBP 4H,IF WE GET A PULLBACK TO RETEST 0.91165,WILL EXPECT PUSH PHASE GOING TO 0.89753 > 0.89713,IF WE GET BREAKOUT AROUND 0.90549 THEN WE GO TO 0.89745 > 0.89607 AS OUR BEARISH TARGET.
Hello Fellow Trader! Potent gravestone doji candle confirmed on Fridays 4-hour time frame close at major resistance 0.91000, signalling bearish momentum for EUR/GBP. EUR/GBP also crossing below trend line on 1-hour time frame confirming execution to target 0.90600. Key Points: - 4 Hour – Gravestone Doji @ 0.91000 - 1 Hour – Crossing trend line - RSI in...
price break previous trendline, but momentum is weak, price at sell zone 2:1
The same old set up is still valid TP1 At 50% and move SL to BE
EUR/GBP is about to break the channel it has been ranging in for 2 months. Our bias is that it will break it to the south side and will continue dropping till the 0.88600 area. Like and comment to support the idea, family!
"No-deal Brexit fears..." or not, this pair a serious SHORT!
Sales range: 0.91050 Targets: 0.90950- 0.90850- 0.90750 Stop loss The first goal: the profit to loss ratio is 1: 1 (0.91150) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 0.91050(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
Rightnow, EUR/GBP at 4/1 value of Gann fan. There are more chances of collapsing compare to the bullish side. Day traders can sell for the following target price: 0.9080 - 0.9060 - 0.9040 and below. Hurdle: 0.9132 According to this chart, if FX:EURGBP crossover the hurdle level, the buy position can be initiate here. The bullish targets are described...
In this analysis, we see that Sterling Pound is break down the descendt triangle, becuase as I mentioned on the passed weeks that we could to see a bearish movement on this par, because the thing in Europe could be relate as United Kingdom is advanced in their progress. So, in H1 timeframe I hope an entry in short position at 0.9054 Pound. My objective is to...
EUR - BEARISH 1️⃣ Dragged down by coronavirus worries and Brexit concerns. Investors fear that a worsening coronavirus situation across Europe could hamper the region's economic recovery. 2️⃣ German Economic Sentiment eased to 56.1 in October. GBP - BULLISH 1️⃣ Cable recorded fresh 5-week highs at the beginning of the week on the back of renewed optimism...
Like the title says: Sell it!
If Stop loss is hit go long for 3000 pips
we are in a strong consolidation area in the D time frame, in h1 we have a down trend with a consolidation area. we sell with a 25 pip SL, in case COVID cases rise and if things start to get worse we will probably see the break of the consolidation to the up side due to the risk asociated with the GBP and we will likely return to the .9250