Previously, we managed to get a nice short opportunity with a perfect TP level as shown in the chart. I will be seeing a high possibility lower head forming as we start to see the BULLISH movement slowing down, which could signals that there is no BULLISH continuation. Instead, this lower top could signal a strong BEARISH movement as it will look to break the...
EURGBP on the 4h chart couldnt make new highs. Market created the spike over the minor resistance structure and turn for the break of the flag formation. IF the market will break and close below the structure we can set a nice short order.
In H1 timeframe, Euro/ Sterling Pound is into this bearish rising wedge, that is amazing chartist pattern to pick down a good profit in this par!!! Also, in this organge arrow, I have a cautions with a possible and soon bearish movement soon, because we need to find a sell of Euro about the specualte news + technical analysis. Watching the H4 timeframe, for...
-Ascending TL breakout confirmed, expecting retest -0.618 fib retracement -Strong resistance area
It seems that the price will touch again the resistence, but due to it's a monthly resistence it will find a massive selling force that will push the price down to touch again the previous support.
Hey Traders, support the effort by liking and follow for more updates if you like it. I hope you had an incredible week last week and its a time for the preparation, for next week. I suggest you to put EURGBP on the watch list, let the price respect one of the fab retracement level entry according to your strategy rules , Look for the entry inside the...
Waiting for a breakdown at support line for a short selling next week
Waiting for support to be broken before shorting to the daily trendline
Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Very strong bullish pa towards our resistance level. 4 HOUR Probably the last push to the upside before heading down again. DAILY Overall bullish market turned bearish, good short entries now! - FOREX SWING SELL EURGBP ENTRY LEVEL @ 0.91520 SL @ 0.92730 TP @ 0.89660 Max Risk. 0.5% - 1%! (Remember to add...
EURGBP Breakout has just broken out the first support level. It might take a retest and then fall second support level.
Only trade after the fibo retracement hits the 62% point
BUY EUR/GBP ,BUY area N1 + N2 : (Blue) TP1 + TP2 : (green) , SL : ( RED )
EUR/GBP PUMP failed n rejecting 0.328 level •Move down to support 0.90253 region /0.618/ level •bull power so weakness if break 0.5 level you need entry short Try to entry short
EURGBP showing that it wants to run quickly to the green level below. This is a strong pair at the moment, so this is a counter-trend trade idea.
EUR/GBP | Bearish move after restest? Are we going to see 0.9798 the all time high of 2008 on breakout of the 0.9500 ? Well, EUR/GBP lost upside momentum after hitting 0.9289 and now its consolidating which means it remains above 0.90686 we might see another move to the upside. Breakout of 0.9289 can resume upside move. Based on what we have...
In the realm of D1, the price action has shown rejection from a strong psychological resistance level, where it could signal the reversal in the price action and downward movement. Currently forming an indecision candle bar, expecting the retest of the previously broken support level from the consolidation to downtrend continuation. The order: Type:...
On Daily timeframe, we see a possible entry in short position!!! Now, the Daily's candlestick was closed with a bearish hammer inverted an that could's be a bearish signal. Now, on H4 timeframe we could to form a distributtion zone to sell Euro in the blue zone, that represent a monthly zone. So, the only what I hope is a next bearish candlestick to entry in...