HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/GBP INTO THE LONDON SESSION
1. LOOKING FOR ASIAS BSL TO BE TAKEN TO TRIGGER THIS SET-UP.
2. Price is currently filling some volume imbalance from friday.
3. Looking at momentum to push higher take out the bsl to continue bearish.
4. Higher time frame bias is bearish for me so looking for...
I am expecting to see a continuation of the uptrend , to break the level of 0.89288 which was the previous high and a possible take profit at the price of 0.89415
I am interested in this 15 minute Order Block tucked away in the middle of a 1 hour Order Block. I would wait for confirmation if price reaches the level. Price might rally to clear the PDH and liquidity resting through it in a slanted angle. I don't believe price will drop much further below the Previous Day Low (PDL). If it does, it will be retracing a daily...
When it comes to the technical analysis of EURGBP , considering the current market structure, this currency pair is still in downtrend. On chart, we can clearly see the steep downtrend and price also managed to break the previous support area S1. That means price is likely to continue moving downwards. So the best approach would be to wait until the price tests...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors .
Trading suggestion :
📍 EURGBP
🔰SHORT
🔴Sell Now or Sell at : 0.86632
⛔️Stop Loss : 0.86913
🌀Take Profit 1 : 0.8599
🌀Take Profit 2 : 0.8566
🌀Take Profit 3 : 0.8534
#Ticker_trading...
A bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors .
Trading suggestion :
🔴EURGBP
Sell Now 0.8550
🧨Stop Loss = 0.8576
🎯Take Profit 1= 0.8513
🎯Take Profit 2= 0.8486
🎯Take Profit 3= 0.8442
⛔️ Trading and investment in the financial markets ...
G'day guys.
Here is Idea for EG. As expected this pair heading to wide range sideways. I am will position myself on Sell position with 40pips Stop Loss
Let's see what happen next..
Cheers
Currently, EUR/GBP is trading at 0.9057. The pair is consolidating in the resistance and support wedges. Previously, the pair was trading in an up trend in resistance and support wedges. There is a great possibility that the pair will rebound back from its support level. If the price breaks the support level at 0.9045, then it may start a new down trend, its first...
