welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
Target 1: 0,91575
Target 2: 0,91925
Target 3: 0,92460
Target for One-Target-Trader: 0,91925
Stop-Loss: 63,5 pips
After the strong rally at the beginning of September, EurGbp corrected and consolidated for more than a month now.
The pair seems to have found strong support just above the important 0.9 zone and now looks ready for a new leg up.
Dips should be bought for this pair and bulls can expect 0.93 as a target.
A daily close under 0.9 would negate this outlook.
EURGBP has broken the channel to the upside and the market is looking quite bullish. It will be best to buy this pair in retracement. When the market goes and retests the 0.382 or 0.5 fibo watch on 4H for a long opportunity.
It has reached lower side of the support level and unable to break the level and forming a nice triangle pattern. And the negative brexit headlines
are supporting the long for EUR.We can expect the price will reach 0.91320 which is the trend line resistance zone. If the price broke to the downside then
we can expect massive downward rally.at the time of...
The formation of a probable Ending Diagonal pattern and the possibility of the advent of a very large uptrend is existed.
The first ascending wave from the 3rduptrend is completed in the range of 0.9291, and the price in a corrective movement of this trend at the end of the C wave from the ii point is completing the Ending Diagonal pattern. There is a scenario...
Hello Friends! I hope "EURGBP" will go Short 'Sell' and touch S1 then some correction. After her correction, it will touch S2 and S3.
Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation.
Hello traders and investors , I think the EUR/GBP is going to rise because we have a break of the first resistance and another break of the second resistance .
so if you have any suggestions leave it in the comments area , as well don't forget "like"
EurGbp had a good run from 0.8860 to 0.9300 and after this a correction was normal.
This correction seems to be a simple ABCD pattern and I expect a new leg up from this pair
Dips above 0.9 should be bought and 0.9250 zone could be the target
EUR - BEARISH
1️⃣ Concerns about a second wave of coronavirus infections in Europe sent investors rushing for safety.
2️⃣ German business morale came in weaker than expected in September, while France's industry morale beat forecasts.
3️⃣ The risk-off mood further fuels the US dollar's haven demand across the board.
GBP - BULLISH
1️⃣ UK Chancellor Rishi Sunak...