EURGBP reached its August 2017 highs, Momentum on this market is weakening all across the bigger picture therefore i am seeing a trade to be setting up here, wait for the market to break the trend line to execute the orders. Trade safe & Good luck everyone!
dont miss this trade like, comment and follow
It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
The eurgbp above the important moving average lines (200,100,50). The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend. The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284 Target: 0.9284.
this analysis is showing both ways warnings! so with evolving and every new information and move that the market is making we can read the intentions but everything can change, so ill try to explain euro pound here. on daily tf is showing big divergence and is at the daily resistance and after the first motive 5 wave structure we can take all that (white...
EURGBP BUY TP_0.9099_1.64%_0.0147pips_SL_0.8878_0.82%_0.0073pips
EURGBP from the big picture looks very good for some selling opportunities. Price has pushed down to some extent as soon as it hit the key resistance level i have been watching over the past weeks
EURGBP is expected to drop to 1st support at 0.89116 where it could potentially react off and up to 1st resistance at 0.89615. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell Market Execution Take Profit: 0.88054 Stop Loss: 0.91000
I will be looking to sell this pair once 50MA and bullish trend is broken.
FREE ANALYSIS ON EURGBP Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :)
EURGBP is approaching its resistance at 0.90249 where it is could reverse down to its support at 0.90016. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell signal: The stochastic indicator at the highest level (warning of an optional trend change). The eurgbp is close to the resistance at 0.9040 (sell close to re Target: 0.8780
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Hi everyone, The eurgbp made a huge up trend since severals week but it is arriving at a critical point as you can see on the chart. A huge correction is waited by a lot of traders, definitively, i think it is not a good time to buy this EURGBP pair. What's is your thoughts about it ? Like my post if you appreciate it, feel free to comment and subscrire...