EURGBP has to Break the Rising wedge pattern Successfully we little bit late to take them but no problem still there Good Risk to Reward Ratio.
In Major time frame, EURGBP is making Channel pattern which has properly test the resistance level looks like making a reversal and in the 4hrs time frame we have caught the Rising wedge pattern Break down.
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FREE ANALYSIS ON #EURGBP
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15 Min
Price just broke down my 100 WMA and 150 EMA. Price was rejected at the top trend line. MACD and Stoch RSI showing bearish divergence also.
1 HOUR
Buys...
EURGBP reversed off its resistance at 0.89931 where it could potentially drop further to 0.88360.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed off its resistance at 0.89935 where it could potentially drop further to 0.88725.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed off its resistance at 0.89944 where it could potentially drop further to 0.88725.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FREE ANALYSIS ON EURGBP
Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :)
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1 HOUR
This is more bearish. We could see some minor bearish move. Personally i am waiting for the bigger move down.
4 HOUR
Possible Ending diagonal forming. MACD and Stoch RSI both showing bearish...
EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP is expected to drop to 1st support at 0.88747 where it could potentially react off and up to 1st resistance at 0.89861.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP is approaching its resistance at 0.89817 where it is could reverse down to its support at 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong...
