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Luweedsi Luweedsi EURGBP, D,
EURGBP: Euro-Pound's descending triangle
22 0 6
EURGBP, D
Euro-Pound's descending triangle

For the past several days, the EURGBP pair has been trading on a descending triangle. As what the formation suggests, a downside is imminent from this day forward despite the spike up. I actually had a long setup at 0.86020 wherein an inside bar pleasantly formed just about the 200sma along with a huge bullish pin bar as the mother bar. I've drawn a second ...

MuhamadHishamKhalil MuhamadHishamKhalil EURGBP, 30, Short ,
EURGBP: double top on EURGBP
35 0 7
EURGBP, 30 Short
double top on EURGBP

i ll put sell order at current levels targeting the two green lines. and put SL at 0.8531

MuhamadHishamKhalil MuhamadHishamKhalil EURGBP, 30, Short ,
EURGBP: Descending Triangle support selling EURGBP
25 0 6
EURGBP, 30 Short
Descending Triangle support selling EURGBP

As we can see the descending triangle on the chart, we wait for the breakout of the support line at 0.8477. i ll put sell stop @ 0.8472 targeting 0.8440/0.8400 and SL @0.8501

Gruwel Gruwel EURGBP, 240, Short ,
EURGBP: EUR?GBP descending triangle with breakout near by
37 1 8
EURGBP, 240 Short
EUR?GBP descending triangle with breakout near by

Looks like a nice descending triangle. Took short position with TP at about 0.87. When it reaches the TP, I'll long again once price reversed. A breakout is likely to happen in the next week or two.

NikaLekishvili NikaLekishvili EURGBP, 60, Short ,
EURGBP: Euro/British Pound
70 0 8
EURGBP, 60 Short
Euro/British Pound

...

ViorelBadin ViorelBadin EURGBP, W,
EURGBP: EURGBP SELL TRADE
79 0 4
EURGBP, W
EURGBP SELL TRADE

PLACE A SELL LIMIT AT THE 0.86948 FIB LEVEL. STOP LOSS AT 0.89075

EtienneFakler EtienneFakler EURGBP, D,
EURGBP: EUR/GBP
27 0 1
EURGBP, D
EUR/GBP

trade at both breakouts possible

ForexTimes ForexTimes EURGBP, D, Long ,
EURGBP: continuation
40 0 4
EURGBP, D Long
continuation

momentum picking up on the upside

ForexTimes ForexTimes EURGBP, D, Long ,
EURGBP: pullback termination
24 0 2
EURGBP, D Long
pullback termination

no signs of momentum on the downside

ForexTimes ForexTimes EURGBP, D,
EURGBP: Correction
35 0 2
EURGBP, D
Correction

Primary trend remains up, but a currection is due

dillonthomas dillonthomas EURGBP, D, Long ,
EURGBP: EURGBP - D/4HR Long at end of 2nd wave
55 0 3
EURGBP, D Long
EURGBP - D/4HR Long at end of 2nd wave

Long EurGBP after pullback to end of 2nd wave.

BennyManieri BennyManieri PRO EURGBP, D, Short ,
EURGBP: Benny Manieri pinpoints reversal area on EURGBP
40 0 2
EURGBP, D Short
Benny Manieri pinpoints reversal area on EURGBP

We see that on the daily time frame, we are in some form of bearish rotation and the trend is down. You'll also noticed a head and shoulder's pattern just formed as well. We see some neat resistance level around the 79 even handle. Should price reach this level again, an entry reason such as a double top with some divergence would be a strong reason to enter on ...

GWaves GWaves PRO EURGBP, 240, Short ,
EURGBP: $EURGBP Bearish Wolfe Wave
167 3 9
EURGBP, 240 Short
$EURGBP Bearish Wolfe Wave

Hello Traders, $EURGBP completed a bearish Wolfe Wave at 5'. I would look to enter the short on Monday and exit at the Geo Off-Set Rule.

mohamedshamy mohamedshamy EURGBP, 30, Short ,
EURGBP: EURGBP 30M Double Top
15 0 3
EURGBP, 30 Short
EURGBP 30M Double Top

Possible double top SL 0.80564 TP1 0.80277, TP2 0.80088

lukas98 lukas98 EURGBP, D, Short ,
EURGBP: EURGBP Short Sell Limit - Forming Head and Shoulders pattern
21 0 0
EURGBP, D Short
EURGBP Short Sell Limit - Forming Head and Shoulders pattern

Has broken weekly resistance, then broke the previous support and is now major resistance again. Has failed to create a new higher high on the daily and has retraced back to support level, looking to be a great head and shoulders leading to a great short opportunity with a good R/R of 3:1. Also has broken the daily trend line and is retracing and trying to test ...

RBNonit RBNonit EURGBP, D, Short ,
EURGBP: EUR/GBP drop baby drop
100 0 1
EURGBP, D Short
EUR/GBP drop baby drop

Confluences: 1/ trend 2/ PA ( high test followed by inside bar ) 3/ Monthly & Weekly resistance of 0.7060 4/ 50% fib retracement additional info: * H&S - pattern on intradays * a lot of traders are already short since the 0.7135 resistance test

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