TP hit on EURGBP +300pips on the last analysis What now? We are now at the weekly and daily Demand Zone. From here I expect the price to go up. Watch the daily close in oder to confirm the entry. Possible target will be the daily Supply Zone.
ANALYSIS- 1. CLEAR DOWNTREND 2. PRICE HAS BROKEN ABOVE PREVIOUS SUPPORT LEVEL AND HAS COME BACK TO RETEST TO CONTINUE POSSIBLE UPWARDS MOMENTUM 3. WICK REJECTION AT KEY LEVEL AS PRICE ACTION CONFIRMATIO
Euro bullish breakout failed. You do not see it on EURUSD chart. I repeat EURUSD chart does not reflect the right value of EURO. By rules of "New Science of Technical Analysis" when you see such rejection candle you EXIT breakout trade. Do not be fooled by cosmic longs of trading "experts" who do not even know who is Tom DeMark. In addition, other DM...
Good opportunity to buy #EURGBP. Price makes a good Elliot Wave pattern. Now touched the 61% of Fibo. Let's wait for it to break the trendline to enter Long SL 0.85880 TP 0.89731
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. EURGBP , Now it's time to enter the long trade,
As described on the chart Good Luck
Hello, I hope you are doing well! At the moment we can see two major levels 0.874 and 0.864 What I'm expecting at these levels? In my opinion, the price should bounce at 0.864 level (purple) and just after we will see what momentum and pattern it will give us. At the moment I can just prepare for a few scenarios: After bounce the price will from side move...
Soon EURGBP will fall to my target - the support line. As soon as this happens we buy EURGBP. Close the position when the price reaches the resistance line (or when I give a new post for this pair)
Plan : resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
-Sell Signal -Testing major support -Betting on it breaking
Iceberg. Similar to the Titanic the US Economy has been struck by a foreign object, one that posses a serious threat. Brief signs of optimism from the lowering of emergency boats (stimulus) have the doomed passengers (investors) feeling hopeful. The common-folk will be hurt the hardest. The world will change forever. 293 is possible, but my short bias remains.
eu entry - 17:27:28 (UTC) Mon Apr 13, 2020
EURGBP TRIANGLE BREAKOUT AND MADE RETEST