The price is fallinf with similar stages.
Every time it's react near Mirror Levels.
Wecan open Sell under Mirror Level 0.89036.
Before to trade my ideas make your own analyse.
Write your comments and questions here!
No need to write them in PM.
Thanks for your support!
As price reached MPO of the H&S pattern, it is now showing intraday rejection of the 200SMA on a daily chart. Looks good for a long trade. Enter on smaller time frame as we make a pullback lower.
Good Luck!
Enter after the completion of the 4 H candle
If it starts to fall go out out of the trade and wait for new price action to buy on 4 H time frame
Good luck
would like to see it reach divergence resistance reject to sell but if breaks resistance to see it touch ceiling resistance to start making new way of reversal which i doubt honestly but i expect a continuation more to the downside might start tomorrow evening but for sure before week is up will follow back back with check in update thursday or friday
Pair has been spiking and channeling in a bear trend since the 11-AUG swing high but current channel that is forming is an equidistant bear channel containing possible climactic bear legs (or even bear traps) that could facilitate transition to either sideways ranging or even a reversal.
Of course current bearish trend could continue lower but the bear channel...
Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.
Market Mode of Behavior: EURGBP : FOREX : 0.88572 : Macro: Eight specific set-ups that dictate the current trading strategy...
Currently,...
The Euro vs. the British Pound. This pair represent a cross between the two largest economies in Europe, the Euro Zone and the Unites Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
