Resistance level of 0.89200 not broken, possible short to 0.88300 Goodluck trading and let me know what you guys think about EUR/GBP!
EURGBP Timeframe: H4 Direction: Short Confluences for Trade: - Waning strength in bullish rally - Price at Horizontal Resistance - Likely to Breaking S/T Trendline - Stochastic Overbought momentum - Fundamentally, both nations have internal issues that have yet to be solved, it really depends on timing on the events release; do note that EU will comment...
EURGBP, eurgbp ready to fall now, divergence being formed for selling
TARGET: 70.5 PIPS TP1: 1.0017 TP2: 0.99914 SL:1.01036
TARGET: 24 TP1: 0.87705, TP2: 0.87826 SL: 0.87237
EURGBP Timeframe: 1D Direction: Long Confluences for Trade: - Price close to support of Parallel Channel - Price close to Horizontal Support Trendline (since May 18) - Stochastic Overbought momentum (D1 & H4) - Gap between 8EMA and 50EMA very wide - Fundamentally, Brexit story continues. Suggested Trade: Entry @ Area of Interest 0.8660 - 0.8715 SL: ...
Price Gave us a strong bearish engulfing candle on the retest of the broken up trend line. I`m going short.
expecting a bullish turn here, we might extend all the way to 127.8 before turning. any 4hr candle that breaks below 128 and closes there, invalidates this idea.
EURGBP IS LOOKING GOOD FOR A SELL GOOD RISK 2 REWARD ALSO
2018-10-29 EURGBP H4 SELL 0.8870 AND 0.8910 STOP LOSS 0.8950 TP 0.8850 TP 0.8830
Bat formation potential high. We have to wait for entry to point D. Let's not open the transaction before the formation is complete. The goals are indicated on the chart.
EURGBP make Bearish Flag pattern Trade safe Take profit
2018-10-11 TREND ANALYSIS EURGBP H4 BUY 0.8735 STOP LOSS 0.8680 TP : 0.8760 TP: 0.8780
EURGBP / REBOUND? No change from our point of view, the expected rally should be considered as a corrective structure (technical rebound), and then we expect a new bearish leg.
Price broke the downtrend line with a very strong push within the uptrend line of the daily chart. Now, it gave us a strong pin bar located between the 50/61,8% region of Fibonacci retraction. I`m going long.