eurgbpshort

EURGBP SHORT H4

we will be selling EurGbp when it breaks the trend line and gives us good price action. please trade with good risk management.

Price is currently in consolidation ( moving sideward ) and is 40ish pips off our resistance zone, we think price will make a bullish run upto this zone and then bounce making bearish movement all the way down to our support zone. Now we don't have an high impact news releases this week involving this pairing, but as we know around brexit anything can happen and...

Hi traders, Here we have a nice and very simple setup on EURGBP pair. This pair has recently created an excellent double top formation while RSI being overbought position and we have a nice bearish engulfing candle straight after the double top which suggests a reversal. I have gone short on this one and I've marked the tp and sl for you as well. Let me know...

EURGBP Short Following the trend lines i see a potential opportunity for a small short which could be fulfilled very quickly. If the upper trendline is broken then a small loss would be incurred but with no reports coming out to push the fundamental trading it would suggest to follow the trend. Any advise/feeback is much appreciated as I'm only new to this. Lewis

EURGBP currently consolidating between 0.85000 & 0.87000 psychological levels. Resistance at 0.618% weekly fibonacci retracement level. Trading below the EMA 31, 50 & 200 on the daily timeframe, if EMA 800 is broken it may be further confluence suggesting bearish movement. Ideal entry would be at 0.86100 support & resistance level. If the 0.86000 psychological...

FX:EURGBP Price has retested after breaking the Head & Shoulders pattern. - Low risk

We will keep this 1 short and sweet.... We are short to our trendline then long for that..... is that simple enough for you? Got that... or do you need us to wipe your arse as well? ;p

- Price to retest downtrend and break through purple monthly zone. - Price to retest the same purple monthly zone as a resistance level - Waiting for price action confirmation e.g. a bearish engulfing candle close on the 4hr TF, before entering short - Price to make its way down to lower purple monthly zone.

strong daily resistance

EUR/GBP has reached a strong resistance and therefore fell down , now the parapolic SAR and MACD has suggested a further downfall so i would suggest you sell now

For the meantime, price looks to be contained within a channel. For the short term we could be looking for a sell trade with a build up of order at around the 0.8850 area. Depending on the Brexit negotiations (with 9 months to go) and a possible BoE interest rate rise in August, GBP could gain some strength and take price in the downtrend for the long term.

Pretty much missed all the action yesterday. I wanted to see if price would retest the key level for a continuation, which has now happened. There is EUR news coming out in about 20 minutes so I'm looking for price to fall even more to the downside after it comes out Weekly,Daily (if the MA's cross),4HR and 2HR have all the MA's down. Can't really see...

Hi guys, i don't like to trade all the harmonic patterns i see, especially in lower timeframe. But sometimes it happens that they satisfy certain criteria that makes me comfortable using them as entry reasons. In this case you can see that the D point is coming right into a structural zone that i've highlighted on the higher timeframe (daily) and therefore the...

In line with yesterday's bullish call, the rally from last week's low extended. But, as expected, this bounce lacked the momentum to break through, on a closing basis, a Marabuzo line from March 20th or the 13 day mvg avg. Minor net gains were still posted but it is the upside rejection that we look to begin a renewal of the selling pressure that has marked the...

CHART TIMEFRAME : H4 INDICATORS: EMA50 & EMA100 & MURREY MATH LINES Price is below EMA 50 and just above EMA 100 We look for a short opportunity with the break below EMA 100. Details as described on the chart. DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

Hi guys, this is a simple harmonic pattern that's unfolding on the 4hr chart on EURGBP. It's going to complete right at a daily structure. I'm going to sell the market at the D point, in expectation of a reversal down to 0.8820 level. Stops above X, targets as shown. If you have questions/ideas, feel free to comment below. Otherwise, see you in the next chart!

Looking for a short of a key supply level at 0.902. Although we are in 12 month uptrend it's clear to see that momentum is beginning to drop as the moving averages are beginning to converge. Looking to short back down to the upward trend line support.