eurgbpshort

EURGBP - Intraday - We look to Sell at 0.9230 (stop at 0.9260) Trades at the highest level in 23 months. Selling posted in Asia. Price action has posted a bearish inverted Hammer and is negative for short-term sentiment. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of...

EURGBP - Intraday - We look to Sell at 0.9240 (stop at 0.9270) Price action has formed a bearish ending wedge formation. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Rallies continue to attract sellers. There...

EURGBP - Intraday - We look to Sell at 0.9255 (stop at 0.9285) Price action has formed a bearish ending wedge formation. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Rallies continue to attract sellers. There...

Third touch of ascending channel followed by a corrective double top. Position taken on the break of the structure (I did get to it a little late so I have an additional 5 pip on my stop). Profit target +6% to the bottom of the channel. Second profit target +19% to the beginning of the channel (ray line)

EURGBP - Intraday - We look to Sell at 0.9205 (stop at 0.9235) A 5 wave bearish count has been completed at 0.9090. Buying posted in Asia. Posted a Bearish Outside candle on the Weekly chart. The medium term bias remains bearish. Trend line resistance is located at 0.9191. Bespoke resistance is located at 0.9205. Preferred trade is to sell into rallies. Our...

FX:EURGBP Don't fall for the buy signal unless there is Brexit drama

FX:EURGBP

Strategy Zero: Long-term outlook. Outcome: retracement Risk Management: Compound Disclaimer: Trading is high risk investment , ideas posted here are for future references .

Wait for a dip back into the yellow resistance region before we go short.

FX:EURGBP

A lot of things indicating price will move to the downside, waiting for 38.2 fibonacci level rejection and trendline retest

FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Sell at 0.8954 (stop at 0.8979) Broken out of the Head and Shoulders formation to the downside. The formation has a measured move target of 0.8860. Economic figures could adversley affect the short term technical picture. Reverse trend line resistance comes in at 0.8954. Bespoke...

EURGBP - ANALYSIS SHORT BIAS

Corrective price at the top of the channel. Looking for a clean smaller double top with very corrective candles or a bear flag to take short. Keeping open to scale ins.

FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Sell a break of 0.8955 (stop at 0.8990) Bespoke support is located at 0.8962. Buying pressure from 0.8955 resulted in all the initial daily selloff being recaptured. Due to an Ending Wedge formation, we continue to treat extended gains with caution. The trend of higher highs is...

EURGBP having clear signs of potential bears although price is still following this rising channel, so he best thing we can do is simply wait out this pattern until a clear breakout is spotted, otherwise if we try to trade for price to leave this channel without it actually doing so, then price will continue to follow this channel and keep stopping out a lot of traders.

Good Afternoon Traders, The Euro currently sits at a level imminent for a big drop with the potential returns of around 200-400 pips. The RSI currently indicates significant divergence and I believe the GBP will gain some momentum during the remainder of the year, boosting the strength of the GBP and driving the euro down (this can be seen by my analysis of the...

FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP EURGBP - Intraday - We look to Sell at 0.9000 (stop at 0.9025) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Price action has formed an expanding wedge...