Eur/Gbp (Looks Like Retracement TIme) How far do you think it will retrace ?????
Im trying for the 50 ....
Let me know in the comments below
Eurgbpforecast
EURGBP potential reversal!
EURGBP expected to rise up to 1st resistance at 0.83145 where it could potentially react off and drop down to 1st support at 0.83006.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP SHORT INTRA-DAY AND SWINGEURGBP is currently trading below $0.83678,a signnificant level.
Comparing Weak Vs Strong currencies this past week (end 2/14), GBP shored much much much more strength whereas EUR traded as the weakest of all currencies-- meaning a SELL bias for the pair.
Monthly chart analysis has the pair looking to test Supports for bounce.
A good technical approach on this pair provides awesome Short opportunity to Support with potential continuation to downside or counter-trend to upside targets depending on price action and/or currency strengths.
Momentarilly, Daily and 4Hr analysis should follow.
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Thank you and happy trading.
EURGBP SHORT Same bias as last week, missed my entry by 20 pips. Looking for this to come up to the 61.8 region (purple box) hopefully see some candle wick rejection from here to take this short.
Take partial profits.
140 PIP GAIN 5 /1 RR
Trading Pathways Analysis of EURGBP H4 Chart
The outlined white arrow pathway is the predicted pathway that the EURGBP will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURGBP will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit choppy recently. I am favoring longs but I want to see a nice push to the downside to secure a clean entry. Keeping a very close eye on this pair.
EURGBP SHORT 4H SETUP
EURGBP is showing a downtrend lately on daily timeframe, we are looking of a possible to enter a short position if our trendline does not break, we also saw
some rejections on our resistance (keylevel) at 0.84728 which confirms us for a possible sell till to our next support at 0.83373
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking really good. I believe that EURGBP is going to start climbing to the upside. First I would like to see a nice pull back and a clean rejection off support giving us a good entry. Watching very closely. Definitely at the top of our watchlist.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit a push to the upside, looking really good. I am not going to rush into anything. Like gold and oil you really need to respect pound pairs as they can move very violently. Its still early in the week so we need to be patient. I would like to see a nice pull back down giving us a good opportunity for a clean entry! Definitely on the watch list. Keeping a close eye on this
EURGBP - Demand holding..H4 buy setup Eurgbp - H4 chart - Brexit deadline is next month and technically gbp looks set to fall and eurgbp can rise big so heres another buy trade for eurgbp that I'll be taking as the previous one got stopped on break even.
EURGBP Looks Like Is Heading Down To Retest The Lows EURGBP took out the most recent low it looks like that its heading down to retest the double bottom.
after the market is done with that we will have to see if the market can give us a buy signal to take it back up to resistance and then if the market can break that resistance, lets take it step by step, for now im waiting for a pullback to short it to support if it sets up.
EURGBP approaching support, potential for a further rise!
EURGBP approaching support at 0.84820 where it could potentially rise further to 0.85712.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
As mentioned keep in mind that we have pound news today. This pair is definitely looking good. As I said in the last video I would like to see EG push up a bit and give us a nice clean rejection off resistance then we could look to take a trade.
EURGBP - LONGReason
1.) Price reversal at 0.83 tells me that some big volume is buying at this price.
2/) SMA20 starts showing some strength in an up trend.
Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL.
**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 investment decisions.
TRADE with CARE !!!
EURGBP bounced from support, potential for a further rise!
EURGBP bounced off 0.85167 where it could potentially rise further to 0.86445.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP - WEEKLY - THE LONG SIDEEurgbp - I see weakness in gbp coming for the next few months so could see a decent move up on this pair.. Euro on the come up as well things could get interesting.
EURGBP forecast update on H5Note : on the 13th of December I predict the inverted H&S pattern will form in the next few weeks (link below) and it really happens now, so what's next?
Plan : wait for prices to bounce off trendline support --> 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 investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
How To trade Divergence in a high Time frame Daily or Weekly , When a Price make a pullback from a Major Level, you should wait a re test for a second times on law time frame
if you see that trend on chart is up and on indicator is down that's mean a divergence
you should place your First TP on the first Support on law time frame.and finaly you need to place your Stop Loss above 20 PIPS the higher Price
Newt Time i will explain, how to place TP2 and TP3 using another indicator
EUR/GBP, Scalp SellI have opened Sell entry near key level:
- Price rose up 2 ATR
- Price made a false breakout of 0.8507
Open Sell near key level 0.8507 with low risk
Support this idea with like if u want to see more such ideas in a future
EURGBP Potential 350-pips surgeThe common European currency will likely gain strength against the British Pound within the coming weeks.
The currency exchange rate edge higher by about 350 basis points during this period.
However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.
EUR/GBP: Day-Swingtrade-Opportunity#BUYHey tradomaniacs,
welcome to another free signal!
Notice: To trade POUND-PAIRS is always risky due to volatility caused by Brexit-News or I bet upcoming tweets from Johnson.
Not more than 1% risk in this trade. We are also trading against a strong trend and were rejection nicely @ the weekly support. Great chance to catch the bottom but still risky.
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Type: Day-Swingtrade
EUR/GBP: Day-Swingtrade-Execution
Market Buy: 0,83320
Stop-Loss: 0,82650
Target 1: 0,84000
Target 2: 0,84570
Target 3: 0,84986
Stop-Loss: 70 pips
Risk: 1%
Risk-Reward: 2,5
Notice: To trade POUND-PAIRS is always risky due to volatility caused by Brexit-News or I bet upcoming tweets from Johnson.
Not more than 1% risk in this trade.
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Peace and good trades
Irasor
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