Eg
Training 4/8/2020 - EGAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
EURGBP SELL SignalHey fokls!
EG comming to our levels, so we have our sell limits are already there!
EURGBP ShortPotential head and shoulders pattern forming along with a potential short term cypher.
Predicted movement shown on chart.
Observe to see what happens in the 0.895 area to see if it completes a cypher with 0.5 fib level TP1.
If price rejects this level it could also be completing the right shoulder of a head and shoulder pattern.
I would look for a short position with a TP1 at the neckline of the H&S as price could bounce again from here. On the other hand it could break the neckline and begin a bearish run.
Bearish divergence on the 4hr right shoulder, followed by strong rejection from the 0.908 price level.
COT data is not clear so not taken into account much for this idea. Both currencies are short bias on leveraged accounts.
EURGBP Shorts coming inClassic Zone trade using my strategy. Not too late to jump in, only 10 pips in profit so far. For you RSI traders out there look at this one ;). Drop is coming, not "if". Should play out by tomorrow!
EURGBP-LONGBearish channel trend
Break through Reversal
Expecting retracement around 0.88081 (BUY ZONE)
TP1- 0.89102 (may change)
SL- 0.87730
EURGBP SHORT SET UPThis set up is based on the current order flow. Risk reward is good with 2 take profit targets.
Follow me for updates and regular high probability set ups!
EG: +300 pips Downside on Weekly Docket EG: +300 pips Downside on Weekly Docket
@ 13:19:30 (UTC)
Tue Jan 14, 2020
EG: Wkly long setup Looking from the top down, 0.8 is I think potentially long term downside support, but until 0.85 it will be of interest to take it long after multiple rejections back up to 0.87. I think this week we will consolidate around the current zone in yellow and that we will be able to take advantage of a break out to either side. Preferably the downside. For this reason, we favor a bearish bias for EUR/GBP this week. As always feel free to ask questions and post your charts.
