Eurgbptrade
EURGBP 4H - End Of Uptrend?After a long Bullish moves, the uprise has stalled and slowed down. Price has start to create a Lower High and tried to break the Support (magenta zone) yesterday.
However, be cautious as the price can still go upwards. We merely trade WHAT WE SEE, but the market forces is beyond anyone's control.
EUR must weaken or GBP must strengthen in order for EURGBP to fall.
TAYOR.
KHALID HAMID
EURGBP = SELLFX_IDC:EURGBP
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Continuous Downtrend on D1
Retest of daily resistance of 0.382 fib level. Sellers took control, price has broke through minor H4 support, expecting further downside movement to H4 extended fib level 1.618 and our daily major support zone.
Sell at CMP - 0.85450
SL - 0.85750
TP - 0.83500
EURGBP Short Trading Idea (Sell The Breakout)We've got the breakout, now let's wait for the pullback to get a better entry.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
EURGBP TRADE IDEAEURGBP IS IN AN UPTREND AND CURRENTLY WE WANT TO SEE A PULLBACK AND A CONTINUATION OF THE UPTREND
EURGBP Buy TradeConfusion Confusion Confusion: This Pair Is Sending Mixed Reactions At The Moment But If We Close Around/Above 8787 Levels (On The 2h TF) Then It Would Be A Perfect Buy. A nice SL will be around 8769 Levels
EURGBPIf we get a solid break lower out of the consolidation we should see lower prices, given we have what looks like a fake break to the upside, looking for buyers around the 0.882 level
EURGBP Trade Idea : Potential Short OpprotunityHarmonic Shark
Entry, SL,TP1 and TP2 described on the chart
long EURGBP @ 1h @ trading capability for this 52nd week `16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
