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EUR / GBP 0.84733 -0.01 % SHPRT IDEA * CONTINUATION PATTERNS P/AHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP . * looking for trend continuation on this pair. Here is where we started with this one. - while significant moves with the bulls may change the plan, looking for a break below of structure on this on & continuation. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
1
GBPJPY FALLING and BREAK support lineSince October of last year, the price has been moving in an uptrend formed between two rather strong lines - also in October 2020. Despite small false breakouts of both lines, the price continued to rise. During the growth, it was even able to break through the support level of 140.87. Then the price used the support of the level and was able to break through the support line 142.79 - the trend line. After that, the price continued to rise and rose to a strong resistance zone at 143.75, where it is now. This zone consists of two strong lines. One of them was formed in December 2019. The first touch of another line happened even earlier - in February 2018. Together, they give the price strong resistance and I do not think that the price can seriously break this zone. I expect the price to bounce off the resistance zone. First, it will break through the support line 142.96 and fix on it at position 143.06. Then it will fall to the next support line at 141.50. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
17
XRPUSD Short📉Hello friends! Spend your day positive and light. Build up your strength for the next work week. As we can see from the previous idea, the price bounced off the support line and went up. The support line could not let the price go down. In today's idea, the main role is played by the resistance line, which begins in November 2020, and the support zone. On December 16, the price began to rise sharply and on its way was able to break through the zone and the resistance line. This means that the price is growing strongly. Today the price is at the resistance line. I expect that the price will be able to bounce off the line and start falling down there. I expect the price to be able to reach the support zone.📉 Do you agree?) Your Solldy.
BITSTAMP:XRPUSDShort
by Solldy
10
XRPUSD Short📉Hello my dear friend! ✌🏼 I wish you patience and good luck. These are important qualities for good trading! As we can see, the price is on the same lines on which it was. Let me remind you that the main role in this idea is played by the support line of the resistance, which originate in November 2020. At the moment, the price is on the upper support line, but soon this line will become a resistance line. On December 16, the price began to rise. On its way, the price was able to break through the line and the zone that were in its way. Also, the price passed through the resistance line. At the moment, the price is above this line. Today I expect the price to start moving down. I think that the price will be able to reach the support line. It will be a good and strong fall.📉 Do you agree?) Your Solldy.
BITSTAMP:XRPUSDShort
by Solldy
28
BTCUSD ⚡ Price IS Moving DOWN 📉As we can see, the price got a good push from the strong support line that started in 2017. This means that the price will keep moving up for some time. Let me remind you that the price is now between the support and resistance lines. Who control the price from the moment it rises. This is from October 21st. Now the price is heading up towards the resistance line. I expect the price to be able to bounce off it like previous times. Therefore, today there will be a fall to the support line.📉 Do you agree?) Your Solldy.
BITSTAMP:BTCUSDShort
by Solldy
15
GBPUSD continue fallingOn October 15, the price made a small breakdown of a very strong resistance line. The last time she made such a breakdown was several years ago. Therefore, now I think that the price will not return to this line but will fall. This is confirmed my past prediction. Now the price is in a descending channel and has already broken through its lower border - the resistance lineg in an ascending channel and is now at its lower border. I expect the price to continue falling. The target is support lines. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
10