Dollar bear is nearAccording harmonic analysis, we expect the DXY to start an overall decline after reaching the supply area shown. after the price reach this zone, we will look to buy other currencies against the US$.
Trade with care.
GBP-EUR
EURGBP Bearish This is my view on EURGBP price could not close above the supply W1 zone, I'm expecting bearish movement.
Good luck everyone.
EG - Can See The Bear Far Far AwayEURGBP
Setup: HNS
Confluence:
Price Break Neckline
BRN
CRS
Entry:
Sell @ 0.8870, SL @ 0.8920 (50 pips), TP @ 0.8700 (170 pips)
Let me know your thoughts
TAYOR
EURGBP - 30M SellDears,
as you see the EURGBP it will be beriash as per our chart.
Gad knows & good luck
EURGBPEurGbp posted today
1- initial SL hit
2-waited for reentry
3- trade on way to TP
lost 8 pip initially (First entry posted a few hours ago)
RN 15 pip in profit
EURGBP: Ascending Triangle In Bear Trend
hey traders,
on EURGBP we have a perfect example of a descending triangle in a bearish trend.
it is a very classic reversal pattern indicating a weakening bearish momentum.
We trade it waiting for a bullish breakout of a horizontal structure resistance to long the market.
Stop 0.8815
T1 - 0.887
T2 - 0.889
GBP NZD Trade already running in nice profit after break and retest of the key level
potential set ups also displayed
Sterling and The Inevitable TruthHi Traders.
Here we got FX:EURGBP which has rallied since early 2019 once again on BREXIT "fears".
You will notice that since the Brexit vote, the Pound suffered a major selloff over the past 3 years, making me think that a hard brexit has already been priced in. Besides, we all know that Britain is 100 times better off out of the European Union, any negative effects will be temporary and with the amount of money hidden on those beautiful BVI islands that we all love so much, they will be ok.
Im bullish on the pound and bearish on the euro, next up to leave? perhaps Italy, France...?
EURGBP SHORT!clear and simple trade that we have
after ABC wave finished we can expect a short trade to 618 Fibonacci extension
Good luck!
GBPUSD, British Pound can make reversal moveThe price bounced from 8-Month Low and we will have midterm BUY entry if it came back to Buy Zone.
Potential profit will be in 3...5 times bigger then risk.
GBPEUR is bottoming out.The negativity surrounding the GBP has already been priced in and it appears that it's bottoming out. I have set up a long position and stop with a 1.21 risk/reward ratio.
GBPEUR is bottoming out. The negativity surrounding the GBP has already been priced in and it appears that it's bottoming out. I have set up a long position and stop with a 1.45 risk/reward ratio.
EURGBP - SellFinally, EURGBP has reached into a strong area.
- Fibonacci Golden ratio 62%
- Trendline
- Round number 0.90000
- Curve trendline
The climb has been huge, so, wait for a bearish candlestick formation from the 4H or from the Daily timeframes.
Do your own research and if this matching with mine then you are ready to go!
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Best regards,
Vaido
