45 angle describes the corrective nature of the pattern.EURGBP has started forming impulsive wave C's sub-wave 3.
It has broken down the correction channel of wave B.
If EURGBP breaks down low of wave X at 0.84819 , then the price will complete its impulse wave C. It is also a support level of 200 EMA. Or it will start marching upward.
Targets: 0.84500 -...
Waiting for a pullback into 0.86192 to short EURGBP back down to daily support target at 0.85000
If you agree drop a like and if you have any questions drop a comment :)
all you needs, in the chart, EURGBP is in downtrend, so for dropping price needs to sweep liquidities in 0.864 or 0.866 or both of them.
lets see. this will be update in any changes in idea
FX:EURGBP
Waiting for a retest of 0.87124 or 0.86712 or break and retest of 0.85916 to Short EURGBP back to support level at 0.85066.
If you agree drop a like and if you have any questions leave a comment :)
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Based on technical factors there is a Short position in :
📊 EURGBP
🔴 Short Now 0.87235
🧯 Stop loss 0.87617
🏹 Target 1 0.86330
🏹 Target 2 0.85770
🏹 Target 3 0.84740
💸RISK : 1%
We hope it is profitable for you ❤️
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potential nice set up for a Quick scalping rejection 10-30 pips seems like a decent scalp set up.. remember this is for educational and demo purposes please feel free to drop any questions comments or anything regarding my analysis!! i beleive as a community we can all do better to help one another grow!
information is shared for educational and demo purposes...
Hi Traders,
Price has bounced off the 0.857 level multiple times failing to break lower which we saw a strong impulse breakout of a descending channel followed by a bullish continuation pattern.
Looking for Euro to continue to upwards to a strong area of interest around 0.875
Trade Safe
Thanks
Hello traders!
‼️ This is my analysis on USOIL .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue bearish price action after mitigation bearish orderblock. My target is sell side liquidity below equal lows.
Like, comment and subscribe to be in touch with my content!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Good morning, I leave a forecast of what could happen in eur gbp in the next few hours after the market opens.
Possible retracement to 61% fibonacci levels to then continue its downtrend.
1H charts
Intra-Day Bearish Trade
ECONOMIC CALENDAR (GMT -3) PLEASE CHANGE TO YOUR SCHEDULE
IMPORTANT - 16:30 EUR Appearance of Lagarde, president of the ECB
Hi everyone , this my EURGBP setup for next weak ,
Everything is explained on the chart ,,
Along with a simple forecast for the possible scenarios ,,
if you like the setup give it a BOOST & FOLLOW for mare ,,
TRADE SAFELY .
Hello traders!
‼️ This is my analysis on EURGBP .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue bearish price action to take out liquidity below support zone and to fill the imbalances lower.
Like, comment and subscribe to be in touch with my content!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
When we look at the 1H chart we can see that there is some sort if head shoulder head pattern forming here and it looks to be a valid one for me. When I get the real confirmation that this is a HSH pattern than I will be trading according to that pattern and we could be making some good profits then. Let's keep an eye out for it and see when we have the chance of...
