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Eurgbp!

Why Stop Loss Is Important ?? EXPLANATION : This is a 15 min time frame chart of EURGBP . It has formed Descending triangle pattern , after seeing this formation I take it early entry and Sl kissed me . Price moves in opposite direction of my Analysis , Now what can I do ?? Respect your SL , No revenge trading , No over trading , Find another opportunity , No gambling . This all things keep in your mind , If you want to be successful trader . Psychology matter :) Lesson : Trade with confirmation Ideal entry : Breakout & Retest , when support become resistance
by pranav_nanavare
1
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8563). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 54. Take Profits: TP1= @ 0.8573 TP2= @ 0.8591 TP3= @ 0.8609 TP4= @ 0.8633 TP5= @ 0.8657 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8556). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 58. Take Profits: TP1= @ 0.8578 TP2= @ 0.8600 TP3= @ 0.8620 TP4= @ 0.8640 TP5= @ 0.8670 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
💡Don't miss the great buy opportunity in EURGBPTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.85499). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46. Take Profits: TP1= @ 0.86125 TP2= @ 0.86390 TP3= @ 0.86730 TP4= @ 0.87166 TP5= @ 0.87497 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
EURGBP : is this the time to do 1-2-3-4-5 for upside ?After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish reversal candlestick pattern : THREE LINE STRIKE , a channel breakout & a higher higher highs & higher lows in the lower time frame. One can go long on EURGBP for the targets of 0.88 to 0.9 in the coming weeks.
Long
by TradingSutra
1