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Eurgbpsignal

EUR/GBP Short analysismarket is currently downtrend in higher timeframe. here market has broken the LL and form an new LL which indicates that market will further continue downtrend. so the idea for this trade is also to sell the market from a high interest area, from the picture you can see that after market formed new LL it shoot up to fill the imbalance price left open and broken several structures but never retested so, i am keeping those imbalance price as target if market played out with my analysis. the trade idea originated when market after filled the extreme supply selloff heavily broken significant structures showing selling pressure so, i decided to look for short opportunity from there market after forming CHofCH left open an imbalance price where i am expecting market to retest and selloff heavily there was also a supply at the top of the move but i don't thing market will all the way up there to retest so, currently i am waiting for the market to retest my 30m supply then i will look for lower timeframe confirmation to enter in this trade. i hope you like the analysis do follow me for more such analysis
Short
by Rohit_Fx
EURGBP | Good Sell Opportunity. Get in!When it comes to the technical analysis of EURGBP, you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If the price breaks Target 1, you may keep the position till Target 2. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just above the entry area. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. If you find this technical analysis useful, please like & share our ideas with the community. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard
BUY EURGBP!!!On Friday, EURGBP hovered around 0.89400 levels which holds a good support according to both Bollinger Bands and trend channel formed in 4 hr chart. So, we can long this pair for approx. 0.90100 levels as take profit. It has high chances that price will test that range this coming week or maybe higher as we see from a Daily perspective. So, we are bullish on daily chart also. It is a great opportunity in EURGBP to grab!!!! Stay updated and follow me for more!!! :)
Long
by ng_forex