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Eurgbpanalysis

EURGBP BUY 1000+ PIPS?!!Looking at a long term swing trade for eurgbp. We have played into a nice weekly orderblock and are showing signs of accumulation on the lower timeframes. We are at discounted levels right now hence I believe it is a good place to long. Potential take profits are shown through purple lines. Risk 1-2% Potential risk:reward => 1:10+ DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
Long
by Turtlesoup_Maestro
1
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
EURGBP SHORT / SELL $MART-MONEYWe broke structure on a Daily timeframe to a downtrend. Currently mitigating toward the sell orders in a 4H timeframe. Price is failing to create Higher Highs. On the 1H we broke structure to the down side and are currently retracing towards our institutional candle. Confirmations in this trade: Fib Retracement leveles 78.6% - 88.6% (Red area) Institutional move / candle Mitigation 50% of entire push up prior to the drop. (POI) Higher time-frame structure Break of structure in 1H Risk to Reward over 1:3 Setting sell limits and have alert around area for a sniper entry within a 5m/15m Break of structure. Eyes on distribution in that area
Short
by kevhernandez9