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EURGBP set up ideas
Membro Desde Jul 20, 2020
385 posts
Membro Desde Apr 09, 2019
516 posts
Dec 01, 2022 at 08:53
Membro Desde Dec 09, 2013
138 posts
The pair has been choppy in the H4 chart. It may find its support around 0.85750. A bullish reversal pattern may push the price towards the North. On the other hand, a bearish breakout at that level may drive the price towards the South.
Dec 20, 2022 at 02:05
Membro Desde Oct 17, 2018
99 posts
EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
Membro Desde Mar 17, 2022
46 posts
Dec 22, 2022 at 08:17
Membro Desde Jan 21, 2022
57 posts
Pezza posted:
EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
keeping an eye on the market is the first step to creating the best risk management strategies to reduce the loss on each trade.
Membro Desde Mar 31, 2021
222 posts
Dec 30, 2022 at 08:11
Membro Desde Dec 09, 2013
138 posts
The pair seems to have found its resistance around 0.88500. It may end up producing a Double Top there. A neckline breakout at 0.88000 may drive the price towards the south with good bearish momentum.

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