EURGBPExpecting weaker euro and possible stronger pound. Wedge could be broken up, but it seems unlikely because upcoming referendums later this year. Price could found support from lower trendline and at 0.8300 support level.
Eurgbpsignal
EURGBPwe are looking for this pair to go short during London and USD session as buyers seem to be in the 0.83700 area
EG shortpic should be pretty much self explanatory....the h&S also coincides with the overall direction on the higher time frames.
short EURGBP @ 60 min @ trading capability for this 51st week`16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EUR/GBP, DAY CHART, SHORT (4-DEC-2016)Our previous analysis on shorting EUR/GBP was correct.
Now, we need to pay attention to this support zone.
If the price manage to break the support zone with strong strength, wait for pullback and short for it :)
EURGBP Short!! (wait for break)EG still wait for break grey-line.
if EG can't breakout, We still no order here.
Use Sell stop @H1 for jump in.
EURGBP poised for relief SHORTCompare with BASE POUND PAIRS...
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Neg.Divergence
Bull Exhaustion
Time to relive the pressure
Target marked
