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Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
EUR/GBP
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing.
All technical and fandamantal follow the SELLing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
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Eur/GBP>>
pivot point :0.8530
first resistance is on point : 0.8545
second resistance is on point :0.8560
third resistance is on point : 0.8570
In my observation the profitable next selling point will be 0.8610
and by my mind the profitable next buy point will be 0.8520
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.
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EURGBP Next week analysis
EURGBP should be subject to more sell off towards 0.8318 or 0.8295. Corrective upward swings should face resistance around 0.8511 area. A break of 0.8479 is bullish.
Key Point 0.8448
Entry Point 0.8350
Trendline 1 0.8351
Trendline 2 0.8376
Support 1 0.8295
Support 2 0.8205
Resistance 1 0.8432
Resistance 2 0.8479
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EURGBP is moving near the 0.8163 resistance level. Then, if I see the previous movement, I think the up trend still strong untill now. If EURGBP can break that resistance level, I expect EURGBP will continue going up again and may touches or hits the next resistance level at 0.8197.
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eur.gbp
Resistance UP ^
pivot point # 0.8556
1#Resistance 0.8567
2# Resistance 0.8590
3# Resistance 0.8604
Support DOWN V
1# Support 0.8534
2# Support 0.8546
3# Support 0.8493
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bahi ya bat ap na blkul theek ke ha waqa he EUR /JBP ka trend chal rhaa ha or ya bnoht zada up ho ge market es paier par es lyaa mari request ha k es pari ko thora dehak kar kahalana.
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The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair.
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Market analisis treand !
Slowly I start to add some mid-term (weeks, months) trading & investment opportunities into my TradingView account. The first one which looks technically pretty nice is .
Pretty soon you can start building your long position on and it starts from the round number Obviously, do your own research, read fundamentals and etc.
Technical...
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Stopping near important resistance at 0.8169, EUR / GBP has broken declining trendline and resistance at 0.8115. Observe the important horizontal resistance at 0.8169. Support per hour at level 0.8108 (intraday low).
An increase of 0.7755 as a countertrend movement in the long-term downtrend. We need to see a break from the strong resistance between 0.8115
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Last week's retreat from 0.8885 found support at 0.8730, and the pair bounced up on Friday to extend gains on Monday's Asian session, reaching 0.8800 high, where the Euro found sellers to give away gains on European session, and dive towards 0.8755.
