Eur/Gbp

Pair = EURGBP
Woodie's Pivot Point
Time = Dayly, 2013.12.20
Result
R2= 0.8380
R1= 0.8360
PP= 0.8347
S1= 0.8327
S2= 0.8314

Standard pivots

R3 0.83960
R2 0.83814
R1 0.83625
PIVOT 0.83479
S1 0.83290
S2 0.83144
S3 0.82955

http://www10.0zz0.com/2013/12/20/09/829582327.png

virtual Day EURGBP

20-12-2013
DAY -OPEN 0.8343

DAY-HIGH 0.8366

DAY-LOW 0.8329

BY using pending orders

buy limit from 0.8300

sell limit from 0.8390
http://www11.0zz0.com/2013/12/20/09/948397442.png

EURGBP Technical Analysis for 20/12/2013
EURGBP : SELL

BID PRICE 0.8335

EXPONENTIAL MA 20 0.8340 SELL
EXPONENTIAL MA 50 0.8346 SELL
EXPONENTIAL MA 100 0.8370 SELL
PARABOLIC SAR 0.02/0.2 0.8357 SELL
RSI 14 36.70 SELL
MACD 12,26,9 -0.00098 SELL

Spoiler:

http://i1286.photobucket.com/albums/...ps8206caa3.png

Support : 0.8331
Pivot : 0.8339
Resistance : 0.8347
Trend : Bearish

I use scalping strategies on this currency pairs Eur/Gbp so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.834 then also there are some indicators that I use as the Bollinger Bands is UP TREND, ADX is UP TREND, Stochastic is BREAK HIGH.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order BUY at current market at 13:42 and use a stop loss and take profit of 80 pips
is the take profit at 0.8365 and stop loss at 0.8315

in 1h chart
today i will sell this pair from :0.8353

our stop loss today : 0.8395
half take profit for today : 0.8314
and our take profit2 : 0.8265
good luck

pair- eur/gbp
chart analysis time frame- h1

http://i42.tinypic.com/1znq71e.jpg

the price is not break the fibo 61.8 level up up side its also rejecting from the resistance at the 0.8360 level. as its moving in this range. the price in the up trend direcition in major time frame so wait to break the resistance. if this break long with the take profit at 0.8400
good luck

http://s30.postimg.org/pbzuqwm81/screenshot_383.png

EURGBP showed a rise towards 0.8362 resistace after completing the rebound from 0.8330. If not able to get through the resistance zone found one more fall will be seen before completing the decline from 0.8340, which is likely a terminal triangle pattern is formed, we expect strong support above 0.8321 cluster to finally bring reversal.

today my analysis to open position SELL at market watch on 14:37 in currency pairs Eur/Gbp with H1 timeframe and market position at 0.8375,
because if my prediction of several indicators in Cricket Scalper shows there is a OVERBOUGHT signal on the Eur/Gbp pairs
and Stoch(5, 3, 3) indicators are in position DOWN TREND and shows a OVERSOLD signal,
so the most appropriate order position is to perform open position SELL by placing a stop loss at 0.84 and take profit at 0.835

http://charts.mql5.com/3/386/eurgbpr...rectdealer.png
Date: 20-12-2013
Time frame: 1h
High and low prices
High today is: 0.8361
Low today is: 0.8329
Total pips today: 32
So buy from: 0.8353
Our target 1 is: 0.8399
Our target 2 is: 0.8456