Thread: Eur/Gbp
Given a pair EURGBP on the H1 chart as yesterday and started writing ****ually strengthening the upper hand, just stop at 0.8577, target at remains at 0.8625 so far everything is going according to plan, a long term goal will be at 0,8665 there will be strong resistance and a figure head and shoulders of the waste, and then expect a strong decrease down.
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The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair are on limited bullish trend. It may continue if the price still traded above the pivot level. Try to find good support and set Long order on it. Today SNR :
R3 : 0.8642
R2 : 0.8625
R1 : 0.8615
Pivot level : 0.8597
S1 : 0.8582
S2 : 0.8567
S3 : 0.8558
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we can see in the weekly chart
the pair trading down the 50.0
I see the pair will go to down way to 0.8282
rsi refers that the pair will go down
so our target sell from 0.8598 and our target will 316pips
Good luck
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Hi,,
in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 0.8627
I expect from this analyze that the price will go to up way
so buy from 0.8598 to 0.8627
good luck
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hi we can see in the 4h chart the pair can close up the up trend line
i see the pair will go to up way to 0.8696 rsi refers that the pair will go up
so our target buy from 0.8596 and our target will 100pips
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we can see in the 1w chart
the pair trading down the 38.2
I see the pair will go to down way to 0.8377
rsi refers that the pair will go down
so our target sell from 0.8596 and our target will 290pips
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we can see in the 1h chart
the pair will go up to fibo 50.0
I see the pair will go to up way to 0.8644
stochastic refers that the pair will go up
so our target buy from 0.8602 and our target will 42pips
Good luck
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eur/gbp market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 16.38
+di : 18.91
-di : 10.89
adx(14) levels
adx : 20.41
+di : 16.41
-di : 7.85
time : 1500
date : 23.07.2013
timeframe : 1 hour
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I think on the pattern of breakdown / reversal. On July 23. In a pair EURGBP, now after the fall and rebound of support is at 0.8581, and now a major player does not sell, and yesterday despite the drop in volatility selling, all that seems to be a battle for the level, and also in the last days it is not clear for the last two TD days of support 0.8581, resistance 0.8611, 0.8607 frame, volatility in the last 7 days 1.50, I think that would be a reversal and growth. Justification of the forecast - otstutstviya chosen taking into account the trend.
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today i like to sell this pair @ 0.8593
my stop loss of the day @ 0.8613
half take profit for today @ 0.8580
and further half take profit @ 0.8567
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