bagdisb

bagdisb

Hello, I moved both SL to area where red line is to protect positions with some profit (1. 107 pips; 2. 10 pips) I can see that selling pressure is not so strong at the moment. Let's see how the chart reacts and what will show us. We need some more signs to keep selling it. Be patient and the chart will show us the way where the chart is going. DISCLAIMER: ...

bagdisb

Hello again! We can see clearly that price retested 0.92 level (marked blue) and i open another sell position with 5:1 risk ratio. Previous position break-even SL was moved to 70 pip profit, so if the price will go against us we will be in profit anyway. Let's see how it will develop. Have a great evening guys! ;) DISCLAIMER: Any opinions, news, research,...

bagdisb

Hello, Quick update. We already in 100 pips profit, the perfect time to move SL to break even and wait another confirmation to sell. You can see in the chart what move I'm waiting for. If it will repeat my analysis I will open another SELL position 5:1. Wait for confirmation! Be patient and remember the long term situation in the chart. DISCLAIMER: Any...

bagdisb Updated 

Hello, There is a good opportunity to SELL this pair. At least 3:1 risk management. Good trend line structure and how momentum reacts. If it brakes structure we will start looking for BUY opportunities. Don't forget it's a risky entry because in long term EUR should reach 1.10 price, the chart can go against you, follow the trend. But if you like me, you can...

bagdisb

Hello, I hope you are well... We can see clearly in the chart that the last drop (red) was stronger than this move up (orange). We reached a 0.93 round number. There is a big probability that price will react to this level and we will see another impulse down from where I will start looking for BUY opportunities. Let's see how it works. ;) DISCLAIMER: Any...

bagdisb

So what we can expect from EURGBP in the upcoming week? We already now that EURGBP should go long for a few more years (based on Monthly analysis). The main key is to find levels from where we can buy EUR against GBP. In my opinion, at the moment we have to wait till correction will finish form a pattern and wait for signals, breaking patterns and etc. So I will...

bagdisb

Hope you are well. My opinion on EUR/GBP pair. Monthly chart. The weekly chart in description. Black line - main chart line. Purple line - supporting chart line. AC ; BD showing us uptrend channel . HH and LH . HH LH AB length = CD length (CD is almost equal, around 200-300 pip different.) AB length around 3000 pips and it took around 5 years. CD...