Categories: Technical Analysis

Intra-day sell opportunity in EURGBP

According to the higher time frames (monthly chart) the pair has more to offer to the down side. So we are looking for sell opportunities. One could be found in the combination of the H1 chart and the M15 chart.

Technical Overview:
MN:

Entry:
M15: Wait for the price to complete the hidden bearish divergence near the H1 down trend line and look to sell.
Target 1: 0.7390
Target 2: 0.7350
Target 3: 0.7180
Stop Loss: above 0.7430

Video Analysis:

Yours,
Vladimir

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.