This is my forecast setup using SnR. Im expecting the bullish momentum for eurgbp with the creation of HH and HL.
EURGBP is making lower low and lower high . EMAs can push the market in downward direction . SR SL TP are in the chart Result will be updated soon.
Buy if price drop back to demand TP : red lines SP under the LL
EURGBP has been consolidating in a range since the 17th of November after finding support at the 0.38 levels. Since support has been established at this level the price has risen twice whenever price has come down towards this area. The price has fallen from the top of the range and has started to stabilize around the 0.839 regions. The RSI levels on the 1hr chart...
This pair has been showing signs of an upmove. It ranges alot but eventually moves. We've been anticipating an upmove, but the entries have not been so fruitful. We see a buy setup forming which could turn out for an impulsive buy. Trade with care use a stop loss.
As we can see daily strong support zone is ahead also the price is receiving local daily support here and soon we can expect rise and local pump to our targets and resistance zones mentioned on the chart. DISCLAIMER: ((trade based on your own decision )) <>
This is my analysis. how about you? please comment like and share.. thx u
EURGBP is forming a sideways pattern at its lows and the technical picture favors one more leg up and a potential breakout. We open BUY orders at current levels (0.8400-05) adding more at 0.8380. We will set the stops below 0.8368 targeting 0.8430-35. If price breaks above 0.8430 on an hourly close we will buy again for 0.8470-80 target, setting the stops below...
Hello, traders This pair has the potential to go lower to re-test its support Confidence level? 75% Good luck :)
Given the decline of the euro and the structure of the waves at the end of the current downtrend, several scenarios are likely to continue the trend. If the euro can stabilize above the resistance range, we will see a continuation of the upward trend
As you see in the chart, price is bouncing in a consolidation zone, after dropping sharply. Obviously, we should wait for the sideway zone to be broken first: 1. Since the main trend is a downtrend, if the support level broken out to the downside, we can expect a further drop around 0.83 which is the next major low and also a support level. 2. On the other...
I see that the pair was conslidating for a while. and also price cant close above most recent swing high to the left I can also see wick rejection from the breakout telling me buyers are weak. im selling this to the next zone !!
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to do discuss about EURGBP. EURGBP is making Channel Pattern here. And now this is at the bottom of main Channel. It has maximum Chances that it can touch Price level 0.85 Keep in touch we will update further soon
This is my first idea The pair is in trend. We wait for the correction to EMA 50-100, trendline or resistance level.
My Idea On EURGBP . EURGBP potential continuation trend. This is just my opinion/analysis on EURGBP based on current fundamental and technical . Trading foreign exchange carries a high level of risk. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management. However trading is complex instruments and...
this is my analisys.. how about you? please comment, like, and subscribe.. thx u