EURGBP Intraday - We look to Buy at 0.8650 (stop at 0.8600) Buying pressure from 0.8690 resulted in prices rejecting the dip. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. Further upside is expected although we prefer to...
EURGBP I ntraday - We look to Buy at 0.8750 (stop at 0.8685) We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 0.8935 and 0.8960...
Bullish Butterfly pattern found. TP set 61.8% of A~D Stoploss set at 141% of X~A
What's going on traders! Currently, I have EURGBP on my watchlist. On the higher timegrames you can see EURGBP moving to the upside. On the 1h, we have recently broken out of a consolidation, which serves as a continuation pattern. I will now be waiting for a retest of the zone or 50EMA + Candlestick confirmation to buy this pair. Goodluck!
A nice head & shoulders starting to form, lets see if we can get the right shoulder and then the sell of period. Let me know your thoughts below!
EUR/GBP found a corrective low at 0.8689 as we expected and has started a new clime higher. The first minor hurdle to conquer is seen at 0.8814 and above here will confirm a full test of key resistance at 0.8866, which needs to be broken to finally confirm the corrective decline from 0.9499 has completed and a new impulsive rally to above 0.9499 is in...
Perfect enter point this morning on eurgbp. Risk/reward 1/8 i think it's time for eur to slow down, descending triangle ongoing
-HEAVILY OVERBOUGHT -OLD SUPPORT PRICE MET AS A RESISTANCE (PURPLE ZONE) -POTENTIAL DAILY TWEEZER TOPS & SPINNING TOPS
waiting for a daily close below the green line to short . otherwise buys are in play
was formired down cycle elliota i think open sell order with stop loss 0.87800
Currency Pair: EUR.GBP Time Frame: Weekly, Daily, 4hr & 1hr Predicted Direction: Short Actionable Trade: No EUR.GBP updates will be available in the comments section below. The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my...
EURGPB Update: Bullish As expected We have predicted this EURBBP lastweek as we can see in our lastweek analysis. The pair is going strong into our favor and we are still waiting to hit our target. This is an update only on our EURGBP Daily technical analysis lastweek. Stay tune and follow us for more analysis.
Price approaches 200 MA. It looks like bears will decrease the price to 0,80670. However, this prospect is not shiny.
On the EUR.GBP 1hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Bat setups. Bearish Bat Setup ( Light Blue ) - D leg completion .9188 Target 1 - .9077 Target 2 - .9008 Bearish Bat Setup ( White ) - D leg completion .9122 Target 1 - .9061 Target 2 - .9023
I've been short. Still believe there could be further significant correction mid to long term. (See related ideas for further justification of short and long). I would not go short at this level. Side lines or long is the only option, in my opinion, at this time. I've opened a small long position. This is a higher risk trade.
After a long wait & not rushing myself back into a forex trade the chart on AUDNZD chart is trending back in great buying conditions. Forex is seriously so crazy.... That;s why I've learned to be a opportunistic trader... If I don't see anything that catches my eye I won't force a trade. Wow the volatility with the Brexit has been crazy lately, kinda been...
Hello traders. Learning and developing my skills in FOREX. If i am wrong dont judge me :) But this is my opinion on 1H time fram With EURGBP . According to Fibs , MACD, RSI and some RES/SUP lines and a little opinion from PSAR trend should go up and Continue with ABCDE patters.