The price is breaking out of the pullback resistance and could potentially rise to the take profit level. Buy entry is at 0.86825 which is a pullback resistance. Stop loss is at 0.86479 which is a level that sits under a multi-swing low support. Take profit is at 0.87433 which is the overlap resistance level. High Risk Investment Warning Trading Forex/CFDs...
#HOOKUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about HOOK. HOOK is making Bullish pennant and getting ready for a good Bullish wave. We can see gain here upto 30%+✍
EURGBP - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURGBP Entry - 0.8662 Stop - 0.8686 Take - 0.8613 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment!❤️
Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a few days ago started to trades in the range, where it first declined below the 0.8700 level, which coincided with the seller zone and bottom part of the range, but soon backed up, making a fake breakout. After this, the price rose to the top part...
as per my analysis , eurgbp currency now going to change as down trend for proper rejection at 0.87300 is my rejction level and stoploss 0.87834
🕛 TOPDOWN - Navigating a Sideways Consolidation Overview: This pair has been trading in a sideways range between 0.9501 and 0.8260 since 2017, establishing a considerable consolidation area. The monthly chart reflects a vast consolidation region, making it one of the most consolidated pairs in forex, lacking a clear direction. On the weekly chart, after forming a...
EUR/GBP is falling towards an overlap support and could potentially bounce off this level to rise higher towards our take profit target. Entry: 0.86547 Why we like it: There is an overlap support level Stop Loss: 0.85980 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Take Profit: 0.87199 Why we like it: There...
Price is in a downtrend, reaching our sell entry. It could breakout of the sell entry and reverse to the take profit level. Sell entry is at 0.86587 which is an overlap support level. Stop loss is at 0.86837 which is a level that sits above an overlap resistance and the 61.8% Fibonacci retracement level. Take profit is at 0.86017 which is a pullback support...
EUR/GBP is gaining pace and might extend its rally above the 0.8700 zone. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP started a fresh increase above the 0.8620 resistance zone. · There is a major bullish trend line forming with support near 0.8640 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: As we can see here price started to form higher lows and higher highs, so we could see a bullish market structure here. I expect upside move form here after price filled the imbalance and reacted from institutional big figure 0.86000. Like, comment and subscribe to be in touch with my content!
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.860 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair. ✅LIKE AND COMMENT MY IDEAS✅
In the current market scenario, the EURGBP pair appears to be undergoing a phase of consolidation following a preceding downtrend. The price action is forming a discernible flat bottom, a pattern indicative of accumulation, further complemented by a bullish divergence observed on the Relative Strength Index (RSI). Should the price breach the defined entry point,...
My dear friends, Please, find my technical outlook for EURGBP below: The instrument tests an important psychological level 0.8653 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8606 Recommended Stop Loss - 0.8677 About Used...
Looking for Impulse Down. EurGbp moving down soon. EG formed a bearish wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some time ago price started to move up in rising channel, where it first fell to support line and then made upward impulse. GBP broke resistance level, which coincided with resistance area, and soon broke resistance line, but later fell back. A few moments ago...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...