Here we have EUR/GBP on the 4Hr Chart in a beautiful textbook example of a Consolidation Rectangle Pattern! Clearly respecting a Resistance @ .87403 and Support @ .86829! Accompanying price on my chart is the 200 EMA with price ABOVE it showing it has been BULLISH with the dirty test prior to the pattern. Along with the Bollinger Bands showing CLEAR signs of...
Take a look at that huge rising wedge pattern on EURGBP on a daily time frame. This week, the price formed a head and shoulders formation within its boundaries. Yesterday, the price formed an imbalance bearish candle and violated both the neckline of the pattern and the support of the wedge. It signifies a change of character on a pair and a highly probable...
Massive bear Weekly Close breaking a 4 week support Next week we'll be looking for a price pull back to test the resistance and if rejected then we're all set for to short eurgbp Support trend line also broken. Next week look for validaton of those support lines becoming now resistance levels
Preferred direction: SELL Comment: The previous trading idea for the British currency also worked out and at the moment a short position is being considered again. At the level 1.22370 there is pressure resistance, at which a downward reversal is expected. Most likely, the instrument will try to grow slightly beyond this boundary, and then fall to local...
Preferred direction: SELL Comment: The previously published trading idea for the Euro remains valid; we are right at the area considered for sale. Tomorrow the long-awaited non-farm is expected, which could serve as a trigger for a fall to the current lows. Thank you for like and share your views!
EURGBP previouisly broke above this level and now wants to retest this. If it fails then it could go down to at least "0.86131" to take more orders
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EUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86869 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.86530 which is a level that sits under an overlap support that aligns with the 61.8% Fibonacci retracement level. Take profit...
The #eurogbp has two good buying opportunities ahead. The first station is at 0.85460 and the second station is 0.85550 Make the most profit with the least amount of loss. Good luck
Preferred direction: SELL Comment: TPrevious trading ideas for metal worked well for shorts. Before the Fed meeting, this mood continues and a fall towards the level of 1952 is expected. Regarding metals, it is expected that the dollar will strengthen. Thank you for like and share your views!
Long EurGpb: H8: Buildup with trendline Entry: 0.87 Stoploss: 0866 Target: 0.883
Preferred direction: SELL Comment: During trading on Tuesday, the euro dipped significantly against the backdrop of American labor market statistics. At the moment, it is most likely that the currency pair will move into the flat. The expected movement ahead of the Fed meeting is downward. Thank you for like and share your views!
As you can see, the price penetrated the bearish order block. Now we need LTF confirmation. I valid ChOCh occurs in 5 min. then we can buy. Please pay attention to details. 💡Wait for the update! 🗓31/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Here is the trick, one way or the other this pair daily candle will close bearish. Short from 0.8740 target 0.869. Use proper risk management. Icrackedthealgo
Entry : 0.86566 SL : 0.86289 TP :0.87910 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Entry : 0.87373 SL : 0.87023 TP : 0.88544 RRR : 1/3.3 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Potential breakout continuation pattern shaping on EURGBP