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
Preferred direction: SELL Comment: At the end of last week, gold reached a new high; now the instrument is most likely to undergo a correction. A short-term decline will be generated with the help of current buyers who trade for a breakout. On a more global scale, gold is trending higher. Thank you for like and share your views!
Preferred direction: SELL Comment: Here the strength of the dollar still remains the same. Within the current week, we can expect not only a re-test, but also an update of local minimums. Thank you for like and share your views!
Preferred direction: SELL Comment: The context for the sale remains despite the momentary strengthening of the buyer. Considering the current situation, we cannot rule out an approach to 1.06318, after which the instrument will most likely continue to move towards a more global downward trend. Thank you for like and share your views!
EURGBP is not the most trending currency pair, but I do believe are some momentum plays. They're slow to form, like taking all of last week, but the trend change does spell some opportunities. There are two key points that signalled the reversal and hold. Price broke above a consolidation that I marked for a reversal change signal. Shortly after the neckline...
EURGBP has broken out of the range and created higher market structure on the daily time. In addition of price about to break higher than the last swing high, weak fundamentals came out from the UK and are likely going to impact the pound negatively...
EURGBP Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 0.87376 Stop Loss: 0.86904 TP01: 0.87848 TP02: 0.88792 DWR present as a buy setup on 27 OCT, with Channel and Pivot are green bouncing off weekly pivot However, trade is not taken/considered SPX500: SELL DXY: BUY OIL: BUY GOLD: BUY
Preferred direction: BUY Comment: Trading continues at the level of 1.05700 for the currency pair. The probability of a fall remains and it is greater than assumptions about growth. Most likely, a false breakout will be formed upward at this level and after that the price will go down. Thank you for like and share your views!
Preferred direction: Neutral Comment: Buy-priority for metals remains, but is no longer as obvious as before. However, we continue to shop around. In the very near future, the price is expected to roll back towards the level of 1952, from where buyers will most likely attempt to update the maximum, as we noted earlier. Thank you for like and share your views!
Preferred direction: SELL Comment: Saving the ECB rate at its previous value was not a surprise; the market reacted calmly, but statistics from the United States, which exceeded all expectations, on the contrary, forced the market to move. Against this background, the euro continues to weaken, and technically, the strength of the US dollar can also be seen. ...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Daily chart Current trend is bullish, just broke above the 0.870 significant level. H4 chart A pullback to 0.870 region is in progress. IMO a bullish continuation to the next significant resistance 0.885 area is likely. Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades....