- Previous level of resistance broken - Above resistance - High Bullish pressure - after complete 50 or 61.8% retracement - wait for confirmation => BUY
This is a high probability set up. we are low on the curve on W TF, The bull clearly shows it's strength after hitting W demand zone. our zone is on the 4 hour timeframe. you could set 2 TP on this trade, TP1 is 3 to 1 and TP 2 just before the next high-quality supply zone. Drop a comment below if you take this trade
After the false break under 0.8750, EurGbp has risen aggressively and is trading now above 0.88. Now the pair is in a small correction/consolidation and I believe we will assist in a break of 0.8850 resistance and a rise to 09. important resistance. This scenario is valid as long as the pair is above 0.8750 I'm looking to buy.
Hello Traders, EURGBP has broke the above the key level. Now it is time to bullish momentum. We will be looking for a long trade when the retest occur. Our target is 0.92500 Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push like. // Write your comments and questions down here. // Before enter the trade please make your...
Following an impulse to the upside we should be waiting for a retest of the previous structure level. This would set this trade up for an amazing risk of reward ratio of above 3.
Hello traders! EURGBP could move higher? I'm expecting that this pair will go up to 0.90 level. Was high momentum, break consolidation levels. I will try to go long with pair every move. I will try to find Corrections and I will be waiting for another Impulse. DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, that the pair is very close to its 1st Resistance. It went up after consolidating for a lot of time and is now close to its 1st Resistance Let us know your views on this in the...
Currently EURGBP HOLDING SUPPORT LEVEL 0.8690$.Technical pairs have done correction downside from 0.94000 to 0.86900 8690 GBP will get weak coming days. 🛑SUPPORT/RESISTANCE ✅S1= 0.8690 ✅S2=0.8600 ✴️R1=0.8800 ✴️R2=0.9000 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
The price broke the Key level 0.87416 and continue to move up very fast. I don't recommend tho trade it now. Good buy entry will be only near the level. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Price broke resistance which is also our 0.618 daily fib level. Next target is the 0.50 fib level. 50 EMA serves as support. There´s also a strong bullish RSI divergence, which is a sign for a bullish trend reversal.
EUR/GBP for long after breaking wave 4 of an ending diagonal
Support protrudes 1.08 Resistance level 1.089 Getting out of the Rent will determine further movement. You can haggle off the level. or you can break out of the top level. Friends, thanks for your likes and comments! Good luck with trading!
I need to be more confident about posting my ideas. Just checked this idea and even I missed out! Let's see what happens after the next candle formation and see if there will be support or resistance. If a nice bullish candle forms then its conformation of support so we can try to get in on some pips! All I ever do is use simple clean support and resistance...
WAIT THE BREAK CONFIRMATION KEY LEVEL 0.87352 To BUY Place Your STOP under 0.8700 DISCLAIMER ON