We are looking at a consolidating market and although we were able to trade within the range, when are we breaking out? Further more, how far? Keep an eye out. Please leave a like if you find this idea useful and comment below on what we could be expecting!
EURGBP is bouncing nice off the support and could give us 150-200 pips as long as it is above the 0.8970. Retrace after the swing down seems to be in terminal phase and GBPUSD could push lower faster than EUR.
EURGBP has met a strong resistance level from the W1 domain, trading with a channel formation, and later forming a sequence of HL struggling with the descending trendline, price is expected to test back that level for a downtrend continuation. A short entry from the retest of the trendline could be placed. The order: Type: sell-limit S/L: 22 pips - R:R | 1:2...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
i cant give prof for my analysis on this pair and am not going to jump on in it in any time soon cause there is too much chaos out there in eu zone and uk . heavily announcement so am going to set and watch my scenario and hope it help me to work on related markets
Stop 0.8997 with target towards 0.905, 0.9068, 0.908 and 0.912 A good sell will be from 0.912 for 0.88 and 0.87!
Buy at 0.90380 - 0.90400 or above Targets: 0.9600 - 0.9700
Good Evening Traders, The EURGBP may in the beginning stages of a break-out. Price has finally broken the recent resistance around .90000. This may now be a new area of support. I will be watching for a pullback to the .90000 region to see if price is rejected. At this point, long-entry consideration will be made. Thanks for reading. If you liked my analysis,...
EUR/GBP ANALYSIS 6/21 I have been following this pair for a long time now if you have been following me, you know must know how long I have been anticipating this sell off! I have called out EURGBP long from a post back few months ago Then after few weeks, i updated with this (I update my pairs frequently on telegram, NOT on tradingview) Looks like it may...
View On EUR/GBP (15 MAY 2020) It is in a strong BULL move and it can continue to do so. It shall easily swing to 0.894-0.9 region soon. At the same time, 0.877 regions will be a good support. Let's see. Do your own due d diligence (DYODD), All the best and Read the disclaimer. Feel Free to "Follow", press "LIKE" "Comment". Thank You! DISCLAIMER: Any...
SL: 0.88777 TP1: 0.90627 TP2: 0.92107 TP3: 0.93587
EURGBP will go short after the rising wedge kindly like and comment
as shown in the chart