TARGET: 24 TP1: 0.87705, TP2: 0.87826 SL: 0.87237
EURGBP Timeframe: 1D Direction: Long Confluences for Trade: - Price close to support of Parallel Channel - Price close to Horizontal Support Trendline (since May 18) - Stochastic Overbought momentum (D1 & H4) - Gap between 8EMA and 50EMA very wide - Fundamentally, Brexit story continues. Suggested Trade: Entry @ Area of Interest 0.8660 - 0.8715 SL: ...
Price Gave us a strong bearish engulfing candle on the retest of the broken up trend line. I`m going short.
expecting a bullish turn here, we might extend all the way to 127.8 before turning. any 4hr candle that breaks below 128 and closes there, invalidates this idea.
EURGBP IS LOOKING GOOD FOR A SELL GOOD RISK 2 REWARD ALSO
2018-10-29 EURGBP H4 SELL 0.8870 AND 0.8910 STOP LOSS 0.8950 TP 0.8850 TP 0.8830
Bat formation potential high. We have to wait for entry to point D. Let's not open the transaction before the formation is complete. The goals are indicated on the chart.
EURGBP make Bearish Flag pattern Trade safe Take profit
2018-10-11 TREND ANALYSIS EURGBP H4 BUY 0.8735 STOP LOSS 0.8680 TP : 0.8760 TP: 0.8780
EURGBP / REBOUND? No change from our point of view, the expected rally should be considered as a corrective structure (technical rebound), and then we expect a new bearish leg.
Price broke the downtrend line with a very strong push within the uptrend line of the daily chart. Now, it gave us a strong pin bar located between the 50/61,8% region of Fibonacci retraction. I`m going long.
FX:EURGBP TECHNICAL CHART Price may up from here
We have been receiving a lot of requests about EURGBP analysis. We have shared a triangle breakout pattern last week. The trade idea hit the targets as predicted. As seen on the H4 Chart timeframe, the pair completed a Bullish White Swan harmonic pattern at D – 0.89380 – and ended the week at 0.89570. The pair tested the ascending trendline and reacted. We can...
EURGBP now in multiple resistance zone. If Price Break then level then goes up for next target zone.
EURGBP analysis as shown here is based on Elliott wave analysis. The 4hr timeframe of the EURGBP as shown below from May 17, 2018 to market close (Friday, July 20, 2018) is corrective with a 3 wave price swing (zigzag Elliott wave structure) between the mentioned dates above. Price levels to watch include the 38.2%, 50% and 61.8% retracements of the upswing....
EURGBP Goes up for next resistance point