EURGBP is making higher lows and higher highs. The market broke and closed above the psychological level of 0.86000 that became support. Price printed engulfing candle at confluence level is an indication of the bulls dominance. We anticipate a pullback to support and continue the trend. ------------------- Share your opinion in the comments and support the...
Hello traders, we want to check the EURGBP chart. The price has broken a range zone to the top and hit the ceiling of the pullback range channel. We expect this level to play the role of a support level and maintain the upward trend of the price. We expect the price to grow around 0.86300. Good luck.
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower. Fundamental analysis: This week on Thursday will be released Bank...
Structure CHoCH on H2 Occurred. Market Induced Early Buyer to Build Internal Structure Liquidity. Lets Expect Price to Come to Tap Our POI Zone. Wait for MSS (Market Structure Shift) on M5/M15 Then Enter!
I am expecting a continuous rise for EURGBP has it has tested support already, there is a breakdown trendline and a pullback is made already. So till Monday to see it play out l.
The EURGBP long bullish idea is supported by two key technical indicators: DOW breakout and bullish divergence. DOW Breakout: The EURGBP currency pair has experienced a breakout based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakout in the DOW can potentially impact the EURGBP pair,...
😇7 Dimension Analysis - Daily Time Frame: Identifying Potential Reversal Opportunities 1: Price Structure: Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, but weakness is evident with an inverter hammer and a doji candle formation. Inducement is completed, and the price has changed its character. A liquidity sweep...
After last week this pair shows a strong bullish, next week there is a possibility of a bearish correction with a target in the SR Flip area where the area is parallel to the Fibo Retracement notation 0.382. the possibility of a strong price will go to the area before continuing the bullish trend again
H4 - Strong bullish momentum. Higher highs. No opposite signs. H1 - Bullish trend pattern. Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I see price to reject from bearish order block + institutional big figure 0.86000 after filling the imbalance. Fundamental analysis: Tomorrow we have news on GBP, will be released yearly...
EURGBP is bearish and is currently retesting weekly overall trend is bearish daily is bullish 4hrs is bullish with entry confirmation
The market reached main support and it formed a range. Price could not update its lows. Instead it created a strong divergence at support level . As you can see it made impulse move down then rejected the support and made impulse move up. I expect the price goes to resistance and beakout of the channel. I think price may go to resistance level which is 50% of the...
Zone still looks strong enough to be broken, price movement still allows for further decline. However, if the area at the price zone 0.8567 is broken, there is a stronger possibility for bullish presence. Trade Active with 1:3 RR ratio
there is a high chance that price will reverse still not jumping on the trade until i feel the presence of the agressive sellers keeping an eye on it
M Formation has been in the making since 19 August 2022. The price then broke below the neckline, restested and is now showing a ton of downside to come. We have other indicators showing bearishness. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity Order Block is clearly shown (green box) Smart Money sells into positions (and...
if the price does not fall more than the SnD and can break the bearish trendline, then the trend collapse is confirmed and the pair is heading to a bullish trend. if you see a bullish candle and rejectioan in the form of a doji when the price touches the SnD, this is one indicator of a reversal.
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for longs. I expect bullish price action from here as we can see that price filled the imbalance and mitigated the bullish order block. Like, comment and subscribe to be in touch with my content!
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