Hello Traders! I'm looking for a long trade on EURGBP. I see that FVG is partially closed, I expect it to be fully closed and after that, I will look for a long entry in case of confirmation. Also, it could be a good opportunity to look for long trades in a smaller timeframe. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share...
EURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the...
D1 - Price is bouncing higher from a key support zone. Bullish divergence. H4 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
There has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identified
Detailed EUR GBP forecast as well as a Euro British Pound technical analysis via moving averages, buy/sell signals, and common chart indicators.
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
The price moving near 0.8546. As mentioned in the price chart order block area is good for buying which is near 0.8510. If the price respects this zone and makes a bullish price action structure then initiate long positions. Good Luck.
EUR-GBP is making a bullish Rebound towards the horizontal Resistance level of 0.85686 And after the retest I believe We will see a bearish correction !
I've just gone LONG on this pair for the following reasons. We've hit WS1 support pivot level and price is now moving away from it. RSI on H1 was under 30 and now its reading 35.45. MACD is still lagging behind but the BEARS strength has reduced significantly. The Andean Oscillator was at zero and has now move away from zero with a reading of .00008. Price has hit...
Pair : EURGBP ( Euro / British Pound ) Description : BEARISH CHANNEL as an Corrective Pattern in Long Time Frame Completed Impulse Correction Impulse RISING WEDGE as an Correction in Short Time Frame and Rejection from Lower Trend Line BREAK OF STRUCTURE and Completed the Retracement at Demand Zone
beautiful potential setup on eurgbp. i combined some SMC and Price action for this one follow me i post setups daily !
EURGBP exhibits a positive technical outlook with a double bottom formation, signaling potential bullish momentum. Look for a bullish entry point after a breakout from the falling wedge pattern, confirming a favorable trend reversal for strategic trading opportunities.
I am taking this long scalp trade. I see a bullish divergence on H1 and H4 tf. Actually is trying to break out from H1 trendline, if it can retest it and hold, we could see the target reached in some hours. I reccomend to put stoploss at break even if we get at least 15 pips of profit
The EURGBP has shown a downward trend, with its current movement suggesting a retracement. There might be a chance for a potential short trade if it retraces into this 4-hour order block. Remember, this isn't financial advice; it's purely educational content.
🕛 TOPDOWN - Navigating a Sideways Consolidation Overview: This pair has been trading in a sideways range between 0.9501 and 0.8260 since 2017, establishing a considerable consolidation area. The monthly chart reflects a vast consolidation region, making it one of the most consolidated pairs in forex, lacking a clear direction. On the weekly chart, after forming a...
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...