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.
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...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block. Fundamental news: On Thursday we...
Price will tap in to the bottom trendline of the pattern formed and move towards completing 90% of the pattern on the daily timeframe. However, if price breaks the bottom trendline to reach the previous weekly support area, then it will tap in to that liquidity and price will potentially shoot upwards to complete 90% of the pattern formed on the daily timeframe.
It has come out of the downward trend and has gone above the resistance
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 want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Tomorrow we'll see results of yearly CPI on GBP Like, comment...
FX:EURGBP Hello friends, I have identified the formation target, entry zone, and stop level on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
I see eurgbp now in a weekly support after long bearish movement i think the price will go up from here 🔼 EURGBP - BUY NOW - 🔼 AT : 0.8520 ❌SL : 0.84533 ✅ TP 1: 0.85702 ✅ TP 2: 0.85942 ✅ TP 3: 0.86235 ✅ TP 4: 0.86602 ⚠️VERY SMALL LOT SIZE THIS IS LONG TRADE SO SL IS BIG⚠️ GOOD LUCK TO EVERYONE ❤️
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
We expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
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.
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 want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.86000. Fundamental news: On Thursday will see results...
Hello Traders, here is the full analysis. Watch Potential bullish reversal levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
EURGBP looks like a buy/long from here touching the main support trendline and seems to be ready for a full reversal for the next few weeks. I advise proper risk management with proper risk/reward size you are seeking. I have posted below the inputs for entry, TP, and SL numbers. I will continue to update and start providing full breakdown analysis on these...
Hello Traders, here is the full analysis. I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your...
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
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for short. I expect price to reject from trendline + 0.618 FIBO level + institutional big figure 0.86000. Like, comment and subscribe to be in touch with my content!