EURGBP hitting demand zone levels and gearing for a rebound back up. Exit at 2nd supply zone.
FX:EURGBP Currently we can see that this pair is in a downtrend and could still keep pushing down although, I am currently in a short position on this pair, But we could also see price reject that support level and head back up. So lets just see how it goes
List of confluence: 1: Breakout and retest of Key Level 2: Change in market structure from bearish to bullish 3: Trendline breakout
Hello traders! ‼️ This is my perspective on EURGBP. Here I have already opened a long position as price took liquidity below previous daily low and mitigated bullish order block. My target is previous daily high and bearish order block. Like, comment and subscribe to be in touch with my content!
EURGBP has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
Waiting for confirmation of entry at 0.88250 to long EURGBP back to key 4H level at 0.89128 If you agree drop a like and if you have any questions leave a comment :)
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The EURGBP formed a Cup and Handle recently, broke out of the brim level, then went right back to retest. Buyers and sellers are consolidating but looks like with the higher lows we could see buyers win.. 7=21>200 RSI>50 Target 0.9312 SMC Warning If you look back you'll notice a LARGE candle with a big wick. This is where Smart money came in and took out all of...
i take buy limit on this trade, after their done with correction think it will gonna make a new Higher high at the and of line TP FX:EURGBP
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
On 4h timeframe I can see that price is coming close to the previous resistance, now support. If we see trend reversal on 1h TF or 30min we can try long position with SL just under support AOI.
EURGBP is in bullish trend at 1h timeframe printing HL's & HH's we placed a buy limit at fib 0.38 with the SL at previous HL
FX:EURGBP As we can see that FX:EURGBP has has finally retested it's 4hr support this area has been tested multiple times before now so we are anticipating that price is going to reject that level and continue to push back up. Then we can look for our entries and ride along with the trend
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Yearly A confirmed UPtrend makes proper high and low after the last valid low price is on their above equilibrium a clear flag pattern is also here, and wick offspring also confirm themself 2:📆Monthly: bearish trap at monthly lows and long wick and big Imbalance area at the above side, so the price may...
👩🏽💻Technical: Higher time frames suggest strong Euro power against GBP by trending above MAs, with the daily aiming to break the channel with a bullish engulfing candlestick. 🎯 For an ideal entry: The price must confirm a strong enough bullish bias by breaking MA's on the daily and the channel on LTF. Push> exhaustion + bullish pattern confirmation for a super...
now we have to wait eur gbp break an uptrend and retest trend line and now going down so we will wait to reach the next support and buy it or it reach the resistance again in this case we will sell it
Price may potentially drop to complete a bullish flag on a bigger time frame. Idea is to scalp the shorts before a strong bullish trend
Euro continues to rally against the pound. Exit at 2nd supply zone.