It can be seen that the strength of the buyers is still seen dominating in the last few candlesticks. If in the next movement pattern the confirmation to the buyer has been fulfilled. The market movement will be higher
2 The simulation will have a very large impact in the medium term, in the D1 period it is seen that the possibility of movement can be 0.865 as a reference for a breakout or fake breakout. I still believe that a positive trend for EUR will occur.
it seems that the strength of down-trend is getting weaker and it's suitable for Buy (Long Position)
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
EUR/GBP has reached a strong Support that has held all year, on the 1HR I see a double bottom formed at the bottom of the support. I suspect that the support will hold for now and price will move up a bit. I will wait for 1HR candle close to place a limit order to buy on the retrace of the broken neckline. This is not a signal, I'm still learning and it is just...
Eur/gbp, currently on support level. I will probably take buy postions as soon as the market shows another green candle.
Hi fellow traders, EURGBP looks ready for a move higher from the blue box area. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
#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...
OANDA:EURGBP EUR/GBP, nearing major support rapidly. I will probably take buy postions as soon as it shows bullish momentum at support level.
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: As I said in my previous analysis, I was looking for a short if price takes buy stop liquidity, fills the imbalance and rejects from bearish order block. All of these aspects were confirmed, so I opened a short position. Like, comment and subscribe to be in touch with my content!
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.
Potential buy on EURGBP, trading above 200 ema and bounced off support zone. could see some upside from here SL : 0.87565 TP1 : 0.8823 TP2 : 0.8860 TP3 : 0.8890
#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...
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 shorts. I expect price to continue the retracement to take buy stop liquidity and to fill the imbalance after that to reject from bearish order block. Fundamental analysis: We have news events on GBP...
Here is my view for EURGBP on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP instrument shows ascending triangle pattern at 1H TF. TP1 and TP2 are easy targets provided resistance break and based on the projection.
EURGBP is expected to buy to completer the cypher pattern at 0.786 fib at poinD. EUR GDP is expected to drive eur to recover
EURGBP is expected to go long to complete the bat pattern at 0.88540