🔆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.
Welcome . Euro pair against the pound. in a very negative state. With a head and shoulders pattern. There is a lot of pressure from the sellers to bring the market down. to 87,500 levels in the first stage. And level 87000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
let's see what will happen i'll update my aproach on this pair in the comment section at the moment i'm dealing with possible scenarios ... LOL
#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...
we had 3 good setups on these pairs that I hope will work as planned. what do you think?
Right now the only think I really know is that the pair is still going to grow for the following days. But the pressure os sellers is still very big, so be carefull about your decision. My particular opinion is that the pair will go up for all this coming week. What about you opinion? My mentor was Rafa S. Quiles from SauraScapital. Good luck.
Corrective moves is expected after a bearish rally from the pair yesterday.
eurgbp is in uptrend making higher highs and lower highs. Buy price, stoploss, tp1 and tp2 prices are mentioned on the chart.
Since all the technical evidences show that EURGBP is still bullish so we can look for low risk price to enter. I'm guessing 0.88300 could be the a good price for long position. . What are your thoughts on EURGBP?
Break & Retest Neckline Structure 4H + 1H Break & Retest Interior Neckline Structure 30MIN 50EMA 15MIN + 5MIN 200EMA 5MIN
hallo all i think eurgbp bullish there is possibility for continued with the trend
Dear Traders, We have an excellent buying opportunity on EURGBP as we had bullish momentum since last few days, we think price will continue the bullish trend until it reaches araa of 0.9090 which means in upcoming days we would expect GBP to weaken.
after the long setup that yesterday was uploaded, today I think that EURGBP is near a good demand zone for sell. I my self will take profit in R/R=3 automatically but you can wait until further tps (long setup that was uploaded yesterday now is on R/R=9).
Hello traders! ‼️ This is my perspective on EURGBP . Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 0.88000. ‼️Attention!!! Due to the fact that we have news on GBP this week, the analysis can be invalidated. Like, comment and...