there is a good chance to see a minor upward trend in eurgbp and this MPL can reverse the trend for buyers
The #EURGBP had a bearish impulsive leg last week. On daily TF, it shows a high momentum. I expect a reversal at the support trendline of the channel back to the upside as correction this week. However, in a situation where price breaks the support, there should be more downward move and this signals end of the current uptrend. What do you think? share your...
We are currently on a bullish market So you know that in any market there must be push and exhaustion So we are currently at the end of the exhaustion phase We would be excepting a break of the previous LH (lower high) the a retest before going long
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EURGBP is a clear break of structure so i am looking for proper confirmition to buy from this area
Hello traders! ‼️ This is my perspective on EURGBP . After a change of character (CHOCH) price started to form higher highs and higher lows, so now we are in bullish market structure. I am looking for a long position if price continue the retracement and rejects from bullish order block + institutional big figure 0.88000. Like, comment and subscribe to be in...
If you followed my last analysis, we were expecting a breakout of the Box Formation. Which we have had, and the entry signal is strong. 7=21>200 RSI>50 Target 0.9312 It's on!
Had a very busy day and I was supposed to put out this Analysis for you guys, funny how I missed out on EG, but more opportunities will come. Nothing much to say here but stay tuned to my next analysis drop a Comment on what you think about this, and what pairs I should drop next.
Box Formation has formed on EURGBP. We have the 7 looking to cross above the 21 and already price is above 200MA. The RSI is above 50 and is making a bullish divergence. These are all signs that we can expect the price to move up and breakout. First target 0.9312
Price is moving within a channel and thats channel acting as a support and resistance. now here expectation to fall down and movement will be in within a following support and resistance if this structure followed by eurgbp will se a good bearish move
EURGBP hrly short shortstop @ .88055 TP #1 @ .87904 77.27% wr TP #2 @ .87707 52.27% wr SL @ swing high .88523 11.36% hr WR and HR % Determined by past trades on this pair in this time frame. More systematic trades like this are on my Profile.
Entry price 0.87301 by (Buy limit order) Stop loss 0.87209 Take profit 0.88555 RR 1^13
EURGBP has been shaping up for the next bullish impulse phase. Price impulsively broke out of the HTF reversal structure and made a bullish continuation structure to tell us more growth is possible. Thanks Trade Safe
eurgbp trade setup i m looking bearish reversal then we look bullish from demand zone join our community for more accurates trade setup
hello traders, eurgbp price is above 200ma, so we are expecting long position... price is currently at the support area 0.87, indicator showing oversold it may/may not test the support trend line, depending how aggressive the market gets initial target is 0.90, since we can expect HL at 0.87 and HH at 0.90 0.92 is last target since its the strongest resistance...
The following describes the recent price action: - bullish trend followed by - consolidation & formation of a double bottom. - price holding above the 50EMA. - an minor break out above the range. - pullback to the range held by the significant support around 0.8500. Since the preceding trend was bullish and price has been forming higher lows and highs, a trend...
Hello traders! ‼️ This is my perspective of EURGBP . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as we are in bullish orderblock + rejection from institutional big figure 0.88000. Like, comment and subscribe to be in touch with my content!
the EURO is expected to over power the POUND STERLING therefore we are expecting to go long on this pair