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
Price has Brocken above the descending channel and retested the bearish trendline, we expect price to continue bullish
EURGBP - Interesting! Break above there's nice target areas of .98300 - .90000 areas Stops below .87500 areas Best, TJ
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.
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EUR/GBP ... This is not signal... Dont risk more than 3% of your account on any trade...
Using 200ema and ichimoku Turns up trend on 1 hour time frame Easy trade Good luck
Intraday bias in EUR/GBP remains neutral and further decline is expected with 0.8674 resistance intact. Break of 0.8545 will resume the fall from 0.9267, and target 61.8% projection of 0.9267 to 0.8647 from 0.8827 at 0.8444 next.
50 pips. before entering on that level be sure we have confirmation, or our demand is on our 2nd line.. Congrats... lets goo 2023!!!
Congrats to those who trade this pair. Just observe 2 Support zone. make sure you wait for confirmation on LTF that makes BOS and price back to our POI. this pair makes 60 pips.. Trade base on your own decission. Thanks to my new followers. Keep Grinding guys. Lets goo 2023
Price is correctively moving to top of HTF correction. Sell the breakdown. Thanks Trade Safe
We can see the W formation that formed yesterday and today and it broke the support zone and now rejecting to the trendline, which I expect to now go to the resistant zone and sell to the 0.86900 zone.
The price has been forming a falling channel for the past few months and it is currently at the top trendline of the channel. I am anticipating that the price might break out of the channel and continue with the bullish momentum. I will wait for the price to break out of the channel and retest the zone so that I can enter my signal. Entry point at 0.884, S.l at...
$EURGBP - UPDATED CHART This is an updated chart from the last EURGBP We was within range and now we have broken towards up side. We had a Dovish BOE, ECB - Revision on inflation lets see what Largarde has to say... I am long EURGBP 1/2 size. Broken to upside, be careful we do have it within this channel /trendline down is key break above that bulls are...
I came up with this idea because on 4H chart there is a pattern formed already. My idea is that EURGBP will hit at least 0.8770 .As a second target i will set 0.8805 and as a third target 0.8835. I will risk 0.33% for each trade , we aware risk on your own!