I have an idea about eurgbp which is a swing in trend. I'm waiting to see what happens when the price reaches the black box. if there will be any retracement patterns like QM, I would go for a long position.
Price seems to be consolidating from a Daily perspective on EURGBP & seems to be heading towards the Daily support level.
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.
Hi traders, today we are looking at the EURGBP as buyers continue to hold out above a key level of support. This level has been in play since January 2023. The level we are talking about is seen at .8730, and it also runs down to .8720. This level is seen as a key level as if you switch over to the weekly chart, and you will also see this level clearly. It’s...
Immediately after mitigation, the market created a distribution phase which spiked out to collect the liquidity and swiftly broke out of the phase accordingly. The break out made a pullback to complete the chart pattern and aggressively reduced to mitigate the internal demand zone. This mitigation pushed up to the fair value gap which is now blocking the price....
Hello Traders, If EURGBP fail to break 0.87766 then we would expect bullishness from that level looking at the daily TF 0.87211 is our main lows on The daily TF and also it’s a fib 0.61 fib area… So going down to H1 TF zone 0.87766 Is also an area of interest which is also our lows on H1 still also a 0.61 fib level
EURGBP- we did not have a clear movement on this pair especially when both currencies have the same momentum demand and supply. We are expecting price to continue dropping until it drops to our area of entry!!!
eurgbp ideas nice trend line waiting any confluences , and waiting for market to do its thing first.
#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...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement at Fibonacci Level - 38.20% Break of Structure Completed " AB- wxyx " Corrective Wave and Making its " C - z " Wave Bullish Channel in Short Term also acting as an Correction and Rejection from...
THE previous impulse on EURGBP has seen a corrective triangle following. i will be selling the breakout of the triangle
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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.
price managed to break the pattern strongly to the up side you can either enter now directly or wait for nice retest
Price has Brocken above the descending channel and retested the bearish trendline, we expect price to continue bullish
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.
#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 EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now...