🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The overall structure is bullish, but the current phase is corrective. The low has already been confirmed, and an impulsive move with significant volume and valid momentum candles indicates a potential breakout of the narrow range in the bullish direction. 2:📆Monthly: A sideways to bullish market is...
Pair : EURGBP ( Euro / British Pound ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trendline and Retracement Break of Structure RSI - Divergence S / R Level Completed " 12345 " Impulsive Wave
EUR-GBP broke the falling Resistance line and while Struggling, still is making It's way up slowly so I Think that we will see A further move up !
According to my analysis of the eurgbp pair. There is a high probability of an ascending trend with the breach of the descending channel. And breaking the strong resistance at 0.85400. good luck for everbody
On Monday, the pound reached its highest level against the euro in 10 months, at 85.25 pence, as investors await the British inflation data and the upcoming Bank of England decision. However, the currency pair quickly rebounded to the support level of the previous week, at 85.42 pence, but is perhaps now tracking down again. In recent weeks, the sterling has...
✔️ EURGBP is expected to rise ✔️ Recommended to consider buying from the balance and premium level 0.8560 & 0.8536 Trade active: Now try to go up with new buyers... ⚠️ Buy the dips!!!
EURGBP created a double top at the kill zone and psychological level at 0.86000. Price is moving in the descending channel, and it pulled back to the level where it dropped from. We anticipate a sell off and a bearish move since the trend is bearish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Dear Traders, We have good buying opportunity on EURGBP, expecting EUR to be over the long term view and expecting GBP to be bearish over the next couple of months. Price currently in accumulation phase and it will drop to our 'point of interest' before it moves up. LIKE AND FOLLOW FOR MORE. Take care and much love!
EURGBP broke and closed below the consolidation zone following a massive sell-off. Price move is in the descending channel. The market is printing a potential AB=CD pattern. We anticipate a retest of consolidation, then sell the market. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
in terms of big trend the H4 pair is still in bullish. short analysis that I describe is the analysis if there is a trend correction. as long as the price does not rise higher than the invalid area then the possibility will still be bearish by forming a complex correction wave.
Hello traders, We can see that price has formed relatively equal lows and highs which is famously known as sell-side and buy-side liquidity. What price is likely to do is hunt both liquidity pools because there would be buy/sell orders, stop-losses etc. The market is more often than not going to go after the buy/sell side liquidity, thereby stopping so many...
Hello Traders, EURGBP is in an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect price manipulation in the blue box which is my area of interest to look for a long setup. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's...
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.
Hello Traders, EURGBP has entered into an exciting zone, which is a weekly FVG (yellow box) and has reacted. I expected the price to retrace into the blue box which is my area of interest to look for a long setup. This happened on Friday and my long setup didn't come. However, I was expecting price to go deeper today to take out induced early buyers. Hopefully,...
#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...
EURGBP entered into a bearish period, seeing the wave form included in a complex correction wave, a bearish channel was also formed, there is a possibility that in the next few weeks it will still be in a complex bearish period, marked with a fairly high price range but unable to form a new HH. if the wave count is correct, there is a high probability that this...
Hello Traders, I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating. EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before...
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!