Price HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS. Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Swing Trade Analysis on H4 based on Order Block.
HTF shows there is strong bullish OB reaction so far. But price made a LH. Maybe it breaks the prev high after rejection from the current D Bullish OB. Note: The previous BOS to the downside hit the bullish OB, and we expected a RTI. That's where the LH was made. So the likelihood of a LL to follow makes sense. The dynamics of price flow and market sentiment...
After the recent low at 0.8450 zone, EurGbp has had a first leg up, reaching my 0.86 target. A correction followed and this seems to be over and the pair found a strong floor at 0.85 A second leg up could be underway and the pair can reach 0.8650 resistance Buy dips is my strategy
#EURGBP The analysis is done in the H4 Timeframe. The MArket is moving in a descending triangle. And pull back strongly from strong weekly support. At the same spot, we have a double bottom that is good price action for buy.
Here is my idea for this setup. stop loss: -25 pips if you are fancy put stop loss about 30-35 pips GOOD LUCK
I'm trying to place buy early. risk reward ration 1:5 good luck
Looks like price is ready for a swift rise in the coming weeks.
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
,The path of the Pound vs. the Euro is fairly clear from this point on. While the pandemic roll-out advantage of the GBP is currently wearing off, it's only a matter of time before a decisive-break down in this pair - advantage GBP. (the next Euro-crisis?) The Weekly; The Monthly;
Respecting the trendline and daily ema orange price going to fall to reach the 0.618 (possible double bottom)
Longing EURGBP Because I Am Selling GU.... LOLS!!!! Forex Is A Joke
Self explanatory. Here is the Daily
EURGBP has reacted nicely from a major support zone. We look for price action to enter here and aim for the key resistance level at the top.
EURGBP, Strong Support becomes Strong Resistance! Watch out Friends!