There has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identified
GBPEUR's Aroon Indicator triggered a bullish signal on February 02, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock...
I had my analysis, market seems to break lower lows, and changes its trends to Long side, but it is not what it looks like. Price has made liquidity in h4 timeframe, and the price has approached the Supply zone. You can go short rom here and manage your stop losses accordingly.
#Happy_Trading
Overall market direction is bearish, The monthly pivot seems to have broken on the daily at least, likely its going to touch the wedge or bearish flag tp, if all breaks then tp3, we need a solid break of 4h support to confirm this trade 100%, but I feel like the patterns are already enough to push this through. 😊✅
Hey Traders
I believe EURGBP has a good chance to continue moving up to re-test the previous area of resistance, overall market direction is bullish. Today's eur retail sales did not influence the market too much, I feel the trend will continue moving up since we had strong breaks of moving averages.
✅ EURGBP was able to make a Bump-and-Run Top Pattern .
🔨 EURGBP Broke the support line a few hours ago, and now it is on the Run phase of the Bump-and-Run Top Pattern.
🔔I expect the EURGBP will fall at least to the 🟢Support zone🟢 in the next hours.
Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your...
Hello There!
Welcome to my new analysis of GBPEUR. Since GBPEUR formed the major top last month August 2023 it heavily emerged with bearish momentum towards the bearish direction and has not yet recovered since this battered price-action inclinement. Now a big consideration is if GBPEUR finally develops a crucial continuation formation and if the bearish...
Hello Traders Investors And Community, welcome to this analysis where we are looking at GBPEUR 4-hour timeframe perspective, the recent events, the current formation, what to expect and how to handle upcoming price-action in the right appropriate manner. GBPEUR was in a protracted downtrend where it stopped recently at the 1.09 level and now forming somewhat of a...
👉EURGBP @ 0.8564~ SELL
📍 SL - 0.8644
💰 TP1 - 0.8544
💰 TP2 - 0.8504
💰 TP3 - 0.8404
Hey! Everyone 👋
Currently in a 4hour squeeze at the moment, EUR is being sold off against GBP, we also have a 15 minute triangle pattern that is broken and in favour for the bears to step in. 1 Hour bounce off 200 moving average + the overall market direction being bearish is...
GBP/EURO – Maximising Your Euro Holdings
This chart could be used for perpetual swaps or could be of value to those looking to maximise their Euro holdings by positioning them temporarily into Great British Pounds.
The RSI and Parallel channel have been brilliant indicators of when to long and short the Great British Pound ("GBP") in Euro. The 200 week SMA...
EURGBP has been able to form two reversal patterns in the daily time frame.
The first pattern is the Ascending Broadening Wedge , in which the EURGBP has managed to break the lower line of this pattern.
The second pattern is the Head and Shoulders Pattern , which was the first sign of the Ascending Broadening Wedge lower line breaking.
🔔I expect EURGBP to...
Hi everyone👋.
EURGBP managed to form a Bullish AB=CD Harmonic pattern in the 🟢 support zone(0.874 GBP-0.8718 GBP) 🟢.
💡 Confirmation sign of point D of the bullish AB=CD Harmonic pattern:
Forming a Three White Soldiers👩🚀👩🚀👩🚀 Candlestick Pattern .
Regular Divergence(RD+) between points D and B.
The StochRSI indicator shows us the end of...
EURGBP has attacked the resistance line several times, but it seems that the 💡sign💡 of the failure of this attack can be the formation of the Evening Star Candlestick Pattern on the resistance line and near the 🟡 Price Reversal Zone(PRZ) 🟡.
I expect EURGBP to fall to the 🎯targets🎯 I specified in the chart; I also shared a short position with RR=2.28 with you,...
EURGBP was rejected by the 🔴 resistance zone(0.886GBP-0.8852GBP) 🔴 and resistance line .
Also, the EURGBP reversal signal is the Bearish Engulfing Candlestick Pattern.
In addition, Hidden Divergence(HD-) can be seen between two consecutive peaks.
I expect EURGBP to decline to at least 🟢 support zone(0.874GBP-0.872GBP) 🟢.
🔅Euro/British Pound Analyze...
Big trend reversal chance in GBP - but currently on thin ice - on very thin ice - on very very thin ice - on very very very thin ice ...
Things are going haywire in London - politically and/or in terms of market price actions.
The pound has been falling for weeks and has come back very well in recent days; after the cheapest exchange rates historically!
The...
Euro/British Pound was able to make an Ascending Broadening Wedge Pattern.
I expect Euro/British Pound will go down at least to the lower line of Ascending Broadening Wedge Pattern.
We will have two scenarios when Euro/British Pound touches the lower line(everything is transparent in my chart).
🔅Euro/British Pound Analyze (EURGBP) Daily Timeframe ⏰.
Do not...
