correction It is expected that the current downtrend will end at the specified support levels and then a reversal will take place and we will witness the start of an uptrend. By crossing the level of 78.6%, it will be possible to continue the downward trendShortby STPFOREX0
EURGBP RETEST AREAEurGbp has been broken it's previous low which indicates a trend reversal. price has gone up to retest (As expected) before going back down (continuing it's down-trend). market will complete retest at either lvl 1 or lvl 2.Shortby PraizzUpdated 3
EURGBP: TECHNICAL ANALYSIS.Hello traders, Wave 4 has probably ended at 0.86206 zone. Wave 5 is supposed to materialise towards the support zone at 0.85400. Thanks.Shortby MASTERPIECE102
EUR/GBP STRONG LOW Hi Traders, I hope you are well, here's a great set up for EUR/GBP as it hits a very high Liquidity Zone, a bounce is likely on Monday. ChrisLongby christrader88111
EURGBP 4H TF sell setupHello traders, we are having a nice setup on eurgbp for short position, just wait for close below demand zone and below 50% of that buy zone that we have right below demand zone.Shortby radimfree1
EUR/GBP untested volume areaEUR/GBP is currently showing a strong sell-off from the price point of 0.86711, accompanied by a significant volume area. This indicates a substantial accumulation of contracts. It's likely that sellers active in this area will defend their short positions. Should the price revisit this zone, we can expect these strong sellers to exert further downward pressure on the market. The combination of a downtrend and a strong volume area forms the primary basis for my short trading decision. Happy trading, MattyShortby mightymattyUpdated 1
EURGBP 30-min SetupThis is my setup for EURGBP, overall bearish Market. We have market out Trendline Liquidity and a Long Wick which will possibly initiate the downward movement of EURGBP.Shortby Sikandarkoree129Updated 1
EURGBP SHORTSMarket Structure Bearish on Higher Time Strong Weekly Close Weekly Rejection at AOI Weekly and Daily in the same AOI Daily rejection at AOI Weekly EMA Retest Daily EMA Retest H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostShortby mobbie_zwUpdated 2
EURGBP sells EURGBP has been in a downtrend recently, forming lower lows and lower highs, therefore I was looking for sells. OB marked out on 1H TF, and Fib marked out on imbalance. Price tapped into the OB and the golden zone on the fib. Liquidity was also taken out suggesting a push down. final TP was hit. Shortby Jasperac0
EURGBP BULLS TO TAKE OVER!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURGBP BULLS TO TAKE OVER AGAIN! 📉 As we mentioned previously, price was around our support zone, formed a nice-looking bullish reversal pattern and triggered to our target. 📉Meanwhile, we are again approaching our massive support zone, where we will be looking for new longs as well. Moreover, price is still over bearish from a short-term perspective, and for the bulls to kick in again we need a break above the marked major swing high by a momentum candle close, then a movement higher would be expected. And as usual 1-2 Risk To Reward ratio from a risk management perspective and from an edge over the market. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali117
Waiting for short position EURGBPEURO POUND waiting for short position always move SL to break even when price reached target 1stShortby nkanirmalUpdated 333
EURGBP UP TO 0.86200 12/1/2024The entry, exit and stop loss points are on the chart, please make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyoneby Hejaaa3
EurGbpThe market have a bullish structure we expect the market to drop to the psychological zone and give a bullish signal then we get in to the trade Longby Greatvic0011
EURGBP SHORTEURGBP is shorting on my bias right now. Well gonna be waiting and watching for my entry signals. Not an advice for anyone to jump on this, not a financial advice, just my bias.Shortby Pleazant-fx0
EUR-GBP Will Grow! Buy! Hello,Traders! EUR-GBP went down to Retest the horizontal Support of 0.8583 From where we are already Seeing a bullish rebound So I think that the price Will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsUpdated 112
EURGBP sells using Fibonacci EURGBP is currently in a downtrend on the higher time frames, so I am looking for sells. The Fibonacci has been drawn on an imbalance on the 15min TF and an order block also lines up with the golden zone on the fib. price approached this area and rejected 2 times on the 30min TF so was a valid entry for me. Shortby JasperacUpdated 112
possibility of downtrend It is expected that the price will fluctuate in the support area, then a trend reversal will be formed and the beginning of the downtrend will be created. If the price crosses the green resistance range, the continuation of the upward trend will be more likelyShortby STPFOREX0
EURGBP H4 | Downturn to resumeEUR/GBP could rise towards a pullback resistance and potentially reverse off this level to drop lower towards our take profit target. Entry: 0.86123 Why we like it: There is a pullback resistance level Stop Loss: 0.86395 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci retracement level Take Profit: 0.85778 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets0
HelenP. I British Pound can start moving down to trend lineHi folks today I'm prepared for you British Pound analytics. If we look at the chart, we can see how the price some days ago traded near the resistance zone, which coincided with the resistance level and even made a fake breakout, after which EURGBP rose to the trend line. Then price rebounded and made a strong impulse down until below the support zone, thereby breaking the 0.8700 resistance and 0.8590 support levels. After this movement, GBP a few time traded near the support zone and later made impulse up to the trend line, breaking the 0.8590 support level again. A short time later, the price broke the trend line and reached the resistance level, after which GBP rebounded and declined to the support level, which coincided with the trend line. Recently, the price bounced from this level, and at the moment, the British Pound continues to trade near the support level. For my mind, the price can rise a little more, and then it will rebound down to the trend line, thereby breaking support level. For this case, I set my target at the 0.8560 level, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️Shortby FirstNameHelen113
Long in EURGBPI have initiated a long position on the EURGBP currency pair as the price has touched a demand zone. After conducting a thorough market analysis, I have identified a significant demand zone where buyers have shown strong interest in the EURGBP pair. This zone suggests a potential reversal in price direction and presents a favorable opportunity for a long trade. Trading based on supply and demand zones requires a deep understanding of market dynamics and price analysis. I have carefully examined the price movement and identified this demand zone as a strategic entry point for a long position. To effectively manage risk, I have implemented appropriate risk management strategies, including setting stop-loss levels to protect my capital in case of unexpected market movements. By capitalizing on this demand zone, I anticipate potential gains as the EURGBP pair potentially moves towards higher price levels. I will closely monitor the market and make necessary adjustments to optimize profitability and minimize risk throughout the duration of this long trade.Longby JuanHernandez0
EURGBP LONG ANALYSIS EURGBP has touched the daily support, and the downtrend on the H4 chart has already been broken. Patience is key; let's wait for the H1 chart to retest 0.860. If there is an engulfing pattern on the H1 chart, we can consider going long and holding until the daily support.Longby zzzoain1
DeGRAM | EURGBP compression channel breakoutEURGBP is consolidating, and probably it is about a sell-off. Price move is in the descending channel. making lower lows. The market is printing a potential AB=CD pattern, and recently it made a sharp move, which is AB leg. We anticipate a compression channel breakout and retest of the support level as well as a Fibo extension level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM119