Just an idea, no advises here. Reasons for idea Strong shorted market sentiment Mark down from EMA, which is a sign of short continuation Signs of resistances and lack of push to the upside
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where in a short time it fell to support level, which coincided with support area. After this, GBP made strong upward impulse to resistance area, thereby exiting from flat and later it turned around. Price started to decline...
Hello,Traders! EUR-GBP is making a Pullback from the horizontal Resistance of 0.8590 And I think that we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price has really acted great for us this past weeks!! Good trend, good presentation for opportunities SLOWLY BUT SURELY #forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
About to reach the potential Demand zone . I will be looking buy setups after mitigitation . Happy trading.
Take a look at our analysis for EURGBP. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.853. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.857 level. P.S The term oversold refers to a...
In this weekly outlook considering the prevailing bearish structure it's less likely for price to reverse within this range, so I'm anticipating for a break of the swing low. If trading with this bias make sure to look for lower time frames confirmations that are in line with this analysis.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85550 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85550 support and resistance area. Trade safe, Joe.
EURGBP Market Sentiment Strategy - Trade Plan: EURGBP is in a downtrend and is going to reverse according to strong market sentiment. The market sentiment indicates a reversal is upcoming and the trade plan on the chart depicts how it can be traded accordingly.
EURGBP - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURGBP Entry Point - 0.8531 Stop Loss - 0.8500 Take Profit - 0.8575 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Market Structure Bearish On Higher Time Frames Buyer's Rejection On Previous Weekly Close Weekly Rejection at AOI Weekly And Daily Around same AOI Daily Rejection At AOI Daily Previous Structure Point H4 EMA Retest TP at previous lows with a lot of rejection REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
After the considerable price losses of recent times, the EURGBP currency pair is currently in a phase of bottoming out. The RSI (Relative Strength Index) points to bullish divergences and the price has reached an important support level on the M30 timeframe. It is now time to open a long position. The trading idea presented here offers an attractive risk/reward...
I do the Weekly Forex Forecast every weekend, during the New York Session I update Members' Monday - Friday with my Full Market Analysis and give Trends, Trailing Stops and Targets, a nice + 123 pips, well done Members'. Some great set ups happening now! Chris
The current downtrend is expected to move along the indicated path and advance to the indicated support area. Then it is expected that the price will change the trend in the support range and we will witness the beginning of the upward trend
EURGBP is falling towards a pullback support and might continue to fall further to the take profit level. Sell entry is at 0.85093 which is a pullback support. Stop loss is at 0.86235 which is a level that sits under an overlap resistance. Take profit is at 0.83448 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries...
Eurgbp The indicators on the daily chart are depicting a bear-dominant market. The Relative Strength Index (RSI) is seen to be on a downward path, maintaining its location in the negative sector pointing towards an ongoing bearish momentum.eurgbp lower more than expected Concurrently, the Moving Average Convergence Divergence (MACD) indicators display an...
Take a look at our analysis for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.855. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.858 level soon. P.S We determine oversold/overbought condition...
Price pushed down to our marked out zone and now this is giving a 3:1 Risk/Reward ratio. Apply risk management.