The price could reverse to the buy entry and bounce off to rise to the take profit level. Buy entry is at 0.86177 which is an overlap support level. Stop loss is at 0.85806 which is a level that sits below an overlap support. Take profit is at 0.87002 which is an overlap resistance level, that aligns closely with the 78.6% Fibonacci retracement level. High...
Considering the recent downward trend, it is expected that after some fluctuation, the continuation of the downward trend will be formed If the price can cross the level of 78.6%, the downward trend will be canceled
EURGBP / 4H Hello traders, welcome back to another market breakdown. EURGBP pair has been trading in a Bearish trend within a larger trading range, the price is showing evidence of pull-back mode so far. Therefore, better wait for better level to get in. Trade safely, Trader Leo
Confirmations entry position : 1- rejection box cadle red 2- RSI zone buy & stochastic opportunity sell 3- matching 4hrs & 1hr
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
EURGBP has completed an Expanding Ending Diagonal. This signals the end of the corrective wave ABC that started from 11 Dec 2023. The next move will typically retrace the entire move and beyond, but this can be a slow pair at times, so I am setting modest target only. Even if you are not trading it, one takeaway is that any shorts you are calling for EUR or...
EURGBP Short Bu SMC Structure On HFT. Price On Bearish Mood, So we Trade The Trend Wave.
EURGBP has bottomed out on the trend and is potentially going to reverse according to Harmonics ABCD Pattern. The trend reversal is furthur confirmed by RSI Divergance.
Enter-0.86238 TP-0.86727 SL-0.8129 Watch out for the EURO news today
EUR/GBP is has bounce off the pullback support and could rise to the take profit level. Entry: 0.86121 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 0.85980 Why we like it: There is a pullback resistance. Take Profit: 0.86982 Why we like it: There is a multi-swing-high resistance...
Let´s look the opportunity to buy this asset. EUR needs to move up, and gbp is less strong than eur right now. So a good movement up is coming. Good luck.
I see this pair making a move up before continuing down. I see this in the next 48 hours or so. Full TP is at .8615
EURGBP / 1D Hello traders, welcome back to another market breakdown. EURGBP pair has been trading in a Bearish trend within a larger trading range, the price is showing evidence of pull-back mode so far. Therefor, better wait for more confirmation around the desired sell zone. Trade safely, Trader Leo
Breakout happened.Market will go down. But we fib the first impulse. We buy this pair at fib zone. SL and TP are given to the chart.
Sell Entry: 0.87 (Now) Stop: 0.87360 TP1: 0.86408 (RR = 1.5) TP2: 0.85875 (RR = 2.8)