As it reaches exhaustion , we spot a reversal. It is the mid-week reversal. going for a 1:2 RRR
The Eur/ Gbp is moving up the trend-line breaking above the purple DEMA (36), and this happens after it bounced off the red McGinley (21) which is there to let us know the momentum of price. The 0.84200 was significant according to purple DEMA, the price over there rose and broke structure supporting a bullish sentiment. . Khiwe On this profile page, the...
Let me know what you think! Comments and/or suggestions appreciated:)
The price is expected to reach the specified resistance range and then, according to possible scenarios, we will see an upward trend.
continuation of the bearish trend on the daily timeframe. good luck
Well , As you can see the price reached to a very important resistance level and reacted negatively (It was a Signal bar) , now we have to wait for a Key bar and then we can take a trigger for sell position ... the other scenarios are market on the chart ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This...
this is my idea about eurgbp price is top of the channel and there is a resistance above it
Hello traders. On this 1H analysis of EURGBP, we have a double bottom setup. We can see that price was rejected twice from the 0.83870 region, creating our First Bottom (1ST BTM) and Second Bottom (2ND BTM). An entry reason for this long position would be a break and close above the neckline in the 0.84270 region. The 0.85100 region is seen as a good resistance...
market make a BOS the Bearish Structure, looking for a Long position from origin Orderblock
Here is my view for EURGBP Swing Trade Analysis on H4 based on Order Block.
Possible going short confluence: 1. H4 Trendline 2. H4 resistance zone 3. H4 M formation and now price is pulling back to retest the neckline
Here is a setup from a trade last week. I primarily look for candles closing at the 4 hour closes and also around the 1 hour closes around the NY session open. There are three MA's I use. The 20 MA (blue), 50 MA (red) and the 200 MA (gold). Not only does the candle have to close on the 20 or 50 MA but the moving averages must be positioned correctly. I use the...
Looking at a long term swing trade for eurgbp. We have played into a nice weekly orderblock and are showing signs of accumulation on the lower timeframes. We are at discounted levels right now hence I believe it is a good place to long. Potential take profits are shown through purple lines. Risk 1-2% Potential risk:reward => 1:10+ DISCLAIMER: I am not a...
What did you see in chart pattern? #2021-11-30:07:00 AM GMT+7 #EURGBP #Action You can BUY entry when price will be throwback in killing zone. #Strategy Type: Technical Analysis Trader: Day Trader Entry: Any timeframe below TFD1 S/L: Exit trade/Cut loss when strategy confirm. Plan: Follow this idea, time between GMT+7. R:R 1:3+
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HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP . * looking for trend continuation on this pair. Here is where we started with this one. - while significant moves with the bulls may change the plan, looking for a break below of structure on this on &...