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. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS...
STRONG KEY LEVEL ON EURGBP waiting for news to confirm. GB inflation is reached highest level since 2011 but Bank of England will wait until Feb-2022 before to increase it rates.
Correction is expected to start from the current support range. Otherwise, there is a possibility that the price will reach the specified support level, and then it is expected that the trend will change and we will see an ascent to the specified resistance range.
It formed another double bottom as I expected. 3 green Soldiers now been seen, that is the full confirmation of the buy, very bottom support level gave a big push up. This is a LONGTERM buy confirmed.. hope anyone took this buy. Hold it, watch any reversal happens.
EURGBP is almost ready to reverse but we have 2 potential areas where it can reverse from. The first area is a parallel channel support where price has respected the upper limits a number of time. The second area is a structure level where price has reacted to aggressively. Either of these 2 areas would be great for reversal. Trade Idea: - Watch for the bounce...
Guide: Purple = monthly trends Yellow = weekly trends and SR Blue = Daily trends and SR Green = 4-hour trends and SR - the trend is apparently bearish. it is below Ichimuko clouds, Lagging line is far from candles, which can prove the strength of the bearish trend. - the last candle was able to break through a very strong "monthly" trend line. - this bearish...
Developing double bottom and bullish divergence on 4H RSI. EURGBP is also at the bottom of its current channel.
Can go up before going down. I will update here if my analysis was wrong or correct. "TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Hi there, this pair could go long, so observe the price action.
There’s no question for this since everyone else said will keep going down you mean by crashing. But now EURGBP at the very bottom of the support ; seemed like creating double bottom again,this is a good buy position to buy the dip at the support. Should expect a huge green candle this week. This could be a LONGTERM buy, don’t miss the dip so you will avoid the...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. As with every idea trade history...
It's late on but I thought I would end the night sharing some trades I still find myself in come end of the day. POW EDGE trend strategy in use for this EURGBP trade. Entry details are shown on the chart the trade has been live since 20:00 UK time. Working the H1 time frame here and we're only looking for TP3. Previous trades can also be seen on chart and...
Currently price is sitting at the bottom of a channel. It's likely we'll see a rally before further decline in which I'll be looking to hop in short.
Shorting eurgbp will be huge profit,dont miss it thank you.
Hello,Traders! EUR-GBP is trading in a downtrend And the pair broke anothere horizontal key level recently Then we saw a retest of the broken level And a nice bearish reaction Now, I am expecting bearish continuation And a move down towards the local target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!