The couple of weeks will determine if that support holds or not. if it closed below support then a retest will be a very good trade for short.
Waiting for it to reach support level. Use proper risk management.
EUR GBP approaching a 4h supply zone to go long in the coming days
EURGBP is going down. Taking a short position is an ideal one in the current situation. Take it and enjoy the profit.
Due to structure based. Price managed to break structure and we are looking for a retest.
Price is right now at support Losing bearish momentum , looking for a upside move
Liquidity is all around you... Strong movement to the upside in EG. GU selling off strong and EU within a tri-month long range. Look for the possibility of EG continuing up. Maybe we get a pullback here for the next half day or two. But, i'm looking for quite a hefty upside target until price shows reason to not be long here after the pullback for the next couple...
hello traders and welcome back. here is a technical analysis on eurgbp if you have a different idea share it below thanks
Hello, dear traders! Three major factors that will help EUR/GBP to rise : monthly supprot zone, weekly support line and daily parallel channel. Entry: 0.8350 SL: 0.8290 TP: 0.8504
As part of the retest, a downward movement to the support level of 0.83320 is expected soon. SELL scenario: The best entry point would be from 0.83823 resistance where a false break was formed recently. ----------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the...
EURGBP If the price does not break through the support 0.83255, it is expected that the price has a chance to rebound again. Waiting to buy the blue zone, target 0.84158
EURGBP: LONG, BUY. Support zone, Triangle zone. Wait for a bullish candle.
Last year as we all know euro did well than pound by going through economic data released and forecast for Euro area shows that euro in the long term will out perform pound.....lets see how possible that could be...
STILL BELIEVE NEAR SUPPORT FOR A REBOUND but some room for retrace more. How to percept depends on your tolerance of risk/play. Please buy at 1pc risk or what suits you Best of luck Dont let any trade spoil your weekend. Stay safe Patience should be your passion. When you rush the process, the ending normally wouldn't be nice. TAKE THE EASY ONES...
Hey traders, in this week we are monitoring EURGBP for a buying opportunity around 0.834 zone, once we will receive any bullish confirmation the trade will be executed.
Hello everybody! I see an amazing head and shoulders on the chart. The price broke the line and also retested it. At this point I personally go short. Always use stop loss. What do you think about this idea?
Head and Shoulders pattern on the 1 hour. Currently re-testing the neck line. Look for break lower to .8300
We are waiting to see how the market will close. If the market closes above the orange line we shall place a good bullish trade. Good luck.