What do you think about this one? which one has the correct entry?
The pair is clearly oversold, and more over, it is GBPUSD hanging high, and this should move lower in coming sessions. I suspect the cross will move back towards 0.8685-0.8700 short term. Strategy BUY @ 0.8620-0.8627 and place SL @ 0.8585 and take profit @ 0.8687.
Hello,Traders! EUR-GBP broke the Rising support line And the breakout is Confirmed so 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!
EURGBP : in Trending Bearish and making lower High and Lower Low and Entry made on FIB o.386
The British Pound has recently exhibited strength against the Euro. However, this strength is anticipated to diminish in the near future, potentially affecting the EURGBP exchange rate. The On-Balance Volume (OBV) in the H1 timeframe is significantly oversold, and bullish divergences are evident. Additionally, the price has reached an order block in the H2...
EURGBP is in a bearish trend. The price has been respecting LL and LH. To predict a better entry i placed a sell order at 0.382 fib. stoploss at the previous LH.
Trade Signal Outlook: Trading Pair: EUR/GBP Trade Type: Long (Buy Stop) Trade Signal Details: Buy Stop Entry: Adjust spread according to server values Entry Price: 0.86433 Stop Loss: 0.86124 Take Profit 1: 0.86786 Take Profit 2: 0.87058 Trade Analysis: The trade involves going long on EUR/GBP with a Buy Stop order to enter the trade if the price rises to...
EURGBP short Potential The trend line is broken and pullback to the resistance area
Textbook 4H Long Setup in a market thats trending bullish. No description needed.
The expected movement of EurGbp over the next few months
Here is our detailed technical review for EURGBP. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.868. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.866 level soon. P.S We determine oversold/overbought...
We see that price has made a new top but both MACD and histogram couldn't! So we have a regular bearish divergence and price probably will go down!
If the price can cross the support range, the continuation of the downward trend is likely. As long as the price is below the resistance range, the downward trend will probably continue
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86800 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86600 support and resistance area. Trade safe, Joe.
EURGBP has reached our point of interest and we are bying from here with a small SL and huge TP
EURGBP is making a bearish trend as it is printing LLs and LHs. The trend is further confirmed by the trendline, RSI indicator, and three black crows at LH. To make the entry more precise and smart used FIB tool.
Here in this chart, we see a ABCD pattern. Price are hit the PRZ at point D. We predict the price if it cross the last LH and Take Buy trade with TPs and SLs.