I would SELL now. Just a simple trend continuation setup.
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
EUR-GBP is making a bullish Rebound towards the horizontal Resistance level of 0.85686 And after the retest I believe We will see a bearish correction !
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block. Fundamental news: On Thursday we...
A reversal channel pattern is forming on the 1hr time frame, within a bearish flag that was formed in a HTF (4hr - Daily) of the EURGBP. If the price completes the reversal channel pattern, then there's a high probability of price dropping towards the weekly support area or reverse on the trendline that was formed by the falling wedge Pattern on the HTF...
Hello traders what do you think about EURGBP ) ? (Technical analysis forecast)📊📈📉 EURGBP peris bullish trand pullback short last week erugbp peris big bullish 0.85447 short .084977) 📉 tast support pullback reset taste down resistance 0.85686) price big 🐂 bullish candle pullback short 0.85116) 📉📊 (Short analysis forecast)📈📉📊 Selling short entry EURGBP peris...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Tomorrow we'll see results of yearly CPI on GBP Like, comment...
Reason: Liquidity grab Break of structure Fair value gaps 1.Fundamentally EUR is weaker than the GBP 2. Retail Sentiment is more long this pair 3. Smart Money (COT Data) for this week showed me that they were more bullish the Pound and more bearish the Euro
Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades. *eurgbp * Eurjpy * euraud
The euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are. *Eurgbp * eurjpy *euraud SHORT
Pair : EURGBP ( Euro / British Pound ) Description : BEARISH CHANNEL as an Corrective Pattern in Long Time Frame Completed Impulse Correction Impulse RISING WEDGE as an Correction in Short Time Frame and Rejection from Lower Trend Line BREAK OF STRUCTURE and Completed the Retracement at Demand Zone
Reasons for bearish bias: - Price broke LL - Playing DOW theory Entry Level(CMP): 0.85149 Stop Loss Level: 0.85503 Take Profit Level 1: 0.84795
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.86000. Fundamental news: On Thursday will see results...
Hello traders, we are having a nice setup on eurgbp for short position, just wait for close below demand zone and below 50% of that buy zone that we have right below demand zone.
On Tuesday's session, the FX:EURGBP was observed at 0.8605, experiencing slight gains of 0.15%. Following two days of declines and encountering robust support at the 0.8600 level, bears took a break. Despite this, the daily chart still presents a neutral to bearish outlook, and this bearish tilt remains apparent in the four-hour chart as well. The indicators on...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for short. I expect price to reject from trendline + 0.618 FIBO level + institutional big figure 0.86000. Like, comment and subscribe to be in touch with my content!
The EURGBP has shown a downward trend, with its current movement suggesting a retracement. There might be a chance for a potential short trade if it retraces into this 4-hour order block. Remember, this isn't financial advice; it's purely educational content.