Hello everybody! -On a 1-hour chart, we can see that the price formed head and shoulders pattern,... -Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction! -On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR. -If GBP remains stronger than...
Hello Traders! BUY Execution according to the market.
EURO POUND notice the candles with wicks and how they were formed. Also two nice tops near the upper trendline. Expecting to correct to the nearest key level area. RSI showing some bearish divergence
It is clear from the chart that the correction move is to be expected. There is a strong level ahead of the price. Stop above the level. Heil Satan!
Hello guys, in this technical analysis, there are other opportunity to put in short movement in EUR/GBP, But, don't believe of what is your imagination, because this is a pur bear trap to trap all bullish to put in long, so, there will be I identifiy a possible drop of this price, but a nice opportunity to put in short. Also, lets me see that the price action it's...
10 and 20 EMA cross signalling the trend ins going to continue. MACD is signalling that the market is still bullish. Pivot Point, Trendline and Support all touched and rejected. Follow the price with SL by placing it under the recent swing low. This gives us the opportunity to follow the trend right until the end and catch every pip possible. Here is my strategy...
It is evident from this chart that the pair is full of nice levels. The price is currently at a narrow channel's resistance area, with the greater 4 year Brexit channel resistance being within the reach. However, the big news is that the UK and the EU in a surprising move, decided NOT to extend the deadline of the post Brexit transition period, which means...
EURGBP has finally breakout the descending trendline at H1 realm, expecting pullback for a continuation of the bullish momentum, we could setup a long entry with the following characteristics The order: Type: buy-limit S/L: 33 pips - R:R | 1:3 - T/P: aiming towards a resistance level from a higher time frame
As EURUSD is continuing higher after the bounce off the support all the other EUR pairs are getting interested for the long trades
looking for a top to be made and sell. Bottom of channel as 1st target
Market presented a pullback followed by Engulfing Candle Closing 1/2 Position @0.90688 Moving Stop Loss to Entry Now!
Price reached the bottom of the 4H channel and reversed, If a 4H candle closes above 0.9055 we enter buy
as we see in this pair the price break the resistance and maybe it retest it so now entry buy untill the last resistance and always be carefull with the price dont risk more than 1%
From the weekly point of view, price bounce to the upside aggressively after rejected the strong weekly support area as shown on the chart. Then from the daily point of view, price break above the strong resistance level, if this level will become potential support, then we can see further upside to the next resistance level. From the institutional's point of...
EURGBP Preparing for the confirmation of the "Diamond" pattern , the Macd and Rsi indices also supported the uptrend, especially the strong RSi because it is above the 50 level and the direction is increasing. EURGBP buy when breack out at : 0.90350 EURGBP target : 0.92034 Stop loss : 0.89950 Wish you good deals!
the price goes up as predicted on my last EURGBP analysis (link attached below!) and we are seeing price still on bullish structure, please wait for price deceleration at potential confluence level as printed on my chart. good luck! Plan: wait for the price to bounce off from potential confluence level --> wait for the rejection candle pattern to form e.g....