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Preferred direction: BUY Comment: Finally, we can look for buy-position in the Euro. As we expected, the price fell a little under the level of 1.09623 towards the next potential sellers' target at 1.09000. This probability still remains, but it is already possible to start open buy-position, it would be optimal to break your position into three, that is, to...
Sell EURGBP Wedge Breakout Price breaks the wedge Pattern in M30 chart, its good chance to sell now. Thank you FX:EURGBP
Gain valuable insights into market trends with TradingView's advanced analysis tools, including the highly regarded Elliott Wave analysis technique. Explore price patterns and potential wave formations, empowering you to make informed trading decisions. Follow for more insightful analysis and stay ahead of market movements.
Preferred direction: Neutral Comment: The sales provided in the previous trading ideas for metal have been fully worked out. However, most likely sellers will push the price a little lower to the level of 1938.915, which we also discussed earlier. There is also potential BUY-area there with upside potential to 1981.680. Thank you for like and share your views!
Dear 500 bros, In my opinion, the pair of EURGBP is making a nice Bullish Diamond Pattern. So, I have a Setup for Buy order at current rate. Happy trading!
FX:EURGBP Buy 0.85715 Top 1: 0.86400 Top 2 : 0.86700 Stop Loss: 0.84715
Hello traders, we want to check the EURGBP chart. The price has broken a range zone to the top and hit the ceiling of the pullback range channel. We expect this level to play the role of a support level and maintain the upward trend of the price. We expect the price to grow around 0.86300. Good luck.
Dear colleagues, I assume that the deep correction is over and the price is starting its upward movement. The first target is the resistance area of 0.86121. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower. Fundamental analysis: This week on Thursday will be released Bank...
Hey Traders, in today's trading session, our focus is on the EURGBP currency pair, specifically looking for a favorable buying opportunity around the 0.85750 zone. The recent price action of EURGBP has been showing a downtrend, but it has successfully broken out of that trend. At present, the pair is undergoing a correction phase, and it is nearing a critical...
Preferred direction: SELL Comment: In our last trading ideas, we traded the pound long and after a short pause on this instrument, most likely, we should not expect short-term buy. You can look at them only at the level of 1.26989, at least. The week is full of macroeconomic data, so you should be prepared sometimes for sharp jumps in both directions. The...
Preferred direction: SELL Comment: The euro, as expected, fell to the support at 1.09623 and, most likely, the selling pressure will not weaken. The closest target to which the price can easily approach is 1.09000. Level 1.08485 is the second target for sellers. As mentioned earlier, most likely the instrument will be under pressure throughout the week, and...
Hi folks today I'm prepared for you British Pound analytics. Some days ago price fell to the 0.8550 - 0.8535 support zone, which coincide with the support level and soon it bounced and made impulse up to the 0.8655 resistance level. After this, EURGBP started to decline and fell lower at the 0.8550 - 0.8535 support zone, thereby breaking the support level, but at...
Structure CHoCH on H2 Occurred. Market Induced Early Buyer to Build Internal Structure Liquidity. Lets Expect Price to Come to Tap Our POI Zone. Wait for MSS (Market Structure Shift) on M5/M15 Then Enter!
As EURGBP is Ranging between Support and Resistance in 1 hour TF. If our Entries are filled, we will have good Risk to Reward Trades.
📈 EURGBP Sideways Trading Strategy! 📉 #Forex #TradingStrategy #EURGBP #TechnicalAnalysis Hey traders! 📊 Here's an exciting trade idea for EURGBP based on the 1-hour chart! 🌐 The currency pair seems to be moving sideways, without a clear bearish or bullish trend. To capitalize on this situation, I have devised two potential trade plans using buy stop and sell...
I am expecting a continuous rise for EURGBP has it has tested support already, there is a breakdown trendline and a pullback is made already. So till Monday to see it play out l.