Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: As we can see here price started to form higher lows and higher highs, so we could see a bullish market structure here. I expect upside move form here after price filled the imbalance and reacted from institutional big figure 0.86000. Like, comment and subscribe to be in touch with my content!
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.860 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair. ✅LIKE AND COMMENT MY IDEAS✅
In the current market scenario, the EURGBP pair appears to be undergoing a phase of consolidation following a preceding downtrend. The price action is forming a discernible flat bottom, a pattern indicative of accumulation, further complemented by a bullish divergence observed on the Relative Strength Index (RSI). Should the price breach the defined entry point,...
My dear friends, Please, find my technical outlook for EURGBP below: The instrument tests an important psychological level 0.8653 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8606 Recommended Stop Loss - 0.8677 About Used...
Hello TradingView Community! I've been closely analyzing EURGBP with a focus on Elliott Wave theory, and I'm excited to share my findings with you. Based on my in-depth analysis, EURGBP is currently presenting a compelling sell opportunity. Let me walk you through my thought process. Through meticulous chart examination, it's become apparent that EURGBP has...
Looking for Impulse Down. EurGbp moving down soon. EG formed a bearish wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Some time ago price started to move up in rising channel, where it first fell to support line and then made upward impulse. GBP broke resistance level, which coincided with resistance area, and soon broke resistance line, but later fell back. A few moments ago...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Preferred direction: BUY Comment: The medium-term prospects for the British currency are exactly the same as for the euro . A slight increase is expected here, with the aim of retesting the local maximum at the level of 1.27800 . Buying is already active, since in the previous trading idea we identified two growth scenarios, and now scenario 2 is in the...
Preferred direction: BUY Comment: At the beginning of the pre-Christmas week, we continue to adhere to the previous trading idea for the euro, namely the second scenario. At the moment, you can try to enter a long position with a target at the local maximum of 1.10000, after which a reversal will most likely follow. In the short term, we allocate buy...
Here I have EUR/GBP on the 4Hr Chart! Price Action created a Higher High breaking our Confirmation @ .86340! Will be looking for price to make a small retracement into my Entry Zone before making its way to Sequence Target! *TRADING INVOLVES RISK! DO NOT TRADE WHAT YOU DO NOT UNDERSTAND OR HAVE NOT TESTED BEFORE! THIS IS NOT TRADING ADVICE. EDUCTIONAL PURPOSES...
Price is rising toward our buy entry at 0.86362 which is an overlap resistance. Our take profit will be at 0.86980, an overlap support level. The stop loss will be placed at 0.85792, above a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work...
Please, check our technical outlook for EURGBP. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.860. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.865 level. P.S Overbought describes a period of...
Short idea at supply zone! Waiting to break the EMA and retest at lower time frame.
EURGBP - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURGBP Entry Level - 0.8601 Sl - 0.8617 Tp - 0.8571 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8608 pivot level. Bias - Bearish My Stop Loss - 0.8626 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8575 About Used Indicators: The average true range ATR plays an important...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...