Price could fall to our buy entry at 0.8688, which is a pullback support level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.8669, which is beyond the 78.6% fibo retracement. Take profit is at 0.8719, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Hello guys Everything was shown on chart and it dont need any more explain, if you have any question send us your question or ... Good Luck
Preferred direction: SELL Comment: A more encouraging situation is developing for gold. However, here, too, there is most likely still a fall to come. The area 1900 - 1920 is a good support, where the price will at least be stopped, and most likely it will be from there that the upward rollback will begin. Thank you for like and share your views!
Preferred direction: SELL Comment: This week's targets for the pound are also below the current market price. The pound, like the euro, even more so from the point of view of volumetric analysis, is conducive to sales. The first target remains at the level of 1.22000, which we indicated in the previous idea for this currency pair. A more global target is...
Preferred direction: SELL Comment: A new week and the US dollar continues its advance. A resolution of events regarding the euro is expected in the near future. Here, first of all, a fall to the level of 1.06318 is expected, after which the downside potential lies at the level of 1.05700. Thank you for like and share your views!
Head & Shoulders PATTERN!!! Enter SHORT in EUR/GBP. Please do not forget to tip me after you close your position!!! Thanks in advance. #EURGBP #forextrader #forexsignals #forexprofit
In the fall of 2023, bullish sentiment developed in the EUR/GBP market: since September 1, the rate has risen by more than 2%, price dynamics have formed an ascending channel (shown in blue). Moreover, on Friday, the price reached its highest in approximately 6 months. Growth drivers, among other things, are news related to the policies of the Bank of England and...
Here is my analysis for EURGBP on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EUR/GBP is rising and might climb above the 0.8755 resistance. Important Takeaways for EUR/GBP Analysis Today · EUR/GBP is gaining pace and trading above the 0.8720 zone. · There is a major rising channel forming with support near 0.8735 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a...
We're hitting a resistance zone on the 4h timeframe, we're entering a short position.
Pair : EURGBP ( Euro / British Pound ) Description : Completed " 1234 " Impulsive Wave at the Lower Trend Line of the Corrective Pattern " Rising Wedge " in Short Time Frame. It will Reject from the Fibonacci Level - 61.80% or Previous Resistance Level forming Triple Top Entry Precautions : Wait for the Proper Rejection Price Action
Preferred direction: SELL Comment: The trading idea of shorting the pound has been fully worked out. Level 1.22370 has been reached. At the moment, another small downward movement is expected. Most likely, before the weekend, sellers will shake out short-term buyers as much as possible. After which, at the very close, we can most likely expect a slight...
Sell limit set from order block where there is also imbalance from 0.87234. Break of structure has also happened. There is some liquidity to be filled before it triggers. Targetting lower orderblock that also has imbalance. All analysis on 1hr timeframe
Preferred direction: Neutral Comment: The euro situation requires some adjustments. At the moment, most likely the currency pair will grow a little more. The growth will be with the aim of updating yesterday's high. After which the medium-term downward decline is likely to continue again. Thank you for like and share your views!
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...
Preferred direction: SELL Comment: Today, especially the euro and the pound have performed well, being able to resist the dollar and recover. However, most likely this will not last long and all instruments will fall further. The entry point is currently blurred. The most conservative option would be to enter after a slight increase. The downside potential is...
Hey Traders I believe EURGBP has a good chance to continue moving up to re-test the previous area of resistance, overall market direction is bullish. Today's eur retail sales did not influence the market too much, I feel the trend will continue moving up since we had strong breaks of moving averages.
As you can see, the market structure is bearish and we looking for a sell. There is a bearish order block with liquidity that makes it even stronger. Attention please: We need LTF confirmation for entry. 💡Wait for the update! 🗓08/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌