Hello everyone! EURGBP is now on a strong support line. I expect growth to the resistance line.
Great looking chart of EURGBP. GoNoGo Trend on the 1hr chart has been a “NoGo” but has consolidated over the last 2 days. We saw a green countertrend arrow close to the recent low. In the lower panel, the GoNoGo Oscillator has been testing the zero line from below. If the “NoGo” trend is to resume, the oscillator should be rejected at the zero line. The new...
E/G ANALYSIS 5/5/20 Price is hovering over Monthly Supp @ .8700 Could see price break last lows marked before than a nice trade to the up side Daily TF - Still bearish Still expecting the price to come down before LONG Do NOT before taking confirmation. Stay Patient! Reminder: Drawing is only an idea of how price will move, it's NOT 100% perfection due to...
currently, we are seeing price consolidating after touched the daily demand zone while on my previous analysis (link attached below!) our setup hit the final target for long trade, we might have a chance to go long again if buyer manages to push the price to the 0.8844 resistance level for a short-term target. wait for confirmed bottom formation before placing any...
i think we can see some pips on long term at a short time .
I'm looking for a retest of this key support/resistance line. This line has multiple reactions on it. This'll be a key area to watch for a buy or sell move. Wait for confirmation.
i measured this friday. i also found a confluent bearish pattern on EURJPY
Chart speaks by it self. Range based on some simple rules, max the range considering that touch in one side implies touch in the other side of the range then. Looking for see price action in the square in LTF to confirm the breakout of the sideways structure or short in the range with a good RR
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Here another perfect structure identified with the trend line breakout and retest it happened. Expecting a minimum target around 117.000 Sketch up your own trade setup before you take off. Good...
EUR/GBP represent in some days a double bottom, now, this pattern is broke up the resistance and now a support to put in long. So, its very interesting what pattern chartist do next do. So, It's very important to stay watch this market to know what knowing of the psycology this pattern represent. It's may be to form a ABCD or ar special or BAT. Also, a data...
Traders, EUGBP is back in the zone again. It tried twice to get out of it but failed to do so. Now bollinger bands are so squeezed that a breakout is imminent. That also means that either GBPUSD or EURUSD is about to breakout.
EG ANALYSIS 5/5/2 UPDATE ON LAST EUR/GBP IDEA We can see more downside before the initial move up back up Not labeled "Short" because I'm waiting to trade the bullish move up
One of my last trade seems good still. This is small update. Reason is ICI on W1 + confluence of my Price action strategy on H4.
EURGBP is trading in channel pattern. We might see it will trade in channel pattern for some more time. For the longer term, we see consolidation to downside trend in EURGBP. If You Like Idea Do Follow/Comment/Like For More Quick Updates. Note - Trade With Proper Risk Management System. Thanks
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Here I see a perfect breakout and retest on key level happened on multi time frames. Expecting a push high back up to 0.88665. Sketch up your own trade setup before you take off. Good...
Good Evening Traders, EURGBP is in a BEARISH Environment. However, there is a support area (GREEN ZONE) where i want it to break out of and comes back for a RE-TEST to ESTABLISH new formed RESISTANCE before going down towards SUPPORT ZONE. I wouldn't hop in just yet because there is no MOMENTUM, so i will PATIENTLY WAIT for LONDON SESSION. ...