Eurgbp - Daily chart - I see price bouncing from a daily demand zone so looking to take longs on retests of hourly demand zones.
Hello Traders Today looking at EURGBP we see too possible directions as always. We currently sit at a resistance level of 0.88000 Price can push up from here Price can retrace to 0.87 and then begin climbing from there So what seems more likely? Not sure. 0.87 has been a great support/resistance level on weekly, but as has 0.88. So I'll leave you, with...
🔸 4H CHART EXPLANATION: . 🔸 We have two potential scenarios to consider on this pair. . 🔸 The bullish one, in case price breaks the Resistance Zone, this could lead to a bullish move towards the next zone at 1.31500. . 🔸 And the bearish, in case price breaks the Ascending Trendline to the downside, this could lead to a bearish move towards the Support Zone at...
A Larger Bear Flag Forming for the downside after tyest the third Touch Confirmation. ThankYou
Price has found support at significant level and market structure looks clean and well defined. We have fib 0.618 zone plus daily rsi div so i am looking to long this pair. Good luck!
Eur/gbp pair might present a local long opportunity with a small stop, hence giving a good risk reward profile. Should the price action go the way it is shown by the arrows the first target is certain to be hit, so unload half of your position there. I will update the idea in case that happens, to assess the setup and decide wether to hold the position further...
Buy, there is a ABCD or ABC pattern as what you want to mean.
Moving 1,800 pips, I would rather hold Litecoin (badjoke). Anyway, for once my bias is neutral because honestly I've never seen anything like this in my life as far as price action and average true range going through the roof. I'm looking for new perspectives that can give me more insight. Please post your TA and FA below for EUR pairs this week. The goal is to...
Hello ladies and gentlemen! The price of the Euro has strengthened against the British pound in just 2 days. This trend should continue, however, due to the weekend, much can change in the market. If you have this asset, then wait until the price reaches the first target, because it may not grow to the second. Good luck to you. If you liked this idea, please...
See previous idea posted publicly, 14:06:15 (UTC) Fri May 1, 2020
Good day, dear investors and colleagues traders! This week, the currency pair took advantage of bullish divergence and broke through the global down trend line, which it fought for the whole week. However, the proximity to the reversal of indicators such as MACD, Stochastik and the presence of the hourly chart in a zone of high oversold, may indicate a potential...
Price will come back down before going back up - it is retracing on the 1hr TF on the fib scale
Traders, EURGBP came out of the zone finally and now we can expect a breakout because of the bollinger band squeeze. Here is my analysis and trading plan. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I...
For the past 3 weeks EURGBP has been trapped consolidating in a relatively tight range. Most recently, price has bounced from the support of this range around 0.87000 and is heading towards the resistance of the structure. Next week we will be looking if price can break through the resistance or if it will reject this area once again and head to test support...