EURGBP has been in a sluggish downtrend for weeks. Yet slow and staggering, price continued to move below levels and create lower lows and lower highs. Now, price has broken below a key level of support and has come back to retest it. If price rejects this area, then there is no stopping of this downtrend.
Here is my idea for this setup. stop loss: -25 pips if you are fancy put stop loss about 30-35 pips GOOD LUCK
EUR/GBP has formed a bullish candlestick in the daily chart in the support level. I am expecting a big uptrend in the coming weeks in EURGBP. I recommend buying the dips between 0.8470-0.8510 with SL below 0.8420 and initial TP at 0.8630. If you are a long-term swing trader, you can target the 0.8850 area once price breaks out of the 100 day EMA level.
- if you follow this setup, do not overleverage - do not use more than 1% of your balance simple and effective: -speculative setup -entry piont B - 88.2 fibonacci -big support zone between S1-M Pivot and S1-Q Pivot -180 pips SL -target 1.08590 line 2 trend based fib -setup could take weeks -no fast gains -hold and get paid -TP +2444 pips -massive...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Yep, this looks almost accurate.
EUR/GBP Signal Market Buy: 0,85500 Stop-Loss: 0,85000 Target 1: 0,86050 Target 2: 0,86820 Stop-Loss: 53 pips Risk: 0,5% Risk-Reward: 2,64
Hello Traders ! This is my view on this pair before attacking 0.8700, in front of arrive to that level, possibly we'll see some rebounding to 0.8585 or 0.8570 support levels. *Notice: that the price since April 2021 to now bouncing between 0.8560 and 0.8700 levels .
I'm trying to place buy early. risk reward ration 1:5 good luck
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hi all, I'm expecting some bullish movement on EURGBP off the back of GBP weakness across many pairs in the following weeks.
It's only my view Thank you for watching :) and have a good day.
EURGBP SELL I think we are in a possible change of trend but i will follow the trend because the trend is the king ever!
Welcome back Traders, Investors, and Community! Hi Traders, EURGBP on H4 is right below the Bearish trend line acting as Resistance, If it breaks above it on the lower TF we can look for potential entry for long. ⬆️Buyat Resistance Breakout or Buy at 0.8563 ⭕️SL @ 0.8534 ✅TP1 @ 0.8640 ✅TP2 @ 0.8708 We will have more FREE forecasts in TradingView soon ❤️ Your...
EURGBP Long Setup Continuation trade: 👉🏻 As mentioned earlier here, Wave-2 looks pretty much like a flat ABC correction, H1 OB still holding as support and has potential to continue forming its next impulsive Wave-3 Main trade setup