Last week had good idea at first and then changed mind. The shape of the channel shows are are near support 0.8494 and further down cloud support 0.8454. The stochastic 4-hourly chart is positive and it feels it may push the pair higher. Strategy BUY current @ 0.8505 and place stop-loss @ 0.8430 and profit order @ 0.8678.
This is my view for EURGBP on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This is a try-out position. What I mean is, we have moved a little higher, and we are kind-off hovering with Doji's. The stochastic RSI is positive on daily chart, and this may signal a sharper run higher. For that reason we BUY current 0.8470-0.8477 and take profit @ 0.8575 (about 100 pips profit target). The stop-loss is 0.8402 (73 pips roughly). The...
I think EURGBP is on long term bullish. If price dropped to Fibo 0.618-0.236, you can do long for this pair. If you want to do market order, just use small lot.
The selling pressure is reducing and in fact breaking the Aroon upwards, suggest we may see a turnaround short-term. Judging history also helps to suggest that the signal MA crossing upwards is a sign of the trend change. besides it was quite a swift move down, and this also helps to support the view. For now I suggest BUY current @ 0.8410-0.8415 and take...
EURGBP Intraday - We look to Buy at 0.8465 (stop at 0.8415) We are trading at oversold extremes. A bullish hammer has been formed on the 4hr timeframe. This is positive for sentiment and the uptrend has potential to return. A higher low has been formed. Preferred trade is to buy on dips. Our profit targets will be 0.8615 and 0.8710 Resistance: 0.8505 /...
FX:EURGBP EURGBP Time Frame H4 Analysis Buy Zone
After finding a strong base under the 0.83 zone and testing this zone multiple times this year, EurGbp has strongly broken above 0.85 zone resistance last week. Now the pair is looking upwards towards the next resistance at 0.87 and, in my opinion, dips around 0.85 should be bought. A dive under 0.84 would negate this scenario
EURGBP breakout of a descending trendline on the cards. Lower timeframes are in a bullish structure as we gear up for a break. I think if there's a surprise in the fundamentals we could get a fast bounce, but it may be gradual over the next month, stay patient!
Here is my view for EURGBP on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The Pound is in a precarious position whereas the Euro probably seems the safer bet of the two. I expect a gradual bull run to take place, patience is a must here because the time of the fundamentals unfolding will take time, so getting a solid entry and riding it out will be the way. Technicals will also be posted on my page for the timeframes below!
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Since January, EurGbp is trading in a 200 pips range between 0.8250 and 0.8450. 0.8250 at this moment is very strong support and the pair could correct higher to the next resistance at 0.8650 As long as support is intact, buy dips is my strategy for this pair and only a daily close under support would negate this scenario.
Hello! My opinion price is low and long for 5-15 minute frames trading, what do you think?
Here is my view for EURGBP on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
📉 Expecting bullish price action on EG as price takes out weekly lows liquidity and closing bullish above. We had a strong bearish movement without correction and i expect the price to retrace in the upcoming days, a lot of bearish imbalances were formed around 0.84200 / 0.84700 price area. What do you think ? Comment below..
Hello traders, this is my opinion on what will happen next on EURGBP . ➖➖➖➖➖➖➖➖➖➖➖➖ EURGBP has dropped to support level @ 0.84100 where is consolidating now and will see a rise. My goal is price to go up and settle on the resistance level @ 0.85100 ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lot's if you gonna trade on this, always use proper risk management and do...