I expect the market to test this trend line and then go lower. ENTRY : 0.8835 TP : 0.8635 SL : 0.8935 *Trade at your own risk
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
Hello Traders, If EURGBP fail to break 0.87766 then we would expect bullishness from that level looking at the daily TF 0.87211 is our main lows on The daily TF and also it’s a fib 0.61 fib area… So going down to H1 TF zone 0.87766 Is also an area of interest which is also our lows on H1 still also a 0.61 fib level
Here is my view for EURGBP on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, let’s focus on EG, we have a clear view of price at this point, we broke a Trend line and we have a retracement back and we are looking to buy at this point, tell me what you guys think about this trade guys
Here is my view for EURGBP on H1. 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!
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
EURGBP- we did not have a clear movement on this pair especially when both currencies have the same momentum demand and supply. We are expecting price to continue dropping until it drops to our area of entry!!!
The market is caught up between the supply zone and liquidity pool. By the look of things, it is potentially approaching the liquidity pool. With this being said, we patiently wait and see how it plays out, but the immediate idea is to drop short to the pool, when that happens, then we buy long to the supply zone…
FX:EURGBP Currently we can see that this pair is in a downtrend and could still keep pushing down although, I am currently in a short position on this pair, But we could also see price reject that support level and head back up. So lets just see how it goes
List of confluence: 1: Breakout and retest of Key Level 2: Change in market structure from bearish to bullish 3: Trendline breakout
Bullish channel Symmetrical triangle High possibility to break the triangle in upside
This situation is looking indecisive because of the long bearish candlestick that went through the demand zone, now we have this nice correction that could lead to a massive bearish breakout or it could be a proper retest to validate the demand zone and make a bullish breakout, quite interesting. How the market reacts to this condition will determine the ultimate...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The EURGBP formed a Cup and Handle recently, broke out of the brim level, then went right back to retest. Buyers and sellers are consolidating but looks like with the higher lows we could see buyers win.. 7=21>200 RSI>50 Target 0.9312 SMC Warning If you look back you'll notice a LARGE candle with a big wick. This is where Smart money came in and took out all of...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
Price knocking at the resistance area, could potentially see a push down from here TP1 0.88900 TP2 0.88600 TP3 0.88000 SL @ 0.89500 or according to your equity
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Yearly A confirmed UPtrend makes proper high and low after the last valid low price is on their above equilibrium a clear flag pattern is also here, and wick offspring also confirm themself 2:📆Monthly: bearish trap at monthly lows and long wick and big Imbalance area at the above side, so the price may...