OANDA:EURGBP has given a strong upside breakout from previous 4 weeks range. It has been retracing towards fib 50-75% levels where we can look for buy side setups.
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 61.80%
D1 - Price is bouncing higher from a key support zone. Bullish divergence. H4 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
EUR-GBP is making a bullish Rebound towards the horizontal Resistance level of 0.85686 And after the retest I believe We will see a bearish correction !
The EURGBP has shown a downward trend, with its current movement suggesting a retracement. There might be a chance for a potential short trade if it retraces into this 4-hour order block. Remember, this isn't financial advice; it's purely educational content.
🕛 TOPDOWN - Navigating a Sideways Consolidation Overview: This pair has been trading in a sideways range between 0.9501 and 0.8260 since 2017, establishing a considerable consolidation area. The monthly chart reflects a vast consolidation region, making it one of the most consolidated pairs in forex, lacking a clear direction. On the weekly chart, after forming a...
Here is my analysis for EURGBP on H1 using Order Block. 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!
This is for short term Marked Possible Buy zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
Here is my analysis for EURGBP on H1 using Order Block. 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!
Pair : EURGBP ( Euro / British Pound ) Description : Completed " 1234 " Impulsive Wave at the Lower Trend Line of the Corrective Pattern " Rising Wedge " in Short Time Frame. It will Reject from the Fibonacci Level - 61.80% or Previous Resistance Level forming Triple Top Entry Precautions : Wait for the Proper Rejection Price Action
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Here is my analysis for EURGBP on H4 using Order Block. 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!
H4 - Bullish trend pattern followed by a double wave correction. Price respected a strong support zone and bounced higher. Most recent downtrend line breakout. H1 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the two strong support zones hokd my short term view remains bullish here.
very intense scenario going on eurgbp at the moment analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline . but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr . the neckline of the double to in daily is also accompanied with 100...
Here is my analysis for EURGBP on D1 using Order Block. 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!
Hi Traders! There is an ascending triangle formation on EURGBP, and there is a possibility of a breakout to the upside. Price Action 📊 The market is in an ascending price channel with higher highs and higher lows since breaking above the 20 EMA, creating an ascending triangle pattern on the chart. We are looking for a resistance break and a close above the...