We have an unused demand area. Due to the liquidity, we can consider reaching this area. The price target is to at least reach the ceiling of the liquidity area.
Hey traders, nice setup is presenting itself on FX:EURGBP . As you can see, on Friday we got a bounce off a trendline on the daily chart. And on the hourly chart, we can see an ascending triangle with a nice role reversal level. I'm looking to enter on a hard retest. Fist profit target being the 0.863 local high and main target the recent swing high at 0.874.
Based on my analysis we can see that from a daily perspective we have tested the 0.786 fibonacci level. Should the price action in the coming days break above the blue resistance zone which the market has been stronglyattracted to, we could potentially see a break to the upside. From a weekly perspective we have created a candle with a very long wick on the top...
Strong uptrend since like forever. The pair maybe in for a slight pullback and continuation. Targets and stops on the chart. Like and subscribe for more analysis to keep up with the market.....don't miss out.
EUR/GBP trades with a bullish bias. 'Golden Cross' (Bullish 50-DMA crossover on 200-DMA) adds to the upside bias. The pair has erased some of the previous session's gains, finds rejection at 200-week MA.
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!
EURGBP Intraday - We look to Buy at 0.8485 (stop at 0.8445) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the...
According to volume and technical analysis , EUR/GBP is in uptrend . Direct entry targeting Fibo 261 ... SL @ red Fibo level TP @ green Fibo level Good Luck guys ;) ...
45 angle describes the corrective nature of the pattern.EURGBP has started forming impulsive wave C's sub-wave 3. It has broken down the correction channel of wave B. If EURGBP breaks down low of wave X at 0.84819 , then the price will complete its impulse wave C. It is also a support level of 200 EMA. Or it will start marching upward. Targets: 0.84500 -...
Hi friends, I hope y'all had a fantastic weekend ;) Today, we have possible long-term bullish rally on this baby. I kind of doubt the trade but looking at how the correlating pairs that have GBP as a base currency behaved (by bearish dropping in the previous weeks) instilled faith in planning to take this trade with you guys. Before we do that, lets take a look...
EURGBP $EURGBP High-risk Continuation Long. SL and TP on chart. Move SL on TP.
Hey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.853 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
lovely eurgbp longs institutional positioning supports this idea
FX:EURGBP currently in a strong bullish on monthly, weekly and daily timeframe. Recently, price just made a breakout of resistance on daily. Waiting for price to retest on the broken resistance and further going up till the next resistance on H4. Risk : Reward = 1 : 2.5
Hey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.849 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Trade Idea: Buying EURGBP Reasoning: Confluence of fib, previous resistance, trend line support Entry Level: 0.85860 Take Profit Level: 0.85860 Stop Loss: 0.84820 Risk/Reward: 4.47R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
Buy Zone 1st Entry: 0.84616 - 0.84442 Buy Zone 2nd Entry: 0.84222 - 0.84001 Based on annual volatility of 8.39%, the Expected range for Swing trading is 0.86102 - 0.83726 Based on daily volatility of 0.53, the Expected range for Intraday trading is 0.85359 - 0.84676
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!