In Monthly TF Demand level is retested, so the demand level is weak, it is possible that market will break this demand. But in Weekly TF demand is clearly break so the lower empty area is wow trade, so upper supply is strong. We can expect to sell from the strong Supply
EURGBP Weekly trade setup lets see wait for confirmation supply retest or demand retest i will update when confirmation any coming
Hi Traders, EURGBP is setting up for a bullish reversal as price is moving within a LTF descending channel at the bottom of the HTF boundary. Wait for a Reversal Impulse and continuation before placing a buy order. Follow your trading plan and entry criteria. Share your analysis below and let me know your view on this pair. Click the like button if you agree...
Hello traders welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago. Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel , and expanding channel and a resistance Arc. Now price is approaching the ARC's strong support...
hello traders welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago. Congrats if you took that trade! Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel, and expanding channel and a resistance Arc. Now price is...
Hi Everyone! There is a potential long in play on the 1H timeframe for the EURGBP pair. We are currently keeping our eyes on the current candle to see what it does for confirmation of a valid setup. If the current closes below our zone the trade will be invalid. If the candle closes above the zone it increases the odds that we will move up to our target zone...
Hey traders, EURGBP been respecting the support around 0.83 for quite long, currently we are waiting for the confirmation to go long around that zone, retail traders are long on GBP while we are planning to do the opposite and ECB seems forced to increase rates this year to face inflation. once we will receive any bullish confirmation the trade will be...
Since the beginning of 2022, EurGbp has tried to drop under 0.83 on 5 occasions and each time reversed. A bottom can be in place for this pair and a rally to 0.85 resistance can follow. In my opinion, dips should be bought with that target in mind and only a clear break under 0.83 would change my bullish opinion
Interesting level for EURGBP, the best entry to go long on this pair would be above 0.8275, however traders with sizeable equity can start going long from 0.8350 until 0.8275. Target potential is massive as Europe is showing a lot of support for the Ukraine against Russia which could bolster the EUR currency.
Description provided in the chart One hour and 4 hour resistors The uptrend is maintained as long as the 4-hour support is not broken
Hey traders, in the coming week we are monitoring EURGBP for a long term buying opportunity around 0.837 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Entry, tp, and sl are given in the chart. You can watch for price action.
EUR-GBP has retested the support block From the descending and horizontal support levels at 0.83150 We are already seeing a bullish reaction And I think that the pair will now rise to resistance areas 0.84700
Price has reached a significant support zone which has been respected since 2016 and rejects from this zone 6 times in the daily chart . The Stoch shows oversold in the 1hr, 4hr and daily chart . I'll be waiting form the main & signal line in the Stoch to cross whilst oversold and price is at the key area to place a buy. My prediction is that price is going to...
HELLOOOOOO PIPPIN PEEPS!! Looking at this pair. Waiting on the London session to see what happens. Trade with care risk small.
📉 Expecting bullish price action on this pair as price takes out weekly low liquidity + rejecting a bullish orderblock on h4 (demand area) with a huge bullish high momentum candlestick closed. What do you think ? Where we go next
On this pair we have a clear break of structure and good channel that is forming , the two large green candles that have a lot of imbalance now are filled and we just wait for the price to go higher
Hey traders, in the coming week we are monitoring EURGBP for a long term buying opportunity around 0.832 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.