Price broke out of the Trendline Price has retested the critical level
Entry, stop loss and various TPs as marked. 1% risk across 4 positions. 3 with TP and I that will float if it turns into more. Risk Free after TP is hit. Trust your own analysis :)
After the impulsive first wave witnessed on the pair, where we had an extended first leg, the EUR/GBP is now correcting. The next levels to watch are the 38.2% and 50.0% retracement from the highs, which come in at 0.8404 and 0.8382. Those are good entry levels for the third wave, which could take prices higher towards 0.8600.
EURGBP buying for a short term then we look for shorts to pick up the lows and grab liquidity
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
A buy setup for this pair. We should be careful with this pair because we can se the wick it made and then a very large upside , so we should be careful with stop loss.
Price is in a downtrend but don't be fooled, many retail orders are stacked up the top ready to be purged. Expect price to reverse in one of the two zones, I vouch for the lower one as institutions have open shorts there and need to be closed first before going up. Trend reversal confirmations needed within the indicated zones before entry. GL
Hey traders, in this week we are monitoring EURGBP for a long term buying opportunity around 0.84 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
📉 Expecting bearish price action on this pair as price takes out weekly highs liquidity + d1 imbalance and rejected it with bearish candlestick closure, on the LTF(lowertimeframe) we can clearly see that price is making a bearish market strucutre with lower lows and higher lows bulls lost the momentum and bears are getting it, we have also a lot of inefficient...
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!
EURGBP has retested the previous strong resistance level on the H4 and Daily time frame. We expecting the pair to retest key levels listed on the graph We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk...
Hey traders, here is the analysis for the EURGBP. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
When it seems to arrive to the point, it sh*ts oneself from fear. Seriously, we are always in full B2 of the annual and we are moving towards the quarterly B1, after which the cyclical trend will turn downwards and we will have to evaluate an optimal closing of the positions. For now we are in profit with both positions, I do not rule out a retest of the MML at...
H4 time frame. Structure: The downtrend ended when Key level was broken at 0.84200. Wait for the retest and the bullish confirmation signal to look for buying opportunities. Profit target is 0.86000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Eurgbp daily time frame time-reversal we expect bullish now for some days we need to wait for break in H4 LH then we enter long
📉 Expecting bearish price action on EG as price takes out buy side liquidity aka retail resistance, the move was very inefficient i call this a bubble move and price should retrace lower to fill those imbalances 0.83688 and 0.83507. There is also a possibility that price will take out weekly highs and fill d1 imbalance before moving to the downside and this is...
There were 5 correction waves in the flag and i think it's over, so i expect it start new wave and goes to top of the channel. It's long-term trend.
We have these indicators for BUY opportunity: - Support from Monthly low level - Low volume for to continue the current direction - Reflection from the bottom of the parallel channel We define 3 goals: TP 1 = 40 pips TP 2 = 100 pips TP 3 = 200 pips SL = 0.81689