Hello. After breaking the trend line and crossing the set ceiling, I expect to climb to the canal ceiling. Are you agree?
EURGBP is taking support from channel bottom. We are expecting bulls to be active from here and push the price to near resistance zone. A buy on dip strategy should be adopted with stoploss below the channel support. Trade your levels accordingly. Don't forget to share your valuable feedback in comment section. Check our other Forex and Crypto Setup on Profile.
In this update we review the recent price action in EURGBP and identify the next high probability trading opportunity and price objectives
It's A Classic Asian-London-New York Session Trade DAY 1 ( Wednesday) It Starts With Asian Box Consolidation London Session = M- Formation , Creating A Liquidity Pool (Reversing Downwards) New York Session = W- Formation , Retracting Upside Stop Loss : -15 PIps Target : +50 PIps 🎯 R:R = 1 : 3.33 DAY 2 (Thursday) It Starts With Asian Box...
EUR/GBP Looking very impressive for buy at given zone as you can see here in LTF price showing some bullish strength to upside wait for confirmation and Buy.
hello guys This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance. Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will...
In my last 2 ideas on EURGBP here and here I was short, and we went on to see a nice prolonged drop down to almost a 2 year low. Now that price has touched the lower trendline and 12H RSI has dropped below 30, I believe a short term reversal could be imminent. Price has also entered a strong Demand Zone that has seen 5 significant bounces from this area in...
EURGBP is bouncing from important daily support. The pair is trading in a steeper bearish channel, we are expecting the consiladation has given enough time for bulls to make a comeback. The price will rise from current levels. Trade your levels accordingly.
Potential Short/Sell on EURGBP Inverse Head & Shoulder has been formed Together with Falling Wedge Pattern
My view on EURGBP ist long, cause we will see in short time a break of the bearish trendline followed by an inverted head and shoulder pattern on 4h timeframe. We can also see that the price going sideways an build a big support for a possible trend change. So have a eye on this pair. Happy trading
Potential Bullish movement to the upside Price has broken out of the falling wedge pattern We will look to take long positions once it breaks the resistance level @0.83550 Our TP1 would be @0.84480 Our TP2 would be @0.85450
📉 Expecting bullish price action as price takes liquidity below sell side liquididty and weekly lows that means market is due for a bullish reversal on a intra-week perspective, i think we will hit 0.84000 this week and then look for shorts. What do you think ? Comment below..
Share your idea in the comment section about this pair and let's debate Happy New Year, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
The H4 and daily divergence show weakened bulls, with a triangle in H1. I will be waiting of the support rejection to buy a position.
Waddup Good People :) I have bullish bias here. There's a very nice potential Pattern Separation play here. Looking for either a push down then reversal impulse plus LTF Bull flag for entry or a Push up from current Price then LTF bull flag for entry.
EURGBP retracing back into demand pool to soak up remaining long orders to create another imbalance momentum upwards. Note: This has already been visited so approach with a 2:1 R:R trade.
We're expecting EURGBP to continue trading within the range after seeing two bullish candlesticks on daily closes over the last two days. We took this trade in November expecting a further push but only had a couple of take profits hit. We've now revised this to take profits on the way up to the top of the range. Price is currently trading at bottom of the channel...