We are in a bearish orderblock area on a daily TF, price took out liquidity above buy side liquidity(retail trendline area) rejecting nicely before. This currency pair has a lot of un-filled bullish imbalances that tend to magnetize price back into those areas expect to see bearish price action till 0.84500 / 0.84000 What do you think ? Comment below..
W1 Tf - LONG bias D1 Direction See where price will go next week. 1) If price does not break D1 supply, go for SELLs and follow the market 2) If price breaks D1 Supply, look for BUYS (higher probability) H4 Intermediate Buy opportunity H1 Entry - buy zone identified Temp buy before price reaches high curve in Supply zone
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Price should retrace lower after rejecting an important bearish orderblock on h4, price filled all bearish imbalances and right now should be magnetize back above bullish imbalances around 0.84000, best case scenario target is around sell stop liquidity 0.83800 where a lot of buyers hold their stops. What do you think ? Comment below..
Looking at a long term swing trade for eurgbp. We have played into a nice weekly orderblock and are showing signs of accumulation on the lower timeframes. We are at discounted levels right now hence I believe it is a good place to long. Potential take profits are shown through purple lines. Risk 1-2% Potential risk:reward => 1:10+ DISCLAIMER: I am not a...
Buy if price drop back to demand TP : red lines SP under the LL
In this update we review the price action in EURGNP and identify a high probability trading location to take advantage of
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP. * looking for trend continuation on this pair. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS...
EURGBP is almost ready to reverse but we have 2 potential areas where it can reverse from. The first area is a parallel channel support where price has respected the upper limits a number of time. The second area is a structure level where price has reacted to aggressively. Either of these 2 areas would be great for reversal. Trade Idea: - Watch for the bounce...
Waiting for a break of the trendline for a sell position towards the intended target.
Date 18/11/2021 @ 4pm Malaysia Time (Euro Open) EURGBP LONG @ 0.83800 SL 0.83400 TP 0.84600 Period 3 to 5 days TAYOR - Gd Luck
this is the chart of eurgbp you can take advantage of these easy pips make sure it creates 3rd touch on trand line and doesn't break the support area that's why I am taking a small sl Good luck mate 🥰🥰
EURGBP is in the sideways market, I see a potential trade to take a long trade because there is a correction happening.
If we enter the structure (yellow line) and pullback to that we get 38%(blue line) and after breaking that we will risk free the position and go for 61%.
This is by far my favourite setup of the morning. I am not taking any trade until we get a shift (BOS) because EUR is extremely bullish and could take out the high. I will keep the team updated.
EUR/GBP 6HOURS PRICE CHART EUR/GBP FOR GBP-STRENGTH: EUR/GBP had traded heavy, with a fresh yearly low printing in late-October. On the 04/11/21 GBP weakness, however, has allowed the pair to jump up to a fresh monthly high, finding resistance at a Fibonacci level plotted at .8556. That resistance would need to hold through to keep the door open for bearish...