EURGBP has Tested the Support and we are looking for buying setup
Well for some weeks now EG as been bearish... We might start seeing the bulls
EUR/GBP is in a range, it has just reached the bottom of the range so is a good opportunity to go long from here with a SL just below the support level this is quite safe. Long term I think the GBP will be stronger so I am not sure whether this will reach the top of the range again, with this in mind keep an eye on this breaking the support level.
Here EURGBP has reached to weekly support level. Now it has broken the previous high and ready to climb. If you are taking this trade, please do risk and money management. Thanks
eurgbp has reached a support which was respected a lot of times now ill be looking for buys on the support
BUY EURGBP ST 0.8843 or Selling after breaking the demand Zone
Looking for potential bounce here in range. Then potential shorts from 0.618 fib. I will look to take some profits here and evaluate again nearer the target. Some potential for some pips though. Always risk what you can afford, and follow an appropriate risk management strategy.
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
EURGBP, tries to break the support but the momentum is WEAK. + Oversold + The Momentum is weak + The price action tells further advance
eurgbp is consolidating and its in a correction move wait for the 3rd touch in small support area and take a buy order , as expected it will break impulsively and will give good profits ( I anlysed it for hours and its expected to move up according to my analysis ) MULTIPLE TIMEFRAME ANALYSIS DROP A COMMENT IF...
Hello Traders, here is the full analysis for this pair Watch strong price action at the current levels for Buy. GOOD LUCK! Great BUY opportunity in EURGBP .. I still did my best and this is the most likely count for me at the moment.
A downtrend is likely to reverse now as it is having multiple touches in downtrend and now it touched the weekly trend line and a strong bullish candle is formed in 1H time frame , put a buy limit few pips above the small 1H structure amd then be patient 🙌
Good luck to you! Don't forget to like and share, it really helps. Follow for more. This is just an idea, not financial advice.
HELLO TRADERS - Again market prices has reaching upto the strong level. - Structure is still looking a bullish behavior. - Looking to buy the pair on rejection.