Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: H1/M5 1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It...
EURGBP is in a downtrend on higher timeframes and now, in my opinion, is starting a corrective move on lower timeframes after having broken the previous low at 0.85. We will have to wait for confirmations, but I believe that we will have a short opportunity, in the retest of the 0.85 level, or higher on the major downtrendline/SMMA, I drew on the chart the 2...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I wait price to continue the retracement and then to reject from trendline + FIBO 0.5 level. Fundamental news: Tomorrow (GMT+3) we will see results of CPI on GBP and on Thursday (GMT+3) we...
Pair : EURGBP ( Euro / British Pound ) Description : Completed " 12345 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Resistance Level
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so as I mentioned in my previous analysis, price filled the imbalance and rejected from bearish order block + institutional big figure 0.85000. Like, comment and subscribe to be in touch with my content!
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. My point of interest is if price continue the retracement and fills the imbalance higher, then rejects from bearish order block + institutional big figure 0.85000. Like, comment and...
The euro, as the second most traded currency globally, is heavily influenced by the political stability of the European Union (EU) and global geopolitical dynamics. The stability of the euro is linked to the political environment within the EU, where recent events like the rise of EU-skeptic parties and political turbulence in key member states, such as France and...
After breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned...
EURGBP has been on a downward trend for some days, I expect the downward movement to continue, from currently position, I am expecting EURGBP to move downward and make a new lower low.
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill that huge imbalance lower and then rejects from bullish order block. Like, comment and subscribe to be in touch with my...
Yesterday I SHORTED this pair from just below the WR1 pivot. There was French and German Flash Manufacturing & Service PMI this morning so I banked the profit and waited to see what the print was. All releases came out in green numbers and inevitably this gave a boost to the EUR. Key now was the realease of the same data out of the UK. This too came out in green...
Since the middle of last week we have seen all GB P pairs selling off. GBP/JPY was a gift of a week last week for traders as price repeatedly hit areas of resistance only for GBP/JPY BEARS to push the price south. Every trading day last week the price of GBP/JPY hit the WR1 pivot and retreated and the WR1 and WS1 pivots are key to my trading as you can plot these...
Hello Traders In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Currently, EURGBP is exhibiting bearish institutional order flow , leading me to anticipate a continuation from the current H1 Bearish Order Block. The objective is for price to reach the Daily Bullish Order Block, our current Draw On Liquidity. This sell opportunity holds a high probability due to the presence of low resistance liquidity towards the...
There has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identified
Detailed EUR GBP forecast as well as a Euro British Pound technical analysis via moving averages, buy/sell signals, and common chart indicators.
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...