Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
HTF shows there is strong bullish OB reaction so far. But price made a LH. Maybe it breaks the prev high after rejection from the current D Bullish OB.
Note: The previous BOS to the downside hit the bullish OB, and we expected a RTI. That's where the LH was made. So the likelihood of a LL to follow makes sense.
The dynamics of price flow and market sentiment...
After confirming 0.8615 as resistance, EurGbp fell under 0.8550
At this moment the pair is correcting this fall and is trading in a flag pattern
A new leg down can follow once support is broken and a new visit to 0.85 important support
After the recent low at 0.8450 zone, EurGbp has had a first leg up, reaching my 0.86 target.
A correction followed and this seems to be over and the pair found a strong floor at 0.85
A second leg up could be underway and the pair can reach 0.8650 resistance
Buy dips is my strategy
Here is my idea waiting price come to lower, or sell on the top.
If you have any idea, leave comment below and don't forget give thumbs up.
Appreciate it
Key area. I recognize this pattern,it's Bearish.
Trendline Holding 100EMA (red)
Sell to the indicated target
cheers.
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This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
We expect to buy this pair because the price has reached a very strong support level below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
- if you follow this setup, do not overleverage
- do not use more than 1% of your balance
simple and effective:
-speculative setup
-entry piont B - 88.2 fibonacci
-big support zone between S1-M Pivot and S1-Q Pivot
-180 pips SL
-target 1.08590 line 2 trend based fib
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
