Note : I still see the market bias has not changed in this pair like my previous analysis (link below), but as price development progresses we see the XABCD bullish continuation pattern formed, so let's use this opportunity and here is the plan Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish...
looking for slight push higher with the bulls before running with the bears. Target 0.84500
Plan : wait for prices to bounce off horizontal / trendline support --> 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 investment decisions. ...
Eurgbp looks ready to reverse back up so im buying on a fresh H4 demand retest with small 30 pips stop and over 500 pips target.. madness!
EURGBP Analysis wait for breakout or rejection *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 investment...
Price is expected to move upwards but will take some time to grow !!
Note : falling wedge pattern --> breakout --> wait for the price to bounce off the trendline support --> 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...
EURGBP 4H Outlook **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 investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for...
Intraday bias in EUR/GBP is turned neutral with a temporary low formed at 0.8521. Considering diminishing downside momentum as seen in daily MACD, we’d expect strong support from there to bring rebound. On the upside, our first target is 0.8630/50. A break of 4-hour 50 SMA and yesterday's high around 0.8680 will indicate short-term bottoming and bring stronger...
A significant downward trend, but the support line can still be ignored at 0.85, with low chances of such support not responding to increases. The RSI supports our buying strategy. Target: 0.8670
EURGBP BUY LIMIT Entry 1 .85350 Entry 2 .85180 Entry 3 .84940 Sl .84749 TP.1 .85680 Tp.2 .86600 Tp.3 .87200 Tp.4 .88000
ENTRY 1 .85580 ENTRY 2 .85280 ENTRY 3 .84980 SL .84889 TP.1 .86280 TP.2 .87280 TP.3 .88380 TP.4 .89480 TP.5 .90580
ARE BUYING ZONE FOR LONG TERM SWING ENTRY 1 .85580 ENTRY 2 .85280 ENTRY 3 .84980 SL .84731 TP.1 .86280 TP.2 .87280 TP.3 .88380 TP.4 .89480 TP.5 .90580
A Stochastic indicator on line 7 signals the end of the declines. The RSI is also very low on line 40, almost at the level it had in April when the eurgbp rose from 0.85-0.94. The support line at 0.8520, 100 pips lower than the current price. Buy in the support line area with a target of 0.8720 or buy now with the same target price (slightly higher risk)
BUY EUR/GBP ENTRY 1 .86250 ENTRY 2 .85980 Sl .85700 Tp.1 .86500 Tp.2 .86800 Tp.3 .87150 previous set up call
eur/gbp buy on candle open entry 1 .86250 entry 2 .85980 sl .85650 tp.1 .86500 tp.2 .86800 tp.3 .87100