Hello traders, We can see that price has formed relatively equal lows and highs which is famously known as sell-side and buy-side liquidity. What price is likely to do is hunt both liquidity pools because there would be buy/sell orders, stop-losses etc. The market is more often than not going to go after the buy/sell side liquidity, thereby stopping so many...
Hello Traders, EURGBP is in an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect price manipulation in the blue box which is my area of interest to look for a long setup. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's...
I have an idea about eurgbp which is a swing in trend. I'm waiting to see what happens when the price reaches the black box. if there will be any retracement patterns like QM, I would go for a long position.
Hello Traders, EURGBP has entered into an exciting zone, which is a weekly FVG (yellow box) and has reacted. I expected the price to retrace into the blue box which is my area of interest to look for a long setup. This happened on Friday and my long setup didn't come. However, I was expecting price to go deeper today to take out induced early buyers. Hopefully,...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
EURGBP entered into a bearish period, seeing the wave form included in a complex correction wave, a bearish channel was also formed, there is a possibility that in the next few weeks it will still be in a complex bearish period, marked with a fairly high price range but unable to form a new HH. if the wave count is correct, there is a high probability that this...
Hello Traders, I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating. EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before...
Hi fellow traders, EURGBP looks ready for a move higher from the blue box area. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
EURGBP broke out of the descending channel and then dropped. Price pulled back following bearish momentum. It rebounded from the resistance and fibo levels. We expect the price to retest the support levels and further move down from the resistance + 61.8% fibo level. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
EURGBP is making higher lows and equal highs, indicating bullish pressure, or, in other words,it's an ascending triangle pattern. The market is hitting the same resistance level, and eventually the price will break through. We anticipate the breakout of the triangle pattern. ------------------- Share your opinion in the comments and support the idea with...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURGBP is approaching a major resistance level and dynamic resistance. Price broke out of the descending channel and made a two-legged move. The market printed a bearish harmonic pattern, which adds more confluence to the level. We anticipate a sell off and bearish move. ------------------- Share your opinion in the comments and support the idea with like....
Here is my view for EURGBP on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:EURGBP been moving quite tricky within our preferred structure. Seeing a great opportunity for re-entry and continue towards our plan. Risking 2% for 9.5% (I open two 1% risk positions where each is RRR 4.75), I always take amount invested as partial and let rest run. Traders, if you...
EURGBP is in a descending channel and in a bearish trend . Price broke and closed below the psychological level o f.88000. We expect the price to retest the support levels and further move down from resistance + 50% fibo level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:EURGBP been moving quite nicely within SMC structure. Seeing also a great opportunity for sell from this area to continue its move. Risking 1% for 4%, I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it,...
#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...