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...
Here is my view for EURGBP on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, let’s focus on EG, we have a clear view of price at this point, we broke a Trend line and we have a retracement back and we are looking to buy at this point, tell me what you guys think about this trade guys
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!
EURGBP- we did not have a clear movement on this pair especially when both currencies have the same momentum demand and supply. We are expecting price to continue dropping until it drops to our area of entry!!!
EURGBP is in descending channel and in a bearish trend. Price bounced off the psychological level of.88000 that was tested multiple times before. We expect the price to retest the support levels and further move down to the psychological level of 0.86000 + resistance + 50% fibo level. ------------------- Share your opinion in the comments and support the idea...
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.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Yearly A confirmed UPtrend makes proper high and low after the last valid low price is on their above equilibrium a clear flag pattern is also here, and wick offspring also confirm themself 2:📆Monthly: bearish trap at monthly lows and long wick and big Imbalance area at the above side, so the price may...
EURGBP created a double top at the kill zone and psychological level at 0.8900. Price is moving in the descending channel, and a complex pullback was made . The market printed a bearish harmonic pattern. We anticipate a sell off and bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURGBP sell Entry : 0.88873 Stop : 0.89172 , Target1 : 0.88547 , Target2 : 0.88272 Risk/Reward Ratio : 2
Welcome . Euro pair against the pound. in a very negative state. With a head and shoulders pattern. There is a lot of pressure from the sellers to bring the market down. to 87,500 levels in the first stage. And level 87000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
#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...
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement at Fibonacci Level - 38.20% Break of Structure Completed " AB- wxyx " Corrective Wave and Making its " C - z " Wave Bullish Channel in Short Term also acting as an Correction and Rejection from...
EURGBP is consolidating following a massive sell-off.. Price move is in the descending channel. The market is printing potential AB=CD pattern, and recently it made a sharp move, which is AB leg. We anticipate a consolidation zone breakout and retest of support levels as well as a fibo extension level. ------------------- Share your opinion in the comments...
eurgbp is in uptrend making higher highs and lower highs. Buy price, stoploss, tp1 and tp2 prices are mentioned on the chart.
From another point of view, in the 4-hour period, we see a positive divergence and reaching the trend line with a lower slope and a resistance range from the previous movement, which can now act as a support, which is exactly overlapping with the B area of the pattern in the range of 0.88456. And it is expected to complete the divergence in the first step in the...