In the daily time, we identified 4 important ranges in the lower daily fractal. 1-0.92566 2-0.82676 3-0.97358 4-0.77886 All movements are currently considered within the above limits. In the daily time, we are looking for two negative divergences. The breaking of the first trend line with a greater slope is a decisive point. Now, considering that we are in an...
Hello traders, we want to check the EURGBP chart. The overall trend of the market is up and the price is undergoing a correction and at the same time it has reached the uptrend line and also the key area of 0.88200 and 0.88400. The price has been in this area in the past. has reacted, so we expect this area to play the role of a support area for us. If the price...
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Currently, we are on the static resistance of 0.88962. If the above range is broken, we can expect the range of 0.88807 and the completion of a RECIPROCAL, which is considered an important range for the possibility of a correction (ascension). An ascending pattern has been identified, which can now act as a target and after being touched, it can act as a...
6th February daily inside bar, range confined within the previous bar range. 7th February daily bar broke the low of last two daily bars. this is the indication for weakness ahead for eurgbp. supply zone 0.8945-75, stop loss 0.9005, initial target: 0.8845, medium term target: 0.8790.
EURGBP buy Entry : 0.88872 Stop : 0.88372 , Target1 : 0.89382 , Target2 : 0.89872 Risk/Reward Ratio : 2
Had a very busy day and I was supposed to put out this Analysis for you guys, funny how I missed out on EG, but more opportunities will come. Nothing much to say here but stay tuned to my next analysis drop a Comment on what you think about this, and what pairs I should drop next.
EURGBP sell Entry : 0.88508 Stop : 0.88866 , Target1 : 0.88125 , Target2 : 0.87781 Risk/Reward Ratio : 2
EURGBP sell Entry : 0.87575 Stop : 0.88082 , Target1 : 0.87067 , Target2 : 0.86560 Risk/Reward Ratio : 2
EURGBP is basically trading sideways near a major support level . We can see some divergence on the support level and double bottom. Price action has printed a bullish harmonic pattern, which is another buy confirmation. We expect the price to retest the resistance levels and further move up. ------------------- Share your opinion in the comments and...
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!
#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 EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now...
Pair : EURGBP ( Euro / British Pound ) Description : Rising Wedge in Short Time Frame and Completed the Breakout of the Lower Trend Line and Completed the Retracement Completed the Corrective " ABC " Wave and " 12 " Impulsive Wave Selling Divergence Head and Shoulder if Reject from this Resistance then Long Term Sell Fibonacci Level - 61.80%
Price has Brocken above the descending channel and retested the bearish trendline, we expect price to continue bullish
EURGBP buy Entry : 0.88550 Stop : 0.88300 , Target1 : 0.88805 , Target2 : 0.89055 Risk/Reward Ratio : 2
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.
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#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 EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now...