With the continuous lower highs and lower lows forming, we should expect sells to continue on this pair. We're keen as to what price will continue to do at this level. We already see rejections at the level, and we're looking to pick up entries on the lower timeframes. We're moving with the trend. It's the best we can do.
EUR/GBP is struggling at the bottom of a range for a long time now. However, a reversal might be on the cards as EUR begins to gain momentum while GBP is losing steam. Price is showing some signs of a rebound in a strong support level and so traders can consider buy entries@0.8470-0.8510 with SL below 0.8425 and TP at 0.87. If 0.87 is broken by the bulls, the...
Reversal underway? its time to reversal trend what did you guys says?
EUR/GBP is moving in a downtrend. A slight correction to the 0.85250 price and further downward fall is possible. The breakdown of the key resistance line in the price area of 0.85250 can be considered a signal for a trend reversal
Let me remind you that I am looking to buy EURGBP from early, But unfortunately consolidation went too long. Currently we are seeing that price is approaching a strong Structure level which is Daily. I am looking to buy this pair on dips or if you want you can execute long just after counter line to be broken.
We expect a downtrend to reach 0.85000 level in next move. So we open a short position
eurgbp buy : Reasons : 1)nice pattern trend as you you can see 2)naked candle appeared below 3)can take 2 trades of buy and once it reaches the buy level can take sell too take profit : green line stop loss : red line
#EURGBP The analysis is done in the H4 Timeframe. The MArket is moving in a descending triangle. And pull back strongly from strong weekly support. At the same spot, we have a double bottom that is good price action for buy.
Welcome back Traders, Investors, and Community! Hi Traders, EURGBP on H4, we need to wait for the breakout. ⬆️Buy now or Buy at 0.8485 ⭕️SL @ 0.8463 ✅TP1 @ 0.8554 ✅TP2 @ 0.8612 ✅TP3 @ 0.8715 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Lovely order on EURGBP R:R 1:9 ‼️Attention‼️ As soon as we get 50% ✅ in profit, SL❌ to entry point & Save profit Clear setup @FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward Lets make trading simple W/ @FxShzd Any question comment bellow
Before breaking out we created a smooth support level for breakout buyers to place their stops at. This of course got purged before continuing higher. Now that the majority of liquidity has been taken from this area we should see the next fluid move to the upside. I want to see how price rejects at this current level, my only concern is the weekly low nearby...
Here is my idea for this setup. stop loss: -25 pips if you are fancy put stop loss about 30-35 pips GOOD LUCK
EUR/GBP Signal Market Buy: 0,85500 Stop-Loss: 0,85000 Target 1: 0,86050 Target 2: 0,86820 Stop-Loss: 53 pips Risk: 0,5% Risk-Reward: 2,64
EURGBP is still bearish following the daily trend, I will be expecting the price at 0.86100 or 0.86400 before dropping down. Which is my Zone of Interest.
JUST FOLLOW THE TREND. WAIT FOR A RETRACEMENT, AND SELL. SIMPLE.
#GBPUSD has a very interesting pattern of impulse and correction in the form of a wedge. Now I am expecting a good bullish impuls.