FX:EURGBP TECHNICAL CHART Price may up from here
EURGBP Short Pullback and Go new High keep watch and trade safe... Trade manageable lot size and use trail stop to protect your profits from 10 Pips
Why Buy- 1) Weekly Trend Is UP 2) Price taken support from Short Term Trendline 3) Price has taken multiple support from 200 days EMA 4) Weekly Candle is Bullish Engulfing
EURGBP to touch the small downwards trend-line and then reverse back down for short term. It is expected to get back up and cross afterwards. Like the idea for the update!
50 MA above 200 MA, signalling bullish momentum We have had 2 pullbacks to what I call 'value areas' where it is a good area to enter long. Currently it is developing a third pullback into a 'value area' which I think would be a good area to go long from. Target around 0.90140 Stop 0.89100 Good luck!
A pattern confirmed .. Tp1: 0.8869 Tp2: 0.8815 Sl: 0.8974
The day chart of EUR/GBP pair is currently in a descending channel formation. The pair was in a long rectangle pattern formation(sideways) and then broken. But it immediately faces the trendline of downchannel and so it is possible for the pair to exert selling pressure in this price zone. If sideways breakout becomes a fakeout, then a good downward move is possible.
hi again dear check this out and contact us for more info
-The EURGBP 0.20% yearly candle is green having crossed above the yearly open. -It crossed above the 50% mark of the old range. -It's poking above a key S/R level . -The RSI reads bullish (>50) as it breaks above resistance while still having plenty of room to move to the upside before hitting the over bought range. -All of this occurs as EURGBP 0.20% breaks...
The 4-hour chart of EUR/GBP was in the sideways trend. It was in the price range between 0.86983 to 0.88406 . The price action indicates that it has given a bullish breakout from the sideways pattern. We expect the bulls to take control over the counter if it sustains above the price range of 0.88406.
It seems EUR/GBP is hovering around it's bearish channel resistance. It's best time to sell until price @ 0.87300
Confusion Confusion Confusion: This Pair Is Sending Mixed Reactions At The Moment But If We Close Around/Above 8787 Levels (On The 2h TF) Then It Would Be A Perfect Buy. A nice SL will be around 8769 Levels
sell setup eurgbp 0.8745 target 0.8600 stop 0.8800 Please Click "LIKE"&"COMMENT" if you find this analysis usefull
Looks like we are getting a complex correction for EURGBP. (Smells like we just completed an X wave) Expecting a Y wave. Shall see what plays out thereafter. Ultimately, we are looking for a move downwards after this complex correction finishes.
was formired down cycle elliota i think open sell order with stop loss 0.87800
EURGBP : A perfect trade for trend continuation. Hoping for a bigger drop in the coming days. Trade carefully tho, have your SL's in place. SL: 0:872 Levels TP: 0:8647 (Perfect Trade Lol) Levels