EurGbp 5 wave up has ended. Also divergence. Has reached fibonacci 61.8.
EURGBP (Update) EURGBP Has been Moving in Parallel Channel From last 30 Days. Recently, Major Resistance got Rejected Again & Now Again Heading towards the Major Support. In Bearish Case, If Remain Below the Resistance, Expecting +120 PIPS Bearish Wave. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts...
Played out nicely next phase coming
EurGbp ABC correction of wave 2. Buy at 61.8 fibonacci ration and 100% fibonacci extension.
Price formation played out. Analysis details on the chart. Currency pair: OANDA:EURGBP Cheers, G.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8441). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8441). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
EUR/GBP Set for Bear Move after Brexit negotiation lock finally broke . EU gives green light for secret Brexit negotiations on PM's Boris Johnson's plan. This saw GBP -The Pound Skyrocket to mars amidst a long awaited move anticipated by bullish Sterling Traders. The momentum sees possible price moves towards the awaited 0.84 Follow HuracanFX Telegram : t.me...
GBP is gaining momentum and CHF is losing it so it's time for us to step in. Entry: 1.27 Stop: 1.255 Target: 1.304 Have a nice week! Follow for more.
With all the Euro and GBP news releases this week, this set-up looks all the more promising. We have EQH's and EQL's forming to produce liquidity above our SC level which is major confluence. We have a 35 pip risk and 600 pip reward to previous highs giving us a 1:17 r/r.
EURGBP took out the most recent low it looks like that its heading down to retest the double bottom. after the market is done with that we will have to see if the market can give us a buy signal to take it back up to resistance and then if the market can break that resistance, lets take it step by step, for now im waiting for a pullback to short it to support if...
This is a closer look at my previous post for the Weekly time frame. Here on the H4 time frame we can see that I am expecting wave 3 to complete to the downside before the price should rally. There was a spike which caused a double bottom though which could see the break come before my structure plays out as indicated here. That means I am waiting for one of...
After GBP bit the dust last week, we spot a little correction before moving up again. Let's see how it is going to turn out. We use tighter stop as it is a short-term trade and the main trend is an upward trend. Entry: 0.855 Stop: 0.859 First target: 0.845 (2/3 take profit) Final target: 0.837 (Fully close) I wish everyone a happy new year!
EURGBP currently retracement on the daily trendline which is also a very important supply-demand shifter channel zone. But the current reaction is not strong enough as you can see, we will observe on 4h time frame movement in the wedge. We expect to see stop hunting and third upside moment then may give us some bearish signal. After that, we can adjust our...
EURGBP is still in a recovery trend. Negative volatility continues in British pound ahead of the release of UK Unemployment Rate (Oct). 0.8460 and 0.8495 resistance levels are significant levels for the continuity of the short-term increases in the parity. In possible retreats, on the other side, 0.8410 and 0.8370 support levels will be on our radar.
Eurgbp - weekly - Price dips into a weekly demand level after falling off the cliff weeks ago.. its only right we get a decent pullback if not a reversal.. lets see how this goes!
*Yellow = 200 EMA | Blue = 100 EMA The first update for OANDA:EURGBP . After a successful analysis posted at the beginning of August, the analysis outlined resistance at 0.93332 and price found resistance at 0.93244, along with that, channel 1 and channel 2 were successful supports, but the initial analysis suggested that around 0.905 level there would be a...