EURGBP: Watch To Buy Around 0.8500 EURGBP is going up and down for a long time. To be more concise, it has been moving for about 3 months in a narrow trading range of 70 points. You may find more details in the video! Thank you and Good Luck!
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8568 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.8596 which is a level that sits above a pullback resistance. Take profit is at 0.8531 which is a pullback support. High...
Hey Rich Friends, EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at: - Prior rejections in this area (red rectangle) - Candles below 200 EMA - 200 EMA preparing to cross 50 EMA on the Weekly time frame -MOM is negative - STOCH below 50 - GBP news on Tuesday, Wednesday, and Thursday Market Execution Or Sell...
Hey Rich Friends, Although this trade took some time to develop, I am happy to see that my TP 1 was hit and hopefully the market will continue to sell. I used the same strategy that I posted about in my viral Editor's Pick video, "The Best Forex Strategy I've Used in 3 Years | 4 Indicators" and you can learn more about it by watching it on my Tradingview page....
EURGBP Buy Setup examples for my trading Academy for pratice
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURGBP Can Move Lower After The Eurozone CPI data today Today I prepared an analysis on EURGBP. We have also the Eurozone CPI data which will be the main catalyst for this movement. It will be risky overall but the price may continue to develop inside the pattern again. Plan your trade, Trade your plan, and use proper risk management. We are not market makers....
Identify a liquidity sweep identify the break of structure identify your poi(fair value gap, imbalance, order block, break block, or inverse imbalance) Personally I use FVG or imbalance
Hey Traders, One of the best pairs to use and understand price action trading on is the EURGBP. That's because there is so much tight range data to go off. Here's a demo.
After having or patience tested this entire week, the markets are finally producing the setups we want to see! The mark of a good trader is the ability to sit on your hands when the opportunities are scarce, while the bad trader loses all his money forcing trades in subpar market conditions.
FX:EURGBP EURGBP consolidated between the 0.85300 and 0.85585 price levels before breaking above to create a higher high. At the high on the 30-minute time frame price created a double top that has yet to be retested. After the formation of this pattern price fell. The 61.8 Fib level aligns perfectly with the breakout of that consolidation area. If the 61.8...
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
EURGBP is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85688 which is a swing-high resistance. Stop loss is at 0.85838 which is a level that sits above a pullback resistance. Take profit is at 0.85326 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin...
Price had arrived at daily support and price seems making a wyckoff pattern here. Will it moves up eventually to make this wonder pattern come true? Lets see
EURGBP is is rising towards the pullback resistance, price could potentially reverse from there and fall to multi-swing low support. Sell entry is at 0.85331 which is a pullback resistance aligning closely with the 50% Fibo retracement. Stop loss is at 0.85606. Take profit is at 0.84995 which is multi-swing-low support level. High Risk Investment...
EURGBP is rising to the sell entry and from there, it could pullback and fall to the take profit level. Sell entry will be at 0.85620, the overlap resistance. Our take profit will be at 0.85046, the swing-low support. The stop loss will be placed at 0.86040, the swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Amidst the current consolidation of DXY, my focus shifts towards the exotic pair EURGBP. Exotic pairs tend to exhibit heightened volatility during periods of DXY consolidation. I anticipate EURGBP to fill the Liquidity Void on the H4 Timeframe by mitigating the H4 Order Block. My trading strategy involves waiting for confirmation during the London session...