It is coming back from the bottom of the range. The probability of success is 60%
EURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the...
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...
EURGBP has shifted to a bullish sentiment by forming HH and HL. Possible trade opportunity.
D1 - Price is bouncing higher from a key support zone. Bullish divergence. H4 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further in the short term after pullbacks.
There has been a reaction to the downward trend, but there is weakness in the correction and as a result, the power to rise. The targets have been identified
Detailed EUR GBP forecast as well as a Euro British Pound technical analysis via moving averages, buy/sell signals, and common chart indicators.
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85500 support and resistance area. Trade safe, Joe.
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 had been trading within a large horizontal range on a daily basis for over a month. However, last week, the price successfully broke above its resistance level, indicating strength from the bulls. The price is now testing the previously broken structure and is expected to continue rising. Potential targets are at 0.8602 and 0.8619.
EURGBP 30MIN R:R = 3 RBR ZONE : This zone is calculated by supply and demand method
The EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the...
buying opportunities as the price breaks above and now fills all the rejections it might continue to push up if price breaks on 0.85600 the the long opportunities are now violated thus we wait for daily close on the trendline
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
EURGBP has showed solid buying at demand zone and on lower time frame it's break the neckline after the conjunction for few weeks. we are going to target the current supply and our SL will be recent low. Thank you for reading.