ICT Trading Price rejected from bullish OB of H4 TF. Price change of structure towards bullish breaking and closing about the swing high of M15 swing high. Set a long trade at bullish OB in M15 taking H4 swing high.
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
EURGBP Short trade during consolidation and rejection of strong resistance level. Nice bearish outside bar. Currency Strenght Meter confirmation. High Stochastic R:R 1:1 and Stop Loss above candle high.
EUR/GBP, it's nice to see a strong buying reaction at the price of 0.85860. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from the...
We looking for buying opportunities as we broke the bearish trend resulting in a change of trend to the upside
💹 Let's review and update our previous analysis of the EURGBP currency pair returning to the box. 🕰️ In higher time frames, we are still observing a range-bound movement, similar to lower time frames. This type of logical oscillation is expected given the policies of the UK and Europe, resulting in minimal fluctuations between these currencies. 🌟 As previously...
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...
Here I have EUR/GBP on the 4 Hr Chart! Ever since its visit at the Support Zone @ ( .8534 - .8528 ), Price has been steadily making Higher Highs and Higher Lows with the most significant High in the Price Action being Friday's High reaching the Resistance Zone @ ( .8586 - .8581 ) on the release of LOWER than expected NFP numbers for USD ( 175K Actual - 238K...
EUR/GBP is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.85808 1st Support: 0.85636 1st Resistance: 0.86184 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
A bearish AB=CD pattern is the opposite of its bullish counterpart. It typically forms during an uptrend and signals a potential reversal to the downside. The pattern consists of four price points, forming specific geometric shapes, where the CD leg retraces a specific Fibonacci ratio of the AB leg. Traders look for this pattern as a signal to potentially enter...
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related like the AUDNZD. Any major movement...
The current situation in the EUR/GBP market indicates a notable demand zone, primarily centered around the 0.85800 level. This zone suggests a significant level of buying interest or support for the euro relative to the British pound. Additionally, there are notable demand levels at 0.85600, 0.85200, and 0.85000, further indicating areas where buyers are actively...
EURGBP for Short Small Trade showing my ADCB peterns
A price action above above 0.8650 supports a bullish trend direction. Bullish confirmation for a break above 0.8630. The target price is set at 0.8675 (just above its 200-week simple moving average). The stop-loss is set at 0.8560. Building a base on major support, which might support the bullish trend. Furthermore, a break above and slight reversal will support...
Confluences that indicate that EURGBP will be bearish till the rest of the week 1. the wk fvg has been mitigated 2. break of structure with the Change in the state of price delivery 3. retest on the Mean threshold of the Bearish order-block 4. 0.702 fib retracement level coincides with the mean threshold 5. liquidity pool below the market structure 6. an old swing...
Hello Traders, I hope you doing great. for upcoming week, we'll have two option. The first one is waiting for blue zone and take long, and the second one is waiting for red zone and wait for confirmation of sell. if this post was helpful to you, please like and share.