Right! I will keep it simple. EURGBP on the weekly timeframe currently resides within a DEMAND zone, indicating the possibility of an upward movement in price from this region. Additionally, on the daily timeframe, price has shown rejection at a supportive level. Furthermore, the hourly chart has transitioned from a bearish to a bullish stance, while the 45-minute...
EURGBP - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURGBP Entry - 0.8572 Stop - 0.8587 Take - 0.8538 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The price accumulated volume and sellers could not overgo buyers and price rejected. The next action here most probably, for me, is that the price will go down minimum to order block zone< which is the level that we can place buy order. Good Luck to All!🙌🏽😎
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85700 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85700 support and resistance area. Recent remarks from ECB President Lagarde indicating the likelihood of rate cuts have injected...
Hello,Friends! EUR/GBP is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of...
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.85688 Why we like it: There is a pullback resistance level Stop Loss: 0.85916 Why we like it: There is a pullback resistance that aligns above the 38.2% Fibonacci retracement level Take Profit: 0.85204 Why we like...
I have been short on this pair since last week. The pattern has completed and then gone into profit, before reversing. As I am expecting in the short term GBP to strengthen, it is one to look at.
A good. structure HTF. We have to wait for a good confirmation Lower Timeframe ! Keep it Simple!
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8563 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8540 Recommended Stop Loss - 0.8575 About Used...
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.852. ✅LIKE AND COMMENT MY IDEAS✅
We can see more potential up word for price action be patience for complete of flag to go lang
Aiming for the price to undergo a correction from the 4H OB and retrace to the OTE (Optimal Trade Entry) Area of the last bullish impulse.
EURGBP is in a bearish trend overall and we can expect the sell from the 5m supply zone because we have a smart money trap below supply and that's where most of the traders are taken out and we can then sell on our supply zone with confirmation on 1m timeframe, as I don't have premium they did not allow me to publish 5m chart although the analysis is on 5m...
✅EUR_GBP has retested a resistance level of 0.8567 And we are seeing a bearish reaction With the price going down so I think That the pair will go even lower SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85400 support and resistance area. Trade safe, Joe.
Hello traders what do you think about EURGBP ) ? (Technical analysis forecast)📊📈📉 EURGBP peris bullish trand pullback short last week erugbp peris big bullish 0.85447 short .084977) 📉 tast support pullback reset taste down resistance 0.85686) price big 🐂 bullish candle pullback short 0.85116) 📉📊 (Short analysis forecast)📈📉📊 Selling short entry EURGBP peris...