The ICT Power of 3 Model outlines a structured approach to interpreting market dynamics: 1. Accumulation (Asian Session) : During this phase, Smart Money strategically accumulates buy-side and sell-side orders, setting the stage for subsequent market movements. 2. Manipulation/Judas Swing (London Session) : In this phase, market participants are enticed into...
OANDA:EURGBP SHORTposition can be taken in the specified ZONE There is no position before the ZONE
Hello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago declined from the 0.8570 resistance level to the 0.8520 support level, which coincided with the buyer zone inside the range. After this price rebounded up from the support level and rose almost to the top part of the range, but...
Considering that the support trend line has been broken, the likely scenario is that the continuation of the downward trend will be formed according to the specified paths. If the price crosses the resistance range and stabilizes, it will be possible to continue the upward trend
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...
HEY, this is just an opinion, its not a trade setup.. trade at your own risk. i will buy around 0.85250 level. Thanks
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block. Fundamental news: On Thursday we...
The EURGBP successfully broke through a resistance line in an ascending triangle pattern on the 4-hour chart and ended below it. This indicates that sellers are in control and raises the likelihood of a return to a bearish trend. The next targets for sellers are at 0.8529 and 0.8505.
Hi there, EURGBP is touching a supply area in the 0.856 area range sustained by the 0.85641 high. Therefore, the current bullish candle isn't clear, and the price might drop due to pending news. Expecting a drop nearing the 0.85200–0.85121 for a pullback targeting the 0.86200 for a bias of 0.86708. If the price breaks below 0.84940, then the setup will be...
EG has completed a 3 correction wave on M15 im expecting price to bounce to higher highs from here due to H1 trend is up. Let me know if you have any questions.
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8565 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8556 About Used Indicators: The pivot point itself is...
Hello,Friends! EUR/GBP is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.854 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so EUR-GBP is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.853. ✅LIKE AND COMMENT MY IDEAS✅
A short position, With an ending diagonal as our reversal pattern.
rejection multiple times the 0.85697 major area of support, i expect price to keep dropping down towards the low of 85462
it and shown us that we heading in the buy movement lets make some cash by buying this trade