Long EURGBP, 1W entry 0.85457 sl 0.84758 tp 1 0.88570 tp 2 0.89044 OANDA:EURGBP
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On EUR/GBP, it's nice to see a strong sell-off from the price of 0.8625. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
Here's a nice opportunity to enter in on a nice buy trade and hold for a few days
eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620
EURGBP possible long on D1 demand zone M demand in control W demand in control D1 pending order set @1/3 RR ratio As always once the market gives a 1/2 RR I will be closing half of my position and bringing the SL to entry, while maintaining the final target at 1/3 from entry Happy trading Stay green
It is expected that the current corrective trend will not be able to break through the support range. Otherwise, by crossing the support range, the beginning of the medium-term downward trend will be possible. It is expected that after some fluctuations we will see the beginning of an upward trend
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Price has just bounced off the support level which is an overlap support that aligns with the 78.6% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.85516 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.85204 Why we like it: There is a pullback support level Take...
Technical Analysis: The OANDA:EURGBP pair presents an intriguing opportunity for a long position based on the Fibonacci retracement tool and key support levels identified through historical price action. Scale-in Levels: I have delineated two primary scale-in levels for entry into the trade: the first at the 89% Fibonacci retracement level and the second...
FX:EURGBP Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
FX:EURGBP Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H1 & H4 time-frame - Price is currently at a 78.6% Retracement level from Previous Low-High - Price action should bounce between both Supply-Demand Zones - Price is entering a Demand Zone (Yellow Zone) - Aiming for the next Supply Zone (Blue Zone) at a 61.8% Fibo retracement & resistance...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8549 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8585 About Used Indicators: Pivot points are a...
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
A glimpse of the EURGBP in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?