Date: Dec 7th 2023 - Thursday . EURGBP - Market Analysis for a Potential Bearish Move by Atlas . Topics Discussed: External / Internal High and Lows, Fair Value Gaps, Premium and Discount Levels
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...
GBP/CHF Long • If price impulses up, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I...
Hey Traders, Here's a long lesson in multi time frame analysis after a ranging market of 7 years. It describes how to view the markets and why they differ (divergence) based on timeframes. Watch to learn more.
EUR/GBP Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until...
GBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
Price could fall to our buy entry at 0.8688, which is a pullback support level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.8669, which is beyond the 78.6% fibo retracement. Take profit is at 0.8719, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #EURGBP. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Price is hovering below our sell entry at 0.8687, which is an overlap resistance level, slightly below the 50% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.8724, which is placed beyond the swing high resistance level. Take profit is at 0.8658, which is at the swing low support level. High Risk Investment Warning Trading Forex/CFDs on...
EUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86869 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. Stop loss is at 0.86530 which is a level that sits under an overlap support that aligns with the 61.8% Fibonacci retracement level. Take profit...
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...
Price is rising towards our sell entry at 0.8731, which is a strong overlap resistance level, aligning with the 127.2% fibo extension and 61.8% fibo projection. Our stop loss is at 0.8766, which is an overlap resistance level, and placed slightly above the -27.2% fibo expansion and 100% fibo projection. Take profit is at 0.8686, which is an overlap support level....
Price is currently showing some wick exhaustion after hitting a 4hr area of resistance. Also, price has been making lower lows after hitting a high on a 1hr structure pulling back to the 61.8% fib level. Also showing evidence of divergence on the 1hr time frame as well. If price is able to hold and gives candle confirmations for a sell, I believe we will see a...
EUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.86357 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.86070 which is a level that lies under an overlap support that aligns with the 50.0% Fibonacci retracement level. Take profit is...
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.86744 which is a pullback resistance level. Stop loss is at 0.87020 which is a level that sits above the high wick of the pullback resistance level. Take profit is between 0.86450 and 0.86373 which is a pullback support that aligns...
I missed my initial entry on this idea but saw the market and decided to take an intraday entry in the form of a bearish engulfing candle. I went for a retracement entry and targeted 1:3 risk to reward. Best of luck on the charts
Price is rising towards our sell entry at 0.8668, which is a pullback resistance level, aligning with the 50% fibo retracement and 100% fibo projection. Furthermore, it is at the neckline of the double top that was previously formed. Our stop loss is at 0.8701, which is a multi-swing high resistance level. Take profit is at 0.8634, which is an overlap support...