Considering that after some fluctuation, a downward wave has formed, it is expected that the continuation of the downward and corrective trend will be formed. If the price stabilizes above the support range, the above scenario will be invalidated
I used to trade forex for years and still stuck with it. EURGBP shows bullish sign and ready to run upward. I'll BUY this pair until 50% correction (if any)
Hello everyone ... if price break our entry areas then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck..
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Tomorrow we'll see results of yearly CPI on GBP Like, comment...
according to eurusd and gbpusd charts, its time to start an uptrend.
Ahead of the European cash open, we welcome potentially heavyweight UK data at 7:00 am GMT. As I am sure you’re already aware, I must point out that traders will be viewing the unemployment metric with some trepidation due to problems with data collection. Market consensus, however, forecast a slight uptick in the unemployment rate to 4.0% in the three months to...
The depicted zones are critical for #EURGBP .The price can react to them and can be entered in long/short positions. Up to your entry type and risk management set TP/SL. Do not forget that you cannot succeed in this market without proper risk management.02/12/2024
buy limit eurgbp fair value gap, order block, discount area, S&R
came out of bearish channel testing the strong support tested many times at moment price moving in side ways can be a stop buy trade
It is expected that wave c will end in the current support range and also in the specified time range and we will see the beginning of the upward trend. If the price crosses the level of 88.6%, the downward trend is likely to continue
TO THE T THAT IS ALL IM SAYING!!! I will link the previous post to this post to the the before and after! If you are interested in my setups and would like to learn my strategy and how I see the markets, hit me up in the comments!
Here I have EUR/GBP on the 4Hr Chart! Price seems to be stuck in Consolidation but with a closer look, there tends to be a slight Rising Channel in the mix!! I suspect Next Week (Feb. 11th - 16th) we will see massive movement in this pair simply because of how heavy GBP is with news those days! Now initially this looks like a potential Bear Flag to me with this...
I just love the way this pair follows a channel trend pattern. Again inverse head and shoulder pattern identified probably for a long position. Channel broken to the upside and retested. A long position above break of 0.85680 is imminent
Hello traders, I want share with you my opinion about British pound. Looking at the chart, we can see how the price recently started to decline in a downward channel, where it soon fell to the support line and at once bounced up to the resistance line of the channel. Then GBP turned around and declined to the 0.8570 resistance level, which coincided with the...
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.85320 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 0.85320 support and resistance area. Trade safe, Joe.
FX:EURGBP Hello friends, I have identified the formation target, entry zone, and stop level on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
As we are already in EU sells, EU made a nice rejection on 15M chart, Expecting the same weakness on EURGBP, where the price stands on a nice 15m level. Low lotsize sells, hold for 2-3 hours max and close, its Friday..
After some fluctuation, the continuation of the upward trend is expected to form a resistance range. In this case, by passing the resistance range, the continuation of the upward trend will be likely. Crossing the green support zone will confirm the downtrend