Hello,Friends! Bearish trend on EUR/GBP, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.851. ✅LIKE AND COMMENT MY IDEAS✅
Price is to fall toward our bullish order block of 0.85259, a pullback support that aligns with the 38.2% Fibo retracement. A reverse from this point could lead the price to rise to 1st resistance at 0.85638. If price breaks below the pivot, it could fall to 1st support at 0.85186 , a swing-low support level.
EURGBP 30MIN R:R = 3 DBD ZONE : This zone is calculated by supply and demand method
EUR/GBP continues to test a prior level of multi-month support around 0.8550. If this is broken convincingly then the 0.8500 area looks likely to come back into focus. focus on TP! if you get benefit on this idea please comment on below..
Eurgbp currently hitting support and aboit To go bullish based on vwap volume profile Moving averages and price action signal confluences
Buyers strength kept increasing after for over 24hrs now and currently trade at 0.8585. A buy opportunity could be seen at 0.85389. Stop loss - 0.85230 Target - 0.85928
Price appears to be oversold and bouncing off support, we could expect price to trend up in the coming week.
bullish shark pattern + Bullish RSI hidden divergence + Breakout of falling wedge PS never risk more than 2 % of your capital per trade
EURGBP it's been trading between 0.85100 n 0.87000 we are currently in a strong support as our lowest level am gonna be looking buy with tight stop loss as we have news today target 0.87000
EUR GBP, stopped at SnR zone and FVG from the past. Yesterday, Impulz made its first swing...after being knocked out by the abbot on Long 3 RRR
We notice a shift in Market sentiment on the 4 Hour. Once we get our confirmation, Then we can simply trade. The Idea is set. we are Bullish because the trend just shifted to bullish. Markets are now retracing for discount value then spring up. we wait for that confirmation then we can enjoy the benefit. Trade carefully.
Hello,Traders! EUR-GBP went down just As I predicted but the pair Has almost reached a Horizontal support of 0.850 From where I believe We are likely to see A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
According to the price reaction in the support range, it is expected that wave c has ended and the beginning of the upward trend according to the specified paths is likely
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85450 which is a pullback resistance. Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85049 which is a swing-low support. High Risk...
I see support broken that is now resistant and the market structure is currently making a lower high for a new Lower low
we needs good strength of buyers in the area for the market to breach the seller zone be a part of buyers