WEEKLY : H&S Pattern in play, solid bearish candle close last week to show us that the bears are active, flat wall until previous low DAILY : Bearish W pattern, hedge probability last week showed us that the bears are still too active. 4H : need more cofirmation
Possible buy idea ,we have in mitigated OB with inducement and the OB has a protected low ,a buy might be possible here for EG 4hr scenario
hi, i believe price will revisit blue arrows divergences
Greetings Traders, In today's trading session, our attention is turned towards EURGBP, where we are actively monitoring a potential selling opportunity around the 0.86500 zone. Currently entrenched in a downtrend, EURGBP is navigating a correction phase that brings it closer to the significant 0.86500 support and resistance area. As EURGBP adheres to its...
EURGBP - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long EURGBP Entry - 0.8618 Sl - 0.8596 Tp - 0.8661 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The currency pair is in the bearish trend phase. During the day, the price is consolidating near the support level and is preparing for further decline, as several preconditions point to it: Prerequisites for further decline: 1) Retest of PDL 0.8615 support 2) Strong resistance area. Strong bears in the market 3) EUR looks weaker than GBP on a fundamental...
Hello,Friends! We are going short on the EUR/GBP with the target of 0.864 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Exist trade trade entered on Wednesday, I still hold a residual sell position. I'm waiting for TP. It formed on D TF retracement on Thursday
The price could reverse to the buy entry and bounce off to rise to the take profit level. Buy entry is at 0.86177 which is an overlap support level. Stop loss is at 0.85806 which is a level that sits below an overlap support. Take profit is at 0.87002 which is an overlap resistance level, that aligns closely with the 78.6% Fibonacci retracement level. High...
Considering the recent downward trend, it is expected that after some fluctuation, the continuation of the downward trend will be formed If the price can cross the level of 78.6%, the downward trend will be canceled
EURGBP / 4H Hello traders, welcome back to another market breakdown. EURGBP pair has been trading in a Bearish trend within a larger trading range, the price is showing evidence of pull-back mode so far. Therefore, better wait for better level to get in. Trade safely, Trader Leo
Confirmations entry position : 1- rejection box cadle red 2- RSI zone buy & stochastic opportunity sell 3- matching 4hrs & 1hr
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
EURGBP has completed an Expanding Ending Diagonal. This signals the end of the corrective wave ABC that started from 11 Dec 2023. The next move will typically retrace the entire move and beyond, but this can be a slow pair at times, so I am setting modest target only. Even if you are not trading it, one takeaway is that any shorts you are calling for EUR or...
EURGBP Short Bu SMC Structure On HFT. Price On Bearish Mood, So we Trade The Trend Wave.
EURGBP has bottomed out on the trend and is potentially going to reverse according to Harmonics ABCD Pattern. The trend reversal is furthur confirmed by RSI Divergance.
Enter-0.86238 TP-0.86727 SL-0.8129 Watch out for the EURO news today