Guide: Purple = monthly trends Yellow = weekly trends and SR Blue = Daily trends and SR Green = 4-hour trends and SR - the trend is apparently bearish. it is below Ichimuko clouds, Lagging line is far from candles, which can prove the strength of the bearish trend. - the last candle was able to break through a very strong "monthly" trend line. - this bearish...
Developing double bottom and bullish divergence on 4H RSI. EURGBP is also at the bottom of its current channel.
Can go up before going down. I will update here if my analysis was wrong or correct. "TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Hi there, this pair could go long, so observe the price action.
There’s no question for this since everyone else said will keep going down you mean by crashing. But now EURGBP at the very bottom of the support ; seemed like creating double bottom again,this is a good buy position to buy the dip at the support. Should expect a huge green candle this week. This could be a LONGTERM buy, don’t miss the dip so you will avoid the...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. As with every idea trade history...
It's late on but I thought I would end the night sharing some trades I still find myself in come end of the day. POW EDGE trend strategy in use for this EURGBP trade. Entry details are shown on the chart the trade has been live since 20:00 UK time. Working the H1 time frame here and we're only looking for TP3. Previous trades can also be seen on chart and...
Currently price is sitting at the bottom of a channel. It's likely we'll see a rally before further decline in which I'll be looking to hop in short.
Shorting eurgbp will be huge profit,dont miss it thank you.
Hello,Traders! EUR-GBP is trading in a downtrend And the pair broke anothere horizontal key level recently Then we saw a retest of the broken level And a nice bearish reaction Now, I am expecting bearish continuation And a move down towards the local target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
sell short can continue if trend has a continuation be active about that have a good weekend
Possible Roller Coaster on EURGBP Bullish 1hr candle leads me to believe WE ARE GOING UPP wait for price to retrace to .5 and catch that roller coaster ride later (" -LarenzoYouDork
Sell eurgbp should continue to push down sell now! Small risk bigger reward
The pair has been falling since the 12 of November 2021. The price managed to break critical support levels like 0..85355, 0.84725 and 0.84202. Even thought the price managed to close below level 0.84202 on the 17th I’ve been expecting buyers to act. I don’t see the price continuing with a further downward movement. Looking at the picture below we can see that the...
The first target: the middle of the channel The second target: the top of the channel