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✅EUR_GBP price grew again to retest the resistance of 0.862 But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURGBP was trading in a range for a while it has given breakout on friday and closing was bullish buying is a good option once its in correction zone.
Hello Traders, I hope you doing great. for upcoming week, we'll have two option. The first one is waiting for blue zone and take long, and the second one is waiting for red zone and wait for confirmation of sell. if this post was helpful to you, please like and share.
The overall trend on the monthly chart is bullish. On the weekly and daily charts, we have a bearish market structure indicating we are in a correction. On the 4 hour chart, we are awaiting a break of key structure to confirm bearish momentum. I am looking to trade the bullish correction thereafter targeting the disequilibrium between 0.85 to 0.87
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
Hi traders, we can see the structure of EG rallied upwards from a demand area where it rejected off well. It continued bullish with a HH & HL structure which might tend to continue. At the current level I expect to get continuous rejections to confirm the LONG trade. Don't rush into impulsive trades, wait for price to come at significant/psychological level in...
Expect for EUR may drag market but expect GBP to uphold structure of market providing inclined momentum to TP 2 @0.75% - .86207, dont expect USD to bounce back although JPY may force market to take -15%-20% decline if not expect market to reach the safe breakout zone @ 0.9% @ .86393
Considering the recent upward wave, it is expected that after some fluctuations, the continuation of the upward trend will be formed and the resistance range and the resistance trend line will be broken. If the price crosses the support range, the upward trend will be delayed
Instant Buy Now Position at EURGBP based on bullish Trend over Trend line since there is no Visible Indication of divergence. market may again pump after touching to magic ratio numbers. Keep your SL aligned with your Risk Managment. :) what are your thoughts?
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #EURGBP explained. Price action analysis & key level
Current Account is Down a bit Return to previous level pattern Weak at the Moment on Currency Strength Metres Doesn't have far to go as far as Sentiment of Traders only 8 pips Short Target but that can run on past. I Say heading down 14 big ones : )
Weekly timeframe - Bigger picture bullish impulse bearish relief counter to the trend - Retest of the false break zone - Inverse head and shoulders/fake-out flag - Bullish fib in play - Bullish supply and demand zone Daily timeframe - Bottom formation (double bottom/reversal indication) - Multiple not yet completed bullish M's (one fake-out/outer structure) -...
EURGBP was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
EURGBP chart is printing in Sideways Trend. I'm doing trade in 1h time frame but first select 4h time frame and use Line chart to make Support and Resistance levels with horizontal lines at it's Peak and Low levels. My Trade Strategy is doing short from 1sr Resistance Level. Sell Limit: Entry Price at R1 with Stop Loss at R2. Entry Price (Sell Limit) :...
This morning I shorted EURGBP. I spotted a test of a solid falling trend line on a daily, my confirmation to sell was a double top formation on an hourly time frame. Goals: 0.8558 / 0.8553 ❤️Please, support my work with like, thank you!❤️
EURGBP is Currently rejecting a strong support on H4 with Bollinger Bands along with the stochastic Oscillator giving us the confluence to go long. Proper risk management is applied in case the market breaks below the support.