Hello, Friends! After some time of sending us mixed signals EUR/GBP is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Backtesting we can see that the market has retested that zone quite a number of times, making it a strong zone, looking at a successful push to the upside with a risk:reward ratio of 1:2, a W like pattern has been formed from the previous support zone confirming the setup to the upside Buy Stop: 0.83594 TP: 0.84125 SL: 0.83340
We can actually compound on this for a continuation in the trend
Yesterday I have Entered this trade with 5 pips stop loss using 2% of my bank account. Currently it moved 50 pips in my direction. I just put it a bit above breakeven. Entry Reasons: On Montly/Weekly we can see that: 1) The price is slowing down. 2) On weekly chart we can see a Falling wedge formation. 3) Plus it is on monthly support level. 4) Also we can see...
EurGbp seems to have found support in the 0.83 area and yesterday confirmed this level once more. A new leg up is possible in the case of this pair and a visit to 0.8420 resistance. I favor buy trades as long as 0.83 is intact
eurgbp ready to pullback are you ready ? market breakout strcutre on h4 now we confirm in m15 market break the structure we expecting now bullish move
Strength is coming back to EUR. it could be sign of trend reversal. I will be closely watching EUR/GBP for a week or so... Small position taken... Good luck and goy shaa
Looking forward for a quick move upside.. trade wisely.. good luck
There is an untouched cloud Resistance above the price I think for the short time (term) it is to have a downtrend to the untouched cloud range This is my personal opinion. Please do not trade based on this data
I'm waiting to go long on EURGBP, targeting more than 200 pips. Please like this TA if it's helpful to you and share your thought in the comment section.
📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 EURGBP technically based idea, we can see price is break first zone, technically indicators showing we can expect higher bullish...
As you can see , there is a clear breakdown at eurgbp , if price level is higher than fibo 0.6180, we can keep long positions
Fundamentals : EUR's upside = Easing covid restriction and accomodative fiscal policy Vs. UK's Downside = Surging inflation, Brexit restructuring and tightening of fiscal conditions Technicals : Horizontal and diagonal monthly support levels along with regular divergence that is emerging. Regular divergence
Hello traders, here is EURGBP analysis . After hit the support level we'll expected to see a retracement. a good trade for 100 pips expected . Good luck.
the EURGBP price BREAK THE KEY LEVEL & RETESTED🔥 i predict a bullish move 🧐TARGET: 0.84774 🎯
📉 Expecting bullish price action on this pair as price should fill the bearish imbalances on the H1 around 0.84000 area, where i would look for short entries. What do you think ? Comment below..