My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8549 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8585 About Used Indicators: Pivot points are a...
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EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
A glimpse of the EURGBP in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
First thing I did was identify the trend. The market is clearly locally in a downtrend, so I was looking for a short today. The next step was to wait for New York's Initial Balance (NY IB) to form. (The NY IB is the high and low of the first hour of NYs open.) Once the IB is formed we wait to see how price interacts with it in order to make an educated...
This pair has been in consolidation within a Wyckoff Redistribution. The Upthrust After Distribution (UTAD) has occurred and the markdown of price may be in progress. This idea is for a short as follows. 1. Enter - .8560 2. Stop - outside consolidation .8600 3. Target - the horizontal resistance 1 ( .8500) near term and longer term the next area of resistance...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85600 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85600 support and resistance zone. Trade safe, Joe.
My bias on this pair is long. and it will be long until around June this Year. Study the price patterns over the years and you will get to this. in the meantime, trade safe.
The price is expected to fluctuate above the green support zone, and after the completion of the corrective pattern, an uptrend is likely to begin
EURGBP - Sell Stop - bearish Trend - Looking to buy if S2 is broken
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Price is rising towards a resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.85856 Why we like it: There is a pullback resistance level which aligns with the 23.6% Fibonacci retracement. Stop loss: 0.85999 Why we like it: There is a pullback resistance...
Daily: - Hedge trade - Natural M (-68 FC) - Bullish M (-27 FC) almost tapped - Solide candle close - Clear S&D zone where bears could kick in Weekly: - MS: Bearish - FIB: Bearish - LCC: Bullish (no wick, good for selling) - ZONE: Bullish 4H: - Waiting on deceleration
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.
Nothing to see here just take the trade invisible trader
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8600 pivot level. Bias - Bearish My Stop Loss - 0.8615 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8576 About Used Indicators: The average true range ATR plays an...
This is a short idea I have, and most likely it will come to fruition. We have a good liquidity pool taken out with a great reversal displacement. We also have a great draw on liquidity for the buyside. See here for my analysis on the Daily timeframe. Refer to my notes within the screenshots for context. Happy trading! - R2F