following the trend trying to short and targetting recent low
Hello Traders In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
One thing is clear this price chart is a mess! On almost all TF we have multiple three wave patterns which makes it quite difficult to read. However, I do have three possible outcomes but all will eventually lead to more downside momentum in the future. 1) The last WXY (in red) is currently in the wave x and price will eventually go higher and bounce of the...
I think we will be on a short term bears on eurgbp before we can continue with our overall trend
Summary: Our analysis on the FX:EURGBP pair suggests a potential long entry based on technical patterns and key Fibonacci levels. The aim is to capitalize on a bullish reversal targeting the supply zone overhead. Technical Analysis: The 4-hour chart indicates a recent bearish push into a zone of demand, marked by an FVG around the price level of 0.84995....
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello,Traders! EUR-GBP made a rebound From the demand levels Below around 0.8531 Just as I predicted but Is now retesting the broken Support line of the inclined H&S pattern that broke to The downside and this broken Support line is now a rising Resistance so I will be Expecting the pair to make A local bearish pullback Sell! Like, comment and subscribe...
📉 Let's analyze the EURGBP currency pair together across lower time frames and explore possible strategies and scenarios. 💹 This currency pair tends to form boxes and mostly trades within ranges across various time frames. Whether in higher or lower time frames, it moves within both large and small boxes. 💼 For range traders, especially in the 4-hour time frame,...
My dear followers, I analysed this chart on EURGBP and concluded the following: The market is trading on 0.8549 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8561 Safe Stop Loss - 0.8541 About Used Indicators: A super-trend indicator is plotted on either above or...
The earlier predicted sell just took TP, looking for buying opportunities on this pair, not much confirmation done, high chances of the chart breaking down to older support levels, but should do so once the retest to the upside has been fully done.
Due to the breakdown of the downward trend line, it is likely that the downward trend will continue. It is expected that the movement process will continue according to the specified routes
Hello traders, we want to check the EURGBP chart. After breaking the uptrend line, the price has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 0.85400. Good luck.
The recent price action on the EURGBP pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️
Hi traders, the structure is developing HH AND HL but moving in a corrective phase which is a good establishment for the bullish trend. I would like to get a bullish reaction at the level 85400 or 85200, that is where the liquidity buildup is. Don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85450 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85450 support and resistance area. Trade safe, Joe.
Market Analysis: EUR/GBP Dips to Support EUR/GBP declined steadily below the 0.8572 and 0.8566 support levels. Important Takeaways for EUR/GBP Analysis Today EUR/GBP is trading in a bearish zone below the 0.8572 pivot level. There is a connecting bearish trend line forming with resistance near 0.8562 on the hourly chart at FXOpen. EUR/GBP Technical...
It is expected that the price will move according to the specified paths and as long as the price fluctuates above the support range, it will be possible to continue the upward trend up to the resistance range. If the price crosses the support range, the correction process will continue