📉 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,...
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.
Daily: - Natural M - FO of the D 100 level - Bullish indication candle - New action (fresh liquidity) *Break even or limit remove when we hit the IC in 4th leg Weekly: + MS (and Inv H&S pattern) - LCC (last power are bullish orders on friday) + ZONE + FIB 3/4 LONG with Weekly pattern and now ABC pullback possible with fresh liquidity 4H: - Inv H&S...
DAILY - Inverse head and shoulders - Bullish M (natural m) - Buying zone WEEKLY - Buying zone - Inverse HS 4 HOUR - Last zone of interest
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In Daily time frame, the price got supported by a short term channel bottom line. Slow Stoch and RSI both are in a over sold level, crossed and turned to North. The price would turn to North and moving in a big sideway channel. Stop long trade if the price break out the short term channel bottom line area.
EURGBP Short Here, for a quick daytrade. Looks promising, keeping tight stop loss.
EURGBP formed a classic double bottom by bouncing off the March 29th low and is now set to take out the imbalances in the green boxes. Happy trading.
If the price crosses the 78.6% level, it will be possible to continue the downward trend until the next support range. Then the movement process will continue according to the specified routes
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.
EURGBP: Watch To Buy Around 0.8500 EURGBP is going up and down for a long time. To be more concise, it has been moving for about 3 months in a narrow trading range of 70 points. You may find more details in the video! Thank you and Good Luck!
EURGBP / 1D Greetings, traders! Welcome back to another market analysis. EURGBP pair has been trading in a Bearish trend within a larger trading range, the price is showing evidence of a pull-back mode so far. Therefore, I'll be looking to get on a pull-back trade here to close the GAP. Trade safely, Trader Leo
Let's thoroughly analyze this currency pair on the final day of the week to potentially open positions once the market resumes activity. 📊💰 In higher time frames, many currency pairs are currently consolidating without a definitive trend, but lower time frames reveal promising trends.🎯🕰️ On the daily timeframe, whenever we approached the downtrend line,...
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
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....
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8568 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.8596 which is a level that sits above a pullback resistance. Take profit is at 0.8531 which is a pullback support. High...
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.
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...