Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURGBP TREND-FOLLOWING. 📚 👉As we can see price is still and clearly overall bullish from a medium-term perspective, trading inside this rising broadening wedge pattern. 👉Meanwhile, price is sitting around our lower rising...
It couldn't be clearer! If you identify yourself with the operation it becomes part of you (don't forget it)... A trader always waits for the market to come to him, not for him to chase the market. We must take advantage of the opportunities it gives us (sales). Keep it Simple! If you liked it, don't forget to follow me! :)
EURGBP - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURGBP Entry - 0.8584 Stop - 0.8600 Take - 0.8558 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related like the AUDNZD. Any major movement...
EURGBP has been trading in a strong Bearish Trend, printing new LLs and LHs. Following Bullish Divergence on the 1 Hour TimeFrame, a strong Double Bottom Pattern has emerged, hinting potential reversal to a Bullish Trend. If a breakout of the neckline at the 0.85574 level is seen, price can potentially move close to the 0.86170 level. Trade Plan: Long Entry:...
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.
Good Demand Area Price break previous structure Waiting for confirmation before taking long
SELL STOP at the given price with SL and TP. We will update the trade later.Just watch an eye over it. The impulse wave is downward.You can go to multiple timeframe(D,W,M) to observe it.We expect one more drop before going up.The Sell stop trade can also get cancelled if we go our new high.We will update the sell trade later. Fundamental Reason: Crowd are buying...
Eurgbp daily htf bullish analysis . bullish trend confirm by price.
EURGBP - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. A lower correction is expected. Preferred trade is to buy on dips. Bespoke support is located at 0.8565. We look to Buy at 0.8565 (stop at 0.8545) Our profit targets will be 0.8615 and 0.8625 Resistance: 0.8595 / 0.8610 / 0.8625 Support: 0.8565 /...
with bullish divergence and the pair is ready to start a bull run, sideway market can be seen for some time but eventually, it will start a bullish run
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
The EURGBP is currently experiencing a downtrend and exhibiting a Bearish rectangle pattern. In such circumstances, we may consider initiating a short position (Sell Stop) as the price breaks out from the bottom of the rectangle. Additionally, given the recent behaviour where buyers attempted to drive the price up over the past four candles, there's also a chance...
After a down trend the bulls have shown sign of strenght and make divergence on RSI accompanied by falling wedge pattern shows that bulls are ready to charge.
Hello fellow traders It looks like a good time to buy EURGBP because the trend is going up. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down. If you like my analysis don't forget to like and follow :)
On EUR/GBP, it's nice to see a strong sell-off from the price of 0.8625. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H1 & H4 time-frame - Price is currently at a 78.6% Retracement level from Previous Low-High - Price action should bounce between both Supply-Demand Zones - Price is entering a Demand Zone (Yellow Zone) - Aiming for the next Supply Zone (Blue Zone) at a 61.8% Fibo retracement & resistance...