The buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out Potential Trade Opportunity: Currency Pair: EUR/GBP Position: long Risk to Reward Ratio: 3R Trade Parameters: Entry Point: 0.85931 Stop Loss:...
A harmonics pattern has formed in EURGBP in the presence of divergence which indicates a likely trend reversal.
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! ❤️
My dear friends, My technical analysis for EURGBPis below: The market is trading on 0.8566 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8574 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
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...
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.
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.
Eurgbp daily htf bullish analysis . bullish trend confirm by price.
Here I have EUR/GBP on the 4 Hr Chart! Ever since its visit at the Support Zone @ ( .8534 - .8528 ), Price has been steadily making Higher Highs and Higher Lows with the most significant High in the Price Action being Friday's High reaching the Resistance Zone @ ( .8586 - .8581 ) on the release of LOWER than expected NFP numbers for USD ( 175K Actual - 238K...
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 /...
It is expected that the price will fluctuate according to the specified path, and after the completion of the corrective pattern, an upward trend can be formed. If the price crosses the support range, the upward trend will be canceled
In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action.Thanks
The current situation in the EUR/GBP market indicates a notable demand zone, primarily centered around the 0.85800 level. This zone suggests a significant level of buying interest or support for the euro relative to the British pound. Additionally, there are notable demand levels at 0.85600, 0.85200, and 0.85000, further indicating areas where buyers are actively...
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
I will be checking in on this chart as the week progresses to see if I will be favoring EURUSD or GBPUSD. Last week Euro had bullish momentum. We are coming into a potential rejection zone for EURO. If that is the case and we pair that with a bullish narrative on DXY, we should see accelerated movement lower on EURUSD. I will make updates to this post as well as...
We looking for buying opportunities as we broke the bearish trend resulting in a change of trend to the upside
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.