Amidst the current consolidation of DXY, my focus shifts towards the exotic pair EURGBP. Exotic pairs tend to exhibit heightened volatility during periods of DXY consolidation. I anticipate EURGBP to fill the Liquidity Void on the H4 Timeframe by mitigating the H4 Order Block. My trading strategy involves waiting for confirmation during the London session...
EURGBP could continue to rise and breakout of our buy entry to climb higher. Buy entry is at 0.85550 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 0.85400 which is a level that sits underneath the overlap support Take profit is at 0.85707 which is a multi-swing high resistance level. High Risk...
EURGBP is rising towards a pullback resistance, from there price could reverse and fall to take profit level. Sell entry is at 0.85704 which is a pullback resistance. Stop loss is at 0.85764 which is a swing-high resistance level. Take profit is at 0.85457 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
EURGBP could continue to rise and breakout of the overlap resistance. Buy entry is at 0.85247 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.85005 which is a swing-low support. Take profit is at 0.85482 is the overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
EURAUD rising wedge gave me a signal showing bearish price action inside the wedge so i entered sells. if you did not catch this trade with me just watch how it plays out and as a trade look and pay attention to market behavior and ask yourself "why" is price selling off at this level. *pay attetion to market behavior and (evidence) market give before a move...
As EURGBP is following its downtrend, price retraced from the stronm 1H level and slided into 15m channel. The structure (marked with yellow box) has been broken and restested as usual. Next bearish candles gives confidence on shorting the pair back to the 15m channel bottom as first target and 1h strong support as final target.
EURJPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85595 which is an overlap resistance that aligns with 23.6% Fibonacci retracement. Stop loss is at 0.85879 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Take profit is at 0.85174 which is a...
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85450 which is a pullback resistance. Stop loss is at 0.85800 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85049 which is a swing-low support. High Risk...
EUR/GBP is trading close to a pullback support and could potentially break above a descending trendline to make a bullish rise to the upside. Buy entry is at 0.85700 which is a potential bullish breakout level (wait for price to break through the descending trendline for confirmation). Stop loss is at 0.85350 which is a level that sits under a pullback...
EUR/GBP is falling towards a pullback support and could potentially break under this level to drop lower. Sell entry is at 0.85893 which is a potential breakout level. Stop loss is at 0.86350 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85628 which is a pullback support. High Risk...
The EURGBP has shown a downward trend, with its current movement suggesting a retracement. There might be a chance for a potential short trade if it retraces into this 4-hour order block. Remember, this isn't financial advice; it's purely educational content.
The price could break out of the buy entry and rise to take profit level. Buy entry is at 0.86236 which is a potential breakout level. Stop loss is at 0.85537 which is a level that sits below the multi-swing-low support. Take profit is at 0.86997 which is overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
The price could reverse to the buy entry and bounce off to rise to the take profit level. Buy entry is at 0.86177 which is an overlap support level. Stop loss is at 0.85806 which is a level that sits below an overlap support. Take profit is at 0.87002 which is an overlap resistance level, that aligns closely with the 78.6% Fibonacci retracement level. High...
The price could continue rising and break the buy entry level and continue to rise to the take profit level. Buy entry is at 0.86742 which is a pullback support level. Stop loss is at 0.86512 which is a level that sits below a pullback support. Take profit is at 0.86992 which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
The price could pullback and breakout of the sell entry and reverse to the take profit level. Sell entry is at 0.86829 which is an overlap support level. Stop loss is at 0.87009 which is a level that sits under an overlap resistance level. Take profit is at 0.86371 which is pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin...
The price is breaking out of the pullback resistance and could potentially rise to the take profit level. Buy entry is at 0.86825 which is a pullback resistance. Stop loss is at 0.86479 which is a level that sits under a multi-swing low support. Take profit is at 0.87433 which is the overlap resistance level. High Risk Investment Warning Trading Forex/CFDs...
Price is rising toward our buy entry at 0.86362 which is an overlap resistance. Our take profit will be at 0.86980, an overlap support level. The stop loss will be placed at 0.85792, above a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work...
Price could react off our buy entry which is a multi swing-low support level at 0.85631. Our take profit is at 0.86107, an overlap resistance level. Stop loss is at 0.85306, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...