Hello, traders This pair has the potential to go lower to re-test its support Confidence level? 75% Good luck :)
Given the decline of the euro and the structure of the waves at the end of the current downtrend, several scenarios are likely to continue the trend. If the euro can stabilize above the resistance range, we will see a continuation of the upward trend
As you see in the chart, price is bouncing in a consolidation zone, after dropping sharply. Obviously, we should wait for the sideway zone to be broken first: 1. Since the main trend is a downtrend, if the support level broken out to the downside, we can expect a further drop around 0.83 which is the next major low and also a support level. 2. On the other...
I see that the pair was conslidating for a while. and also price cant close above most recent swing high to the left I can also see wick rejection from the breakout telling me buyers are weak. im selling this to the next zone !!
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to do discuss about EURGBP. EURGBP is making Channel Pattern here. And now this is at the bottom of main Channel. It has maximum Chances that it can touch Price level 0.85 Keep in touch we will update further soon
This is my first idea The pair is in trend. We wait for the correction to EMA 50-100, trendline or resistance level.
My Idea On EURGBP . EURGBP potential continuation trend. This is just my opinion/analysis on EURGBP based on current fundamental and technical . Trading foreign exchange carries a high level of risk. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management. However trading is complex instruments and...
this is my analisys.. how about you? please comment, like, and subscribe.. thx u
yesterday setup patience is most important skill in trading for target
SHORT RISK TO REWARD - 1:3 ENTRY - 0.84132 SL - 0.84293 TP - 0.83640 ❤️Please, support this idea with a like and comment!❤️
Hello my friends, today I want talk with you about EURGBP. Price is testing nearest resistance (0.84250). EUR can break it and start new uptrend. If this will happen, we will have good chance to buy after that. I'm waiting that price can start growing step by step to the next good levels. This is article not financial advice, always do your own research. If you...
In this update we review the price action in EURGNP and identify a high probability trading location to take advantage of
we can get buy position on eurgbp after breaking neck line sl : 45 pip tp: 90 pip
The price action of the EURGBP is currently probing a major support-turned-resistance level at 0.84250. A reversal from this threshold would likely indicate the continuation of the broader downtrend, which was initiated following a breakdown below the Pennant. The strength of the downtrend is underpinned by the ADX indicator, which is threading above its 25-point...
Long opportunity EUR/GBP IF THE OBLIQUE SUPPORT REMAINS SOLID.
EURGBP is forming a corrective pattern after a bearish push, and we are looking for the downside to continue into the 0.83430.
OANDA:EURGBP Bearish Trend Lower highs Descending triangle at 1D support if break below, then continuation of downward trend otherwise invalid setup Thanks