EURGBP Looks to be coming to the end of the down trend, possible long setup for the coming week..... keep an eye on this one
Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
Here is my analysis for this pair, i think que price break the resistance in downtrend, reaching a key level in DAILY timeframe where it seems in a re-test so it can gain momentum to a bullish trend in my prespective. So we should on a looking for confirmation for a bullish, or continue the bearish line to support level in WEEK timeframe.
EURGBP Potential Bullish Movement we are waiting for a momentum candle close above 0.8745 to buy this one Reason: 1- Divergence on MACD (in red) 2- Objective Wedge (in orange) 3- Support Zone from Daily Three confluences are enough to consider Buying EURGBP, after a break below 0.8745 (in gray)
Hi everyone, just before the weekend is starting I want to give you this technical analysis so you understand what the most important things are you'd want to be looking out for. This is especially interesting for when the markets open again on Monday. We see two very interesting areas. First of all let's zoom in on the support zone around 0.869. We haven't...
Euro index chart. Monthly. Price is driven by global supply and demand. And what we are observing, is a clear oversupply of euro (all selling) and weakening demand (less international interest in euro) on universal scale. Buyers failed to break the supply line and April opened below the demand line with a gap. Top Absolute Correlation 1 EURUSD - USDX ...
That is how we see it, pretty simple. One can use ATR stop for stops (pretty accurate tool), which is based on average true range (the input can be changed). The broken demand line is more important than descending one (trendline value is measure by the number of consequent highs or lows above the extremums). I saw some of you draw a descending triangle but by TD...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURGBP Price has Weekly S1 and broken above trend line. Im going very long with this one.
updating idea on EURGBP. The price is falling and cannot break the resistance line. But soon EURGBP will reach the support line and I expect growth from this strong support line to the resistance level of 0.8736
Market has been full of itself this entire rally. The Elliott Tsunami Wave is coming. Consolidation period, momentum slowdown, horrible fundamentals, there is no way around the inevitable - the markets will decline further. Before you know it, we'll be squabbling about calling the bottom. Cheers, Fish
EUR/GBP is still bearish, so we can't be looking for any Long for now. If we saw a false breakout of highlighted horizontal Mirror Level, we'd be looking for a nice buy in case price action speaks a bullish language.
I know it is hard to understand this if you do not study the "The New Science. Technical Analysis" (1994) of T. DeMark and "Methods of Wall Street Master "(1991) of V. Sperandeo on trends and trendlines . But price is projected to drop to 2000 lows with retest of the last minor demand line which we are about to break (with its consequent retest that is likely to...
Hello traders! This is a WYCKOFF accumulation pattern below 200 EMA. After spring wave it will start to take off. I am also expecting a triangle pattern over 200 EMA. I will add more buys on the breakout. Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
DeMark - Sperendao analysis of EURO index. Here we weighed EUR versus 2 biggest world currencies US dollar and Japanese yen . Clear signs of bullish collapse. We identified the right TD supply and demand points and analyzed the monthly structure. Breakdown of the major TD supply line occurred in July - August 2019 and it was confirmed by retest already in...
Plan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do,...