EURGBP: Long Trade with Entry/SL/TP EURGBP - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURGBP Entry Level - 0.8498 Sl - 0.8475 Tp - 0.8543 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals114
EURGBPhello everyone, this is based on day tf, the price has reached strong support area, the price may get bullish and may breakout of 200ma.. currently the price did recover last Thursday after PMI news, while GBP dip with poor retail news.. some minor news for euro this week.. may recover more.. price dropped from 0.8532 to 0.8515 based on 15min tf ... price need to make new high above 0.8532 to show Euro in strength... 0.8532 is all time strong resistance area that need to break for price to remain bullish... Longby baigxy3
EUR/GBP (euro-pound): two potential targets have been identifiedObserving the ongoing build-up on the Daily-timeframe graph, it could be inferred that the price has been developing for potentially upcoming bullish moves. Having spiked below the local key level and grabbed liquidity, we might imply that a bullish wave is ready to commence. Thus, having set buy positions with the stop-out order below the recent liquidity wick, we are having eyes on two key zones for making closures - both partial and full - and generating profits. With the total risk-reward set at an approximation of 1:4, we are being patient and awaiting further action from the price. Nevertheless, there is no need to rush. As we know well, the market should and will do its thing regardless of our interpretation of it. Hence, the only thing that we could do is to follow our risk management plan, take a calculated guess, and have eyes on the long-term spectrum while remaining patient and composed at all times and costs.Longby InvestroyUpdated 4
EURGBP LONG TERM Buying TRADING IDEAHello Traders In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartLongby ForexMasters20004
EURGBPHello traders EURGBP stays strong zone of support that means buyers are now ready to resist sellers on pressure and overrule the market, so as retail traders we look chances of entries so its high probability to buy. if you need more of my setups don't miss it to follow me.Longby Abdukadir_Wardheere11
possibility of changing the trend The price is expected to follow the indicated path and advance to the indicated support levels after making a new bottom. Then there will be a possibility of changing the trend. If the price crosses the green resistance range, the upward trend up to the resistance range will be possibleLongby STPFOREX2
EURGBP Buy ideaThe long position in EURGBP is initiated at the current market price of 0.85100, reflecting the favorable risk-reward profile. The first target is set at 0.85325, aligning with the entry point and representing an initial profit-taking opportunity. Subsequently, the second target is established at 0.85663, encompassing the potential upside trajectory based on comprehensive technical and fundamental considerations.Longby GODOCM3
EURGBPEURGBP has been on a downward trend for some days, I expect the downward movement to continue, from currently position, I am expecting EURGBP to move downward and make a new lower low. Shortby EM_Trading_CompanyUpdated 3
EURGBP HIT STRONG SUPPORTEURGBP for now Already HIT STRONG SUPPORT and STILL HOLD, We see at 2023, lower and HOLD around this Support, so we try to BUY it.Longby EdyDragon3
Eur Gbp long EUR/GBP Long Signal: Bullish Outlook Analysis: The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook: Technical Indicators: Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support zone provides a solid foundation for potential upward movement. Eurozone Economic Recovery: The Eurozone is showing signs of economic recovery, supported by robust manufacturing and services sector data. This positive economic backdrop strengthens the Euro against the British Pound. The European Central Bank (ECB) is maintaining a relatively more supportive monetary policy stance compared to the Bank of England (BoE), which is grappling with inflationary pressures. This divergence in policy outlooks is likely to favor the Euro over the Pound. The EUR/GBP pair presents a compelling long opportunity, supported by strong technical indicators and favorable fundamental factors. Traders should stay vigilant and adjust their positions as needed, keeping an eye on key economic data releases and geopolitical developments that could impact market dynamics. Longby realtrademaster2
EUR GBP - LONGEUR GBP currently in a bearish trend, but divergence has been printed there's a possibility of reversal from this zone long entry is recommended after the breakout of 0.85211Longby MSafwanS2
EUR/GBP may rise 15 - 22 pipsOur pivot point stands at 0.8493. Our preference Rebound. Alternative scenario The downside breakout of 0.8493 would call for 0.8480 and 0.8473. Comment The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.8504) but below its 50 period moving average (0.8507). Supports and resistances 0.8541 ** 0.8534 * 0.8527 ** 0.8520 0.8505 last 0.8497 0.8493 ** 0.8480 * 0.8473 ** Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson3
EURGBP is ready to make bull movesthe trend is slowly moving towards bull run but it will be more clear if it breaks its last LH point Longby faisal-1012
EURGBP FORREXThe Chart was printing a bearish Trend but their was divergence so after the divergence the trend become bullish as it already made HH and HL. The Entry will be instant 0.85183 and the stop loss will be 0.85030 Longby Azeem2082
EURGBPEURGBP is currently shifting trend to bullish , expecting it to move furtherLongby onlysignals3
EURGBPLooking for a buy trade on EG. Reason to buy: 1. H1 chart is in oversell area. 2. possible to make inverted Head and Shoulder pattern in 1H chart. Use proper risk management. Thank youShortby joelkurienUpdated 4
Very Strong Downtrend 🔴EUR/GBP H2 We can see very strong downtrend here. Price reacted to 0.85000 H4 support zone, but retested 0.85300 zone. It is possible to see bearish continuation, but if price breaks 0.85300 zone, I will look to buy.by SanShone2
EURGBP potential upsidesHey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85100 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85100 support and resistance area. Trade safe, Joe.Longby JoeChampion2
EURGBP longEURGBP seems bullish; There is a bullish Divergence on RSI There is a reversal pattern formed, Inverted Head and Shoulder.Longby Saad_Amjid1
4-hour EUR/GBP Inverse Head and Shoulders PatternInverse Head and Shoulders Pattern Pattern Formation: Left Shoulder: The first dip followed by a rise. Head: A deeper dip than the left shoulder followed by another rise. Right Shoulder: A dip similar in depth to the left shoulder followed by a rise. Neckline: The horizontal resistance line connecting the highs of the left shoulder, head, and right shoulder. In this chart, the neckline is marked at approximately 0.85200. Implications: An inverse head and shoulders pattern typically indicates a reversal from a downtrend to an uptrend.If the price breaks above the neckline, it suggests a potential bullish breakout, signaling a buy opportunity. Key Observations: The EUR/GBP has been in a downtrend. The pattern is forming at the end of the downtrend, indicating a possible reversal. The price is currently near the neckline. A break and close above the neckline would confirm the pattern and could lead to further upside potential. Trading Strategy: Entry Point: Consider entering a long position if the price breaks and closes above the neckline (0.85200) with significant volume. Stop Loss: Place a stop loss below the right shoulder to manage risk. Target Price: Measure the distance from the head to the neckline and project it upwards from the breakout point to set a target price. Risk Management: Monitor the volume during the breakout. Higher volume increases the reliability of the breakout.Be cautious of false breakouts. Wait for a confirmed close above the neckline.by Day_Trading_Attack_Penguins2
EURGBP - Setup IRBEntry: - Sell at setup IRB - Entry late - There's still double bottom marked by red circle on the left side. => This entry is not so good. Exit: - Took 2R profit. - Had some luck.Shortby huypham252
EURGBP: Wait for Confirmation Before Bullish EntryThe EURGBP is testing a critical support level at 0.85 on the daily chart. While a bullish rally seems likely, cautious entry is advised to avoid potential retracements aimed at trapping retail traders. Key Points: 1. Price dipped close to the 0.85 support zone. 2. Upward move possible, but confirmation is crucial. 3. Wait for a daily candle close above 0.8530 before entering a long position. 4. This will provide a stronger signal of a bullish breakout. Remember: The market can be unpredictable. Always practice proper risk management and consider using stop-loss orders.Longby OMGiTzREALHASSAN2