Dear Traders, EURGBP now in Falling Wedge , and i except price continue downward to 0.84000-0.84600 Area, I Specified 2 boxes , 1- BOX 1 : Normal Risk (Blue Box) 2- BOX 2 : very Low risk -Safe , (Red box) TP 1 : 0.86500 TP 2 : 0.87500 TP 3 : 0.88800 SL : 0.83500 Dont forget like &Comment please ! Regards, Alireza!
EURGBP - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURGBP Entry Level - 0.8552 Sl - 0.8534 Tp - 0.8580 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
A complete qml set up on sight. market shifting to take orders on the upside
Looking 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 you
A bearish flag is a chart pattern indicating the continuation of a downtrend. Here's a brief summary: 1. **Preceding Downtrend:** A significant initial decline in price forms the "flagpole." 2. **Consolidation Channel:** The price then consolidates within a parallel channel, forming the "flag," typically with decreasing volume. 3. **Breakdown:** The pattern is...
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8563 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8585 Safe Stop Loss - 0.8550 About Used Indicators: The...
EUR/GBP rose unusually on Friday as risks of a broader conflict between Israel and Iran eased. In addition, it is seen that inflation will decrease sharply to the target level in the coming months, sending a dovish signal to the market. The bank needs to remain restrained in its policy stance. However, he echoed Ramsden's comments by saying that the committee is...
My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8543 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8564 Recommended Stop Loss - 0.8528 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
The market broke out the horizontal line so it will give us a sniper entry to the downside
Considering that the support range has been broken, it is expected that the downward trend will start in the long term. If the price crosses the support range, the downward trend will continue
This market has been bearish for quite a while based on the daily TF. We could see a buying opportunity based on the 4HR TF showing a possible reversal chart pattern. Feel free to share your views.
As you can see , market is in the very strong bearish trend and i believe that sellers will come come market again !
On EUR/GBP , it's nice to see a strong sell-off from the price of 0.85370. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
Price action day trading. H4 TF, price is still bearish going into the range. EUR is expecting to cut rate soon, price is expecting to go lower due to that. Price broken a strong past horizontal level heading lower from last week. Price is now retracing back healthy. Set a short trade at the level to target range low.
Price Action Day Trading. Price has broken down the support level setting a lower low. This has brought the price back into the Range Zone. H4 TF price is bearish. It has created a good opporunities to short the pair. Set short trade at the broken support level. SL above the swing high of H1 TF. Targeting Range Swing low
Currently, the EUR/GBP pair presents a favorable buying opportunity, with the buy zone identified at 0.85969. This suggests an advantageous entry point for traders looking to capitalize on potential gains in the market. As for profit-taking levels, targets are set at 0.86300, 0.87319, and 0.86492, offering multiple opportunities for traders to secure profits at...
We looking for selling opportunities as we broke outside the bullish trend resulting in sells
1.Market structure Gets Rejection from Resistance On Daily time Frame 2.There is Bearish Engulfing candle on daily 3.There is formation of double top Pattern on H4 4.there is Divergence In RSI on H4 5.there is divergence in Momentum