EURGBP Buy IdeaStructure CHoCH on H2 Occurred. Market Induced Early Buyer to Build Internal Structure Liquidity. Lets Expect Price to Come to Tap Our POI Zone.
Wait for MSS (Market Structure Shift) on M5/M15
Then Enter!
Erugbplong
EURGBP, BUY on H4- Above Mirror Level
- short downward channel
- wait for confirmation after the breakout
EURGBP. Euro will rise.Hello dear subscription!
The price of the Euro will rise in relation to many currencies,
including the British pound.
The price will rise to the resistance level to the level of 0.95000.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
EURGBP: Huge Buy Trade to 0.92Buying from strong Support levels are one of the simplest trades that a trader can execute.
EURGBP is at such a situation right now.
It has bounced from a multi-year support level but price didn't go too far away from the support level.
So, traders have the opportunity to go long again.
My plan is to keep buying the dips between 0.8300-0.8500 with SL below 0.82.
I will set my TPs at 0.86, 0.8790, 0.9004 and 0.9315.
This is a long-term swing trade
EURGBP has bounced off major support, potential rally!EURGBP has bounced off major support at 0.8689 (Fibonacci extension, multiple horizontal swing low support) and it has also broke out of a recent descending resistance line signalling that we could be seeing more bullish momentum. Price could rise up to our next major resistance at 0.8847 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).
Stochastic (89,5,3) is bouncing nicely off our major support at 3.8% and has good upside potential for our rise.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
