Get started

Eur-gbp

EURGBP - Trend-Following Buy Setup! ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURGBP is still overall bullish trading inside the rising broadening wedge in brown. Moreover, the zone 0.87 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower brown trendline. As per my trading style: As EURGBP is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
EURGBP Near a buy break-out signalThe EURGBP pair is testing the top (Lower Highs trend-line) of a short-term Channel Down inside a 1 year Channel Up pattern. The previous two such patterns gave a buy signal when a 1D candle close above them. If that happens, we will buy and target Resistance 1 (0.89800). Our trading plan involves selling at the top of the Channel Up (Higher Highs trend-line) if a 1D candle closes below it and target 0.88000 (the 1D MA200) and buy if a 1D candle closes above it (target Resistance 2 at 0.92800). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURGBP Outlook 21 April 2023The EURGBP trades within an ascending triangle toward the 0.8824 resistance level. This upward move follows the rejection of the 50% Fibonacci retracement level from the longer-term upward move. Look for a breakout to the upside with the price needing to trade beyond the 0.8830 price level which coincides with the 50% Fibonacci retracement level from the recent downward move. A breakout to the upside could be driven by further weakness in the GBPUSD, which could see the EURGBP retest the key resistance level of 0.8860.
Long
by JinDao_Tai
EURGBP: Preparing a strong rebound.The EURGBP pair is currently on the 1D MA50, trading inside a long term Channel Up for more than 1 year. The 1D technicals are neutral (RSi = 51.179, MACD = 0.000, ADX = 27.770) meaning that this level is gradually turning into a buy opportunity inside the Channel Up. Every rally made at least a 5.00% rise, so we are targeting the top of the Channel (TP = 0.91250). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
4
EurGbp SmC Setupfollo the levels EUR/GBP bears are back in the race during early Monday as the quote drops to 0.8845 amid the initial hours of the European session, after being absent in the last four days. In doing so, the cross-currency pair retreats from a three-week high while snapping a four-day winning streak. That said, a downward-sloping resistance line from early February, around 0.8860 by the press time, triggers the latest pullback in the EUR/GBP prices. However, the pair’s downside appears limited as the 50-DMA level of 0.8823 puts a short-term floor under the price. Following that, a fortnight-long ascending support line near 0.8790 can check the EUR/GBP bears before directing them to the key trend line support stretched from December 19, 2022, around 0.8730 at the latest.
Short
by KaniSivan
EURGBP | Bullish Signal!Based on the current market analysis, it appears that EURGBP is showing a potential bullish signal. The Average True Range (ATR) is currently positive, indicating that the market is experiencing volatility, which can provide opportunities for traders to profit. In addition, the Moving Average (MA) and other Technical Analysis (TA) tools suggest that the pair has a potential upward momentum. These technical indicators can be used as supporting evidence to confirm the bullish sentiment for EURGBP. Overall, the positive ATR, along with the bullish signals from MA and TA, indicate that there may be an opportunity to profit from a long position in EURGBP. However, it is important to always be aware of the risks involved in trading and to use appropriate risk management strategies.
Long
by percifying
EURGBP Bullish signalEURGBP is trading inside a Triangle with its bottom being Support (1). This Support held on April 4th and the pair is rebounding. Today's pullback gives another buy opportunity. Trading Plan: 1. Buy for as long as the price is closing over Support (1). Targets: 1. 0.88225 (under the MA50 (1d) and within a +1.10% rise and Fibonacci 0.382). Each of the Triangle's previous Highs broke over a Fibonacci level. Tips: 1. The RSI (1d) is under a 2 month Falling Support. Keep an eye for the long term. A crossing over it, may signal a long term bullish breakout over the Triangle. Please like, follow and comment!!
Long
by TradingBrokersView
5