EURGBP Long Opportunity ComingWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** EURGBP is currently re-testing the weekly low from Feb 2020 which we could see a temporary bullish move from this support zone. I believe it will retest the structure support level below (8285) if the support at 8337 is broken. First tp target would be modest at 8380 zone. Do you agree? Where do you think EURGBP is headed?
Let us know in the comments! :)
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Brian & Kenya Horton, BK Forex Academy
Eur-gbp
EURGBP - BuyIts look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
EURGBP on a h&s pattern 🦐EURGBP on the 4h chart is creating a head and shoulders pattern.
The price is currently trading near to a weekly support over the neckline.
According to Plancton's strategy IF the market will break below and satisfy the ACADEMY rules we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP testing a support 🦐EURGBP on the 4h chart is trading over a minor support.
The price has tested it already a few times and according to Plancton's strategy IF the market will break below and satisfy the ACADEMY rules we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
🔔EURGBP Will it be ready for downtrend ? It seems that with the trend line broken, we should see the Euro down in the coming hours. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
EURGBP Long Idea EURGBP has been in an uptrend since late November, just about reaching the 0.86 level. Since the retest of 0.86 the price has fallen by 1%, however, it appears to have just formed support around the 0.85 area. The RSI indicator suggests that the price may rise from here as the levels are extremely oversold, (2). The target of this trade is at the recent near high of 0.86. The stop loss area for this trade is located just below the resistance level of 0.848, at 0.8474.
EUR/GBP Scalp and Intraday Long OpportunityWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
EUR/GBP will short soon :)Hi Guys ,
First of all , I hope to see your feedback and if you agree with me or not !?
EUR\GBP breakout the upper trend , also reached the major resistance 0.85298 and shown some reaction there , so what i am will do is put my eyes on the major resistance if price will go down i will Sell and first target will be 0.84795 (Fib 38.2%)
note : There is uncomplete pattern (triple tops ) Indictor to reversal trend >>