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Eur-gbp

Do you agree with a big profit in EURGBP? Let's go 😉Hi dears The situation is very good for the euro to be bullish in a few weeks. In the coming days, wait for the break of the trend line and safely open a long trade. The 0.83750 area is a very important area for the euro, so we expect a reaction to this price. On the other hand, in the daily and weekly time frames, we have macddivergence, which give us confirmation of entry for a good purchase. Make us happy with your likes and comments. Thank you
Long
by hamidreza_FX
29
EURGBP buy presents 📈After Mondays short trade our script says it's time for a long. We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart trade has just alerted at time of writing. Working the H1 time frame here and we're only looking for TP3. Previous trades can been seen on chart with the last one being covered in the idea below. Lets see if we can go four out for on this pair. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Long
by pow_removetheguesswork
1
0.8300 Target On the cards for EURGBP! Have a look at the above image (EURGBP M TF CHART): It was crucial that the monthly candle close convincingly below monthly 0.8500 psychological support. Support break and confirmation would likely lead this pair towards the swing low (0.8300) Now looking at the main chart (WEEKLY TF EURGBP), we can clearly see that the price is in a descending channel and likely headed towards 0.83000 level in the near future. However for every trade. a trader needs to evaluate the ideal entry point, SL and TP so that the risk reward ratio aligns in our favor. In this case as per the confluence factors on the chart below are the ideal entry instructions: TP: 0.83000 (swing low) SL: 0.87000 (swing high/channel high/W & M 50 EMA) IDEAL ENTRY TO HAVE 1:1 RR: 0.850000 So as we can see, for this trade to have ideal RR, we need the price to retrace towards 0.8500 level before we can make a short entry. We could see this happen this week as major banks have policy announcement which could make the EURO gain as its too oversold!. This could be a great opportunity to await deeper retracement and have a better RR for this trade. THIS JUST REPRESENT ONE OF MY ANALYSIS AND ITS NOT A TRADE SIGNAL. SIGNALS ARE USUALLY POSTED ONCE THE CRITERIA MEET IN A NEW POST WITH COMPLETE INSTRUCTIONS
Short
by FX618Analysis
EURGBP facing bullish pressure, potential for more upside! Price is reacting above the descending trendline resistance (now support). Price could potentially bullish from 1st support at 0.84528 in line with 38,2% Fibonacci retracement and 23.6% Fibonacci extension to 1st resistance at 0.84958 in line with 61.8 Fibonacci retracement and 61.8% Fibonacci extension. Our bullish bias further supported by how price is holding above the EMA. Otherwise price may bearish towards 2nd support at 0.84215 in line with Horizontal swing low and 50% Fibonacci extension. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
EURGBP Bottom of Structure, Watch for bullish reversal Hello everyone: Also on my watchlist is EURGBP for potential bullish reversal opportunities. We can see after a strong bearish impulse phase, price falls into a larger, deeper correction. With few evenly swing highs and lows, a parallel channel correction is formed. These larger correction tends to be more neutral, and doesn't necessary have to continue that previous bearish price. Instead, what we get here on the lower time frame is a possible reversal correction at the bottom of the larger correction. If price can manage to reverse impulse up on the LTF, follow by bullish continuation correction, then expecting price to reverse to the top of the HTF channel correction. thank you
Long
by jojofang0901
40
EURGBP can broke the support 🦐EURGBP on the 4h chart is moving over a daily chart . The price after a first bounce has moved back to the support and according to Plancton's strategy if the market will break below 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.
by InkyGrip
4