Bearish momentum to extend?EUR/GBP is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is a pullback support.
Pivot: 0.8476
1st Support: 0.8437
1st Resistance: 0.8507
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Eurgbp!
EURGBP Short Opportunity Descending Channel:
The price is moving within a descending channel, indicating a bearish trend. The current price action suggests a continuation of this trend.
Moving Averages:
The 200-period Simple Moving Average (SMA) is above the current price, providing resistance and confirming the bearish outlook.
The 50-period SMA is also above the price, acting as additional resistance.
Trade Justification:
The descending channel indicates a bearish trend, and the presence of resistance from moving averages further supports the case for a short position.
The proximity of the current price to key resistance levels increases the likelihood of a rejection and a move lower.
EURGBP Trading Opportunity! BUY!
My dear friends,
My technical analysis for EURGBP is below:
The market is trading on 0.8464 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8509
Recommended Stop Loss - 0.8434
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
B/C Correction for E/G Before Descent To .8400?!Here I have EUR/GBP on the 4Hr Chart!
Ever since EUR/GBP made its transition into a Downtrend from the High @ .86248 to Lower High @ .85928, Price has been strong on the decline eventually giving Break to the .8510 - .8500 Area.
This Correction Wave, based on the Fib Trend Ext Tool, has eyes on the Range Target of .84409 - 8405!
Before the Final Extension can happen, I suspect Price will need to make a Retracement to the Fib Entry Zone @ .84976 - .85133!
*Golden Zone @ .85032 - .85087
After which I will be looking to take Sell Opportunities to finish the Wave!
Indicators:
-Price Trading Below DSR
-Price Trading Below 200 EMA
-DSR + EMA leading to "Death Cross"
-RSI Below 50
-BBTrend Printing Red Bars
Potential bullish rise?EUR/GBP is currently reacting off the support level which is a pullback support that lines up with the 78.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8458
Why we like it:
There is a pullback support level which aligns with the 78.6% Fibonacci retracement.
Stop loss: 0.8406
Why we like it:
There is a pullback support level.
Take profit: 0.8508
Why we like it:
There is a pullback support level which aligns with the 38.2% Fibonacci retracement.
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EURGBP "Chunnel" Bullish Robbery Plan on Long SideMy Dear Robbers / Traders,
This is our master plan to Heist EURGBP bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EUR/GBP BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/GBP is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 0.850.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP H4 I Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8497, which is a pullback support close to 61.8% Fibo retracement and 127.2% Fibo extension
Our take profit will be at 0.8530, a pullback resistance
The stop loss will be placed at 0.8459, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURGBP "Chunnel" Bank Bearish Robbery Plan To Steal MoneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EURGBP "Chunnel" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
EURGBP Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for EURGBP below:
The instrument tests an important psychological level 0.8516.
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.8528
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
1:5 RR Buy Setup for EURGBPCore Analysis Method: Smart Money Concepts
The following analysis has been conducted based on the Smart Money Concepts methodology:
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
The structure is bullish with multiple Breaks of Structure (BOS) completed during the impulsive move, including Inducement.
The current corrective swing move is showing signs of weakness in its internal structure, indicating a potential bearish momentum.
A sharp move towards the Point of Interest (POI) is expected, where an extreme Order Block (OB) has been identified in the deepest discounted area for the swing.
Support: A significant support area has been identified at this zone, with proper Change in Polarization (CIP) observed on the H4 timeframe.
Pattern:
🟢 Chart Patterns:
No specific chart patterns have formed yet, but updates will be provided once the price reaches the POI area.
🟢 Candle Patterns:
The previous swing’s initial candles suggest this is a high-demand zone, with the base of the demand indicated by the candle structure.
Volume:
🟢 There is no significant volume during the corrective move, but a massive volume was observed when the initial move started. This suggests that strong buyers are waiting for the price to reach the identified area, where a buying opportunity might be present.
Momentum RSI:
🟢 The market is currently in a super bearish zone, but the price is nearing the oversold area, which is an extremely oversold condition. Monitoring for a divergence as an additional confirmation for a buy will be crucial. The identified area is ideal for a potential reversal.
Volatility Bollinger Bands:
🟢 The complete volatility cycle is observed, including Contraction/Expansion, Squeeze breakout, Walking on the Band, and W pattern. All these parameters have been mitigated. As the price nears the POI level, it may consolidate before giving another sharp and volatile bullish move. Patience is required to capture this classic move.
Strength ADX:
🟢The ADX shows that bears are currently overextended, suggesting it might be time for the market to calm down and for buyers to regain control.
🟢Rating: ⭐⭐⭐⭐⭐⭐⭐ (7 Stars)
This trade is given a 7-star rating, with a probability of 75% due to the alignment of several bullish factors and potential reversal signals.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
☑️ POI: Extreme OB
💡 Decision: Buy Limit
🚀 Entry: 0.8511
✋ Stop loss: 0.8475
🎯 Take profit: 0.9695
😊 Risk to reward Ratio: 5 RR
🕛 Expected Duration: 10 Days
SUMMARY:
This setup suggests a strong bullish opportunity on the H1 timeframe, with an entry at 0.8511 and a stop loss at 0.8475. The take profit target is set at 0.9695, offering a 5:1 risk-to-reward ratio. The analysis indicates that the current market conditions are aligning for a potential bullish move, with oversold momentum and key support areas in play. Patience is key as the price approaches the POI, where a classic SMC entry model might provide a high-probability setup for a significant bullish reversal.
EUR/GBP SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
EUR/GBP is making a bearish pullback on the 5H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.854 level.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP Sellers In Panic! BUY!
My dear friends,
My technical analysis for EURGBP is below:
The market is trading on 0.8525 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8569
Recommended Stop Loss - 0.8497
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
EURGBP to find buyers at market price?EURGBP - Intraday
Preferred trade is to buy on dips.
We look to buy dips.
Daily signals are bullish.
20 1day EMA is at 0.8517.
We look for a temporary move lower.
We look to Buy at 0.8515 (stop at 0.8491)
Our profit targets will be 0.8575 and 0.8590
Resistance: 0.8535 / 0.8550 / 0.8575
Support: 0.8528 / 0.8515 / 0.8500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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EURGBP Will Grow! Buy!
Here is our detailed technical review for EURGBP.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.852.
Considering the today's price action, probabilities will be high to see a movement to 0.855.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURGBP H4 I Bearish breakoutBased on the H4 chart analysis, we can see that the price is pulling back to sell entry at 0.8536, which is a pullback resistance
Our take profit will be at 0.8497, a pullback support level.
The stop loss will be at 0.8562, a pullback resistance level close to 61.8% Fibo retracement and 161.8% Fibo extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Could EUR/GBP see .8500 and Below?! Here I have EUR/GBP on the 1Hr Chart!
We can see that following the 3rd Divergent High @ .86248, price makes a steep Decline breaking the Previous Higher Low @ .85757 and creating a LOWER LOW @ .85496 turning this once Uptrend into a Downtrend!
After the New Low is created, we see price makes a textbook Retracement back to the 61.8% Fibonacci Level @ .85783 which happens to test the previous Higher Low to then proceed back down to close for the week just above the New Low!
I believe we could be witnessing the Confirmation of an Elliot Correction Wave coming where based on the ABC method:
-Prices' LH correction marking our B Point indicates that based off our Fib Ext Tool, we could see price Decline to the Range Target of ( .8457 - .84282 )
-Price Breaking the A Point will be Confirmation of potential Selling Opportunities
*.8500 will be the next area we will see Price wrestle with once it breaks the Lower Low @ .85496
Indicators: -Bearish Reading-
- Price is working BELOW my DEMA
- Flattening of the 200 EMA
- RSI BELOW 50 after creation of LL
-BBTrend printing Red Bars