EUR/GBP - So close.. So close and yet so far..
So close to the lows zone and yet so far from our entry..
We need to wait for a good pullback to continue selling!
Sometimes you have to be patient, and other times you have to pull the trigger.
If the outlook is good, the strategy always adapts.
If you liked it, don't forget to like and follow me! :)
Eurgbpanalysis
EURGBP Forex trade idea. Longs from demand levelEURGBP Forex trade idea. Longs from demand level. There is a strong weekly demand imbalance on EURGBP. Expecting a decent rally in the following days. Long bias using supply and demand imbalances, also good for short term intraday long Forex positions.
#EURGBP 1DThe EUR/GBP pair has shown a bullish outlook with potential buying opportunities at its current levels. The resistance level at 0.84100, indicating that price movement could face significant resistance around this point. A breakout above this resistance may signal further upward momentum. Traders might consider entering long positions if the price successfully surpasses this level, but should also watch for any signs of reversal or consolidation near this area. As always, it is advisable to monitor fundamental and technical indicators for additional confirmation.
EURGBP, Time for correction ?Hello Traders, Hope you are doing great.
for upcoming days, we'll probably see a downward correction from one of this red zone to Specified blue level. so with a proper trigger we can open a short position.
and finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
EUR/GBP "CHUNNEL" Bullish Robbery Plan on Long sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EUR/GBP "CHUNNEL" 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.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h 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 | Hidden Bearish DivergenceCurrently, EURGBP is in an uptrend, making new higher highs and higher lows as the price moves upward. However, a double top has formed, and the price has broken the recent low, indicating that the structure is beginning to shift into a downtrend. This suggests the market may soon start printing new lower highs (LH) and lower lows (LL).
Additionally, on the 4-hour time frame, there is a hidden bearish divergence, further indicating a potential trend reversal into a downtrend. The combination of the double top formation and the hidden bearish divergence strengthens the likelihood that the trend will change, leading to the formation of new lower highs and lower lows.
In summary:
1: Current Uptrend: EURGBP has been making higher highs and higher lows.
2: Double Top Formation: Suggests a potential reversal at a key resistance level.
3: Break of Recent Low: Indicates a shift towards a downtrend.
4: Hidden Bearish Divergence: On the 4-hour time frame, confirming the likelihood of a trend change.
5: Expectation: The trend may soon shift to a downtrend, with new lower highs and lower lows likely to form.
These confirmations suggest that while the EURGBP has been in an uptrend, But rejected from its daily supply zone the recent developments point to a possible reversal into a downtrend. It is important to monitor these indicators closely and consider them in your analysis before making trading decisions.
DeGRAM | EURGBP downturn in the channelEURGBP is moving in a descending channel between the trend lines.
The price has broken the trend line and now it acts as a dynamic resistance.
We expect the decline to continue.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
DeGRAM | EURGBP downturn in the channelEURGBP is moving in a descending channel between the trend lines.
The price has fallen under a strong resistance level coinciding with the 38.2% retracement level.
We expect the decline to continue after the resistance retest.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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
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.
7 Dimension Sell Analysis for EurGBPCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1/M5
1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It also swept external swing liquidity, making this entry more interesting with the Whale scoop entry setup.
Resistance: Supply area acts strong with a false breakout. Post-break buildup failed strongly, indicating that the price will go further down to form another low.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Rounding bearish patterns and consolidation rectangle bear side breakout. Shakeout reversal also at the same point.
🟢 CANDLE PATTERNS:
Multiple long wick candles at the POI area, then breakout the range with a momentum strict engulfing pattern.
3: Volume
🟢 Shows very good volume at the resistance level, but this volume is unable to break the resistance, so we consider it an execution volume at the point.
4: Momentum RSI
🟢 Since the start of July, momentum has been in the bearish zone with multiple bearish range shifts and divergence, everything loudly indicating this is still in the bearish phase.
5: Volatility Bollinger Bands
🟢 Expansion has started just with momentum. Bearish headfake also indicates bearish volatility in this pair for now.
6: Strength: Showing weakness.
7: Sentiment: Everything is in bearish favor.
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Bearish
☑️ Trend line breakout: Yes
💡 Decision: Sell
🚀 Entry: 0.8441
✋ Stop Loss: 0.8451
🎯 Take Profit: 0.8400
😊 Risk to Reward Ratio: 5RR
🕛 Expected Duration: 3 Days
SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.
DeGRAM | EURGBP rebound from dynamic supportEURGBP is moving in a descending channel between the trend lines.
The price has reached the lower trend line, which has already acted as a pivot point.
The chart is above the support level.
We expect the rebound to continue after the support is retested.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURGBP - Short active !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: On weekly timeframe we have hidden divergence and on H4 we can see that price formed regular divergence in waves, as well price rejected from LZ.
Like, comment and subscribe to be in touch with my content!
DeGRAM | EURGBP an ascending structure in the channelEURGBP is moving in an ascending channel between the trend lines.
The price has reached a level that has already become a reversal point twice.
We expect a rebound after a retest of the lower boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | EURGBP trend line breakoutEURGBP is moving in a descending channel above the trend lines.
The chart broke the trend line and resistance level and reached the 38.2% retracement level.
We expect the rebound to continue after consolidation above the resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!