Eurgbpanalysis
EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP preparing for jump 125 pips ✅✅✅What we see on EURGBP is quite clear and nice, price getting weaker and weaker as you see, preparing to make new high which already we have seen higher lows,
Sor far we waiting for price to show more Bullish signals and ofc we wait for the price to break our base to up then we prepare for strong and nice setup for LONG
Finally set our 1:6 order and go with new trend ...
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our scenario
Any question comment bellow
@FxShzd
GOOD-LUCK EVERYONE
EURGBP ANALYSISEURGBP is once again testing this support, this 4hr candle will be important and will decide the direction of this pair. If we can get a close below this support we can see a strong bear move to the next support, we might test this support turned resistance before making the move down.
If however EURGBP keeps above this support we might see another move to 0.861 for a continuation of it’s range.
Always wait for market to decide where it wants to go, be reactive of candle closing.
EURGBP Analysis: Going to make a LL?HTF shows there is strong bullish OB reaction so far. But price made a LH. Maybe it breaks the prev high after rejection from the current D Bullish OB.
Note: The previous BOS to the downside hit the bullish OB, and we expected a RTI. That's where the LH was made. So the likelihood of a LL to follow makes sense.
The dynamics of price flow and market sentiment at play!
We'll see.
EurGbp- New leg up?After the recent low at 0.8450 zone, EurGbp has had a first leg up, reaching my 0.86 target.
A correction followed and this seems to be over and the pair found a strong floor at 0.85
A second leg up could be underway and the pair can reach 0.8650 resistance
Buy dips is my strategy