Progress of this EURGBP TradeI identified a double bottom a couple of days ago on the EURGBP trading chart somewhere at the middle of a bullish order block. This is supposed to indicate an upward price move but price went down and almost took me out. There's been a reversal and price seems to be going back in the original direction of my trade. I'll keep you posted on the progress of this trade.
Eurgbpbullish
EUR/GBP "The Chunnel" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/GBP "The 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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 30M timeframe
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Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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#EURGBP 4HThe EURGBP (4-Hour) chart is showing a support pattern. The price has reached a significant support level where buyers have historically stepped in, preventing further declines.
Key Observations:
- The pair has been moving downwards but is now resting at a strong horizontal support level, formed by previous lows.
- There is a potential for a price rebound from this support, as it has previously acted as a floor, pushing prices higher.
- Signs of consolidation near this support suggest that selling pressure may be weakening.
Forecast:
A buy opportunity is expected as the price holds at this support level, with the anticipation of a bounce or reversal to the upside. Traders should look for bullish confirmation such as a strong reversal candlestick (bullish engulfing pattern) or a momentum indicator turning positive before entering the trade.
Key Levels:
- Support: The horizontal support zone where price is currently resting.
- Resistance: Look for resistance at the recent swing highs as potential targets for the upward move.
Risk Management: Place stop losses below the support zone to protect against potential breakdowns. Initial profit targets can be set at nearby resistance levels or previous highs, depending on the strength of the rebound.
EUR/GBP "European Cross" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/GBP "European Cross" 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 / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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 2H timeframe
Attention for Scalpers : 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
Stay tuned with me and see you again with another Heist Plan..... 🫂
EUR/GBP Technical Analysis – Monthly, Daily, and 4-Hour Monthly Time Frame:
On the monthly chart, the price has reached a key demand zone that has historically shown strong buyer interest. This is a crucial area where we are now witnessing a significant reaction, indicating that buyers are stepping in. The bullish pressure from this zone suggests the potential for upward momentum in the coming weeks or months.
Daily Time Frame:
On the daily chart, we see strong buying pressure that has led to an overextension in the current price action. This overextension is a signal that the market may soon undergo a correction. However, before assuming a reversal, it is important to focus on confirming signals that will validate a potential correction. These signals could include bearish candlestick formations or a breakdown in key support levels.
4-Hour Time Frame:
In the 4-hour chart, a clear trend reversal pattern has emerged, indicating a shift in market sentiment. We can observe lower lows being formed, with the most recent low liquidating the previous one, followed by a strong bullish movement. This sweep of liquidity followed by a rally signals that the market has completed its bearish phase and is ready to push higher.
Take Profit and Stop Loss Ideas:
Take Profit: A reasonable take profit level can be placed just below the next significant resistance area on the 4-hour chart or around key highs visible on the daily chart.
Stop Loss:
Conservative Stop Loss: Below the key demand zone on the 4-hour chart, allowing room for price fluctuations while still protecting the position.
Aggressive Stop Loss: Tighter, just below the most recent low, providing a higher risk-reward ratio but with less room for market noise.
#EURGBP 1 DAYThe EUR/GBP pair on the 1-day chart has now entered a demand zone, indicating that the price has reached a key level where strong buying interest is typically expected. This presents a potential buy opportunity as the demand zone could act as a support level, leading to a price rebound. Traders might look for confirmation signals such as bullish candlestick patterns, increased buying volume, or other technical indicators that suggest the start of an upward move. This zone often represents a favorable risk-to-reward ratio, making it an attractive entry point for long positions. However, as always, it's important to apply proper risk management to account for the possibility of further downside movement.
#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.
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 "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.
EURGBP Bank Money heist Plan in Bullish DirectionMy 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 2 target 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,
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 💰💵 Join your hands with US. Loot Everything in this market everyday.
Eur Gbp long EUR/GBP Long Signal: Bullish Outlook
Analysis:
The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook:
Technical Indicators:
Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support zone provides a solid foundation for potential upward movement.
Eurozone Economic Recovery: The Eurozone is showing signs of economic recovery, supported by robust manufacturing and services sector data. This positive economic backdrop strengthens the Euro against the British Pound.
The European Central Bank (ECB) is maintaining a relatively more supportive monetary policy stance compared to the Bank of England (BoE), which is grappling with inflationary pressures. This divergence in policy outlooks is likely to favor the Euro over the Pound.
The EUR/GBP pair presents a compelling long opportunity, supported by strong technical indicators and favorable fundamental factors. Traders should stay vigilant and adjust their positions as needed, keeping an eye on key economic data releases and geopolitical developments that could impact market dynamics.
EUR/GBP: Bullish Butterfly Pattern with ConfluenceEUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move.
Harmonic Pattern Setup:
A bullish butterfly pattern is forming on the EUR/GBP chart.
Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the bullish case for a reversal at this level.
Bullish RSI Divergence:
Bullish RSI divergence is observed on both the 1-hour and 4-hour timeframes. This indicates that while price may be making lower lows, the RSI indicator is not confirming the downtrend, suggesting a potential weakening of bearish momentum.
Trade Recommendation:
Entry: Long EUR/GBP at 0.85450
Stop Loss: 0.85240 (placed below the key support area and Point D of the butterfly pattern)
Take Profit Levels:
TP-1: 0.85820 (targets the 1.618 Fibonacci extension of the XA leg)
TP-2: 0.86030 (targets the 2.618 Fibonacci extension of the XA leg)
TP-3: 0.86240 (open target, to be adjusted based on price action)
Risk Management:
Always practice proper risk management. This trade recommendation carries inherent risk. Ensure your stop-loss is set as instructed and only risk a small percentage of your capital on this trade.
Notes:
The harmonic pattern and RSI divergence are strong indications, but not guarantees of a bullish reversal. Confirmation from price action, such as a break above the key support area, is recommended before entering the trade.
Market conditions can change rapidly. This analysis is based on information available at the time of writing and may not be valid in the future.
Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. Please consult with a qualified financial advisor before making any investment decisions.