Technical reason behind EURGBP Drastic BullishEURGBP has reached homemaximum number of retracement mode. ABCDE
Long term expectation is the price continue raise while constructing new motive wave 🌊
Eurgbpbullish
EURGBP Prediction H1Here is my view for EURGBP on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP LONG#EURGBP LONG (nr1)
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The pair is currently in a bullish trend and i expect to see bullish continuation and price to settle above 0.84700 resistance.
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I am going long on EURGBP
My open position
ENTRY: @ 083832
TP: @ 0.84740
SL: @ 0.83600
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Please use small lots if you gonna trade on this idea.
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Please like, comment and share if you like my idea.
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This is a repost as my first one was removed because i break the rules by posting links
EURGBP: ASCENDING TRIANGLE PATTERN.Welcome members, old and new ones to this EURGBP hourly update.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
EURGBP is under the ascending triangle and technically these patterns are a bullish formation that anticipates an upside breakout. So, here's the deal, once EURGBP breaks out of this ascending triangle that is above £0.843, we can enter long. That will be a clear-cut confirmation. Exit the trade if it breaks down below £0.837.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
EURGBP SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out old highs liquidity 0.84200, i think we go lower from there as we are in a bearish market strucutre on a HTF and price has to fill a lot of bearish imbalances.
What do you think ? Where we go from there?
EURGBP Weekly trade setup EURGBP Weekly trade setup lets see wait for confirmation supply retest or demand retest i will update when confirmation any coming
EURGBP are we setting up for a reversal?Hi Traders,
EURGBP is setting up for a bullish reversal as price is moving within a LTF descending channel at the bottom of the HTF boundary. Wait for a Reversal Impulse and continuation before placing a buy order.
Follow your trading plan and entry criteria.
Share your analysis below and let me know your view on this pair.
Click the like button if you agree with this idea!
EurGbp may have found the bottomSince the beginning of 2022, EurGbp has tried to drop under 0.83 on 5 occasions and each time reversed.
A bottom can be in place for this pair and a rally to 0.85 resistance can follow.
In my opinion, dips should be bought with that target in mind and only a clear break under 0.83 would change my bullish opinion
EURGBP You Will Rise!!EUR-GBP has retested the support block
From the descending and horizontal support levels at 0.83150
We are already seeing a bullish reaction
And I think that the pair will now rise to resistance areas
0.84700
LONG EURGBP - Double BottomMassive support has been reached and respected since December 2019 and looks like a double bottom will be formed. Stoch is showing oversold on the 4hr chart. I will expect price to move towards 0.84141 to previous resistant pivot level.
Eurgbp daily time frame time reversal Eurgbp daily time frame time-reversal we expect bullish now for some days we need to wait for break in H4 LH then we enter long
EurGbp- Bullish Engulfing to mark reversalIn my previous EurGbp analysis I said that 0.83 should be strong support for the pair and, after a very short dip under this level, EurGbp has reversed strongly, leaving a large Bullish Engulfing on our daily chart.
This very well can be the start of a medium-term uptrend for the pair and 0.87 can be bulls target.
Dips under 0.84 should be bought and only EurGbp under yesterday's low would negate this scenario
EURGBP BUY ANALYSISPrice has broken out of the trendline
Price has created a Low and High
Price has retest the order block creating a HL
eurgbp ready to pullback are you ready ?eurgbp ready to pullback are you ready ? market breakout strcutre on h4 now we confirm in m15 market break the structure we expecting now bullish move
EURGBP Long 4h
-Structure : Bullish
-Level : Above support
-Fibonacci level : 0.5 - 0.6
1h
-demand zone
- waiting for retest and signal to LONG
EURGBPHello traders. With the break of the level of 0.836 and the tightness of the price at the bottom of the channel, expect long-term growth for this pair. Be profitable.
EURGBP Analysis H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP BUY ANALYSISPotential Short/Sell on EURGBP
Inverse Head & Shoulder has been formed
Together with Falling Wedge Pattern
EURGBP BUY ANALYSISPotential Bullish movement to the upside
Price has broken out of the falling wedge pattern
We will look to take long positions once it breaks the resistance level @0.83550
Our TP1 would be @0.84480
Our TP2 would be @0.85450
EURGBP Idea H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Idea H4This is my view for EURGBP on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EurGbp approaching strong supportDecember has been a very good month for Gbp, with the currency gaining in almost all pairs and in EurGbp's case gaining around 250 pips.
At this moment the pair is approaching very strong support and we can have at least a correction from that point
I'm looking to buy this pair and with a target of around 0.8450
A break of support would negate this scenario
