Eurgbpbullish
EURGBP - Order Block TapWe tapped into a previous order block but the rejection has been small, I would like to see a strong rejection here/below before we get involved in buys to target the buy-side liquidity above the resistant area marked.
EURGBP - Long Idea1 POSITION:
Buy EURGBP at 0.86560
SL: 0.85060
TP: 0.88560
2 POSITION:
Buy EURGBP at 0.86060
SL: 0.85060
TP: 0.88560
LONG EURGBPLong EURGBP @ 0.86
TP: 0.88
SL: 0.85
EURGBP has bounced nicely off the 0% fibbo level (0.85390) which suggests that the low is in place for now. Im looking for a correction or retracement that will take us up to the 50% fibbo resistance or 0.88 level. GBP has been very strong of late however I think it has run out of steam up here and we are starting to see better sellers of the Sterling. USD is still relatively week thus I stay out of EURUSD and trade EURGBP instead. If the US dollar does decide to turn and find buyers, it will drive down GBP and as a result help out our EURGBP position.
This trade offers a 2:1 risk reward ratio.
Goodluck!
Again, eurgbp is not bearishCharts still dont tell me eurgbp is bearish, expecting this move incomming months
Past weeks we had bearish movement purely liquidity trap to remove buyers early sl
Good luck
EurGbp- To correct from strong support?After failing to stay above 0.9150 resistance, EurGbp traded downwards for 2 months now.
At this point the pair is facing strong technical support and I expect at least a corrective rally at this point.
My target is 0.8850 resistance and a daily close under support would negate this scenario
EURGBP - CURRENTLY IN DISCOUNT PRICINGTechnical Overview: - EUR/GBP
We have had the chance to enter on a buy position last week and followed by closing the position before the initial drop we were anticipating.
HTF - We are oversold from a higher time frame perspective and should be looking for long potential opportunities, since we are in the start of the week and US markets are closed on Monday, we do expect price to potentially going lower before we look for any buy opportunities.
We will be approaching this with more caution and look should for confirmation before entering any to the upside.
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EURGBP - CURRENTLY IN DISCOUNT PRICETechnical Overview: - EUR/GBP
We had seen the bearish run down raiding the support level at 0.88500
many buyers and sellers were interested in this very special level.
Due to the fact that the market likes to move where there is liquidity, it is no surprise that we raid this very key lows.
Many of us are taught to buy where price is mostly rejecting, and that's exactly what the big banks want you to believe.
We were anticipating this raid to the downside clearing all buyers and sellers before we can look for buy opportunities.
It is very crucial to point out that we are in discount pricing meaning price is oversold, thus giving us a chance to look for buy potential.
We do anticipate price to come down lower from a smaller time frame, however higher time frame we are using this as a chance to buy these deals!
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Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
EURGBP is going for 0.95hello everyone,
Eurgbp is still bullish at monthly timeframe, we are on sideways market now just getting in more sellers for price to go up
Good luck everyone
EURGBP - sell zone Price broke down key daily level 0.88 + D1 close under that key level
That's a signal for continue of Down move.
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EURGBP bullish Monthly timeframe Hello everyone, eurgbp is targeting 1.0 incomming months, Monthly timeframe looks very bullish to me
EURGBP ANALYSISEUR/GBP remains within this downwards trend channel, its bearish bias remains in place.
Bullish Bat PatternEURGBP BULLISH BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (0.88371)
Min Take-Profit: (0.88678)
Max Take-Profit: (0.88871)
Stop-Loss: (0.88118)
Max Risk-Reward: (1.98)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURGBP ANALYSISEURGBP could extend the rebound to 0.89650 and 0.89900 . blue mark is the entry point.
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Idea is not the financial advice!
EURGBP / LONGPrice has broken structure, we are awaiting a retest of the trendline before going long
EURGBP Long SetupEURGBP has reacted nicely from a major support zone. We look for price action to enter here and aim for the key resistance level at the top.
