Eurgbpbuy
EURGBP BUY PLANEURGBP H4 CHART.
If you find my analysis useful, you can support it by liking and commenting.
EurGbp- will it finally reverse?Since mid-September top at 0.93, EurGbp's evolution has been very frustrating, with one day up, one day down, 2-3 days down, then reverse strongly, etc
The pair managed to drop almost 500 pips in this manner, but trading it was more of a gamble...
Now I think Eur finally reached an important bottom, support that acted as resistance/support all 2020.
The pair broke above the descending trend-line now and, if we look at the weekly chart, we can clearly see a bullish engulfing candle formation.
I'm bullish on this pair and I will look for opportunities to buy for a 0.9150 target
EUR/GBP Technical Analysis
The counter has been in a steady decline for the last 3 months.
Now, it has hit a strong support level which could trigger some profit booking.
Further, the stochastic indicator has given a buy signal by crossing over from the oversold zone.
Hence, we expect the pair to be bullish in the short-term.
EURGBP Long / Expecting a weaker GBP to start the weekHey all! I hope your weekend was superb, now lets get back to making money!
We are going to execute a EURGBP long in the early Monday market open and the reasons are,
- GBP looks weak vs USD and other pairs (IMO)
- RSI is low and meets our entry cretaria (with the fibs)
- Price is at the 38.2 / 30 support zone and already rejected it ones
- The bearish trend is loosing steam!
EURGBP - SWING - 05. NOVE. 2020Welcome to our weekly trade setup ( EURGBP )!
-
1 HOUR
Very bullish price action and pressure.
4 HOUR
Expecting further upside movement from this pair!
DAILY
Overall market turned bullish, following this trend.
-
FOREX SWING
BUY EURGBP
ENTRY LEVEL @ 0.90310
SL @ 0.89900
TP @ 0.90920
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURGBP 60 PIP BUY Looking at a 60 pip rise on EURGBP . Price is currently situated at the 0.368 fib level, alongside this we also have an intersection of two trends. The trend line showing bullish momentum i believe will have the upper hand due to the strength of the overall trend. Furthermore in perspective it is also forming a long term pennant , however due to the strong bullish momentum beforehand i believe this will continue bullish once broken. At this intersection point we have already seen a slight rejection and the RSI (10) showed an oversold condition at this point. Unfortunately 200 EMA is not showing much however with the points stated i can see EURGBP returning to a short term bullish trend to the upside of the pennant to test it once more. Taking this into consideration i will look for further entries. With price situated at the 0.368 fib level and being at a signifcant point in two sections of trends i can see price rising once more. TP is currently set at 60 PIPS where as the SL is set at 35 PIPS
EURGBP LONG Hello everyone, eurpound is preparing for a nice long opportunity as well, lets see how things will play out make sure you manage your trades correct, CRITICAL WEEK ahead of us! BE SAFE!
EURGBP UPEURGBP
The price is right now walking on a channel and its going up and right now I believe that it will respect the purple line and continue its way up and touch the blue line and hopefully the bigger purple zone near 0.94.
.
.
.
.
El precio en este momento esta caminando en un canal hacia la alta y considero que en este momento el precio va a respetar la zona morada y subirá hasta tocar la linea azul y a lo mejor subir hasta tocar la zona morada mas grande cerca de la zona 0.94.
EurGbp- I remain bullishEurGbp is trading in a range with the pair being very well bided in 0.9 zone.
Yesterday the pair created a higher low on the short term time frame and a clear break above 0.91 should accelerate gains towards at least 0.9250 zone.
I will remain bullish on this pair as long as 0.9 holds
EurGbp- buyers are in a good positionAs I said yesterday, EurGbp found strong support above 0.9 and the correction from 0.93 recent high could be over.
The pair broke yesterday above down trend line resistance and now is trading stable above 0.91 psychological support.
In my opinion, dips towards 0.91 should be bought for a new restest of 0.93
Interim resistance is just above 0.92
EURGBP long opportunity EURGBP has broken the channel to the upside and the market is looking quite bullish. It will be best to buy this pair in retracement. When the market goes and retests the 0.382 or 0.5 fibo watch on 4H for a long opportunity.
EURGBP W3 OCT 2020EURGBP
Long Setup
- Price is in a corrective downwards channel
- Best to wait for price to breakout to the upside
- Potential target is shown on chart
EurGbp- back to 0.93?After the strong rally at the beginning of September, EurGbp corrected and consolidated for more than a month now.
The pair seems to have found strong support just above the important 0.9 zone and now looks ready for a new leg up.
Dips should be bought for this pair and bulls can expect 0.93 as a target.
A daily close under 0.9 would negate this outlook.
EURGBP will rise !!!Hello traders and investors , I think the EUR/GBP is going to rise because we have a break of the first resistance and another break of the second resistance .
so if you have any suggestions leave it in the comments area , as well don't forget "like"
EURGBP long Almost break resistance level with good support bouce opportunity, waiting for confirmation
