Eurgbpforecast
EURGBP "Chunnel" Bullish Robbery Plan on Long SideMy 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 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.
Stop Loss : Recent Swing Low 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.
7 Dimension Sell Analysis for EurGBPCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1/M5
1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It also swept external swing liquidity, making this entry more interesting with the Whale scoop entry setup.
Resistance: Supply area acts strong with a false breakout. Post-break buildup failed strongly, indicating that the price will go further down to form another low.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Rounding bearish patterns and consolidation rectangle bear side breakout. Shakeout reversal also at the same point.
🟢 CANDLE PATTERNS:
Multiple long wick candles at the POI area, then breakout the range with a momentum strict engulfing pattern.
3: Volume
🟢 Shows very good volume at the resistance level, but this volume is unable to break the resistance, so we consider it an execution volume at the point.
4: Momentum RSI
🟢 Since the start of July, momentum has been in the bearish zone with multiple bearish range shifts and divergence, everything loudly indicating this is still in the bearish phase.
5: Volatility Bollinger Bands
🟢 Expansion has started just with momentum. Bearish headfake also indicates bearish volatility in this pair for now.
6: Strength: Showing weakness.
7: Sentiment: Everything is in bearish favor.
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Bearish
☑️ Trend line breakout: Yes
💡 Decision: Sell
🚀 Entry: 0.8441
✋ Stop Loss: 0.8451
🎯 Take Profit: 0.8400
😊 Risk to Reward Ratio: 5RR
🕛 Expected Duration: 3 Days
SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.
7 Dimension Sell Idea For EURGBPCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1/M5
1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It also swept external swing liquidity, making this entry more interesting with the Whale scoop entry setup.
Resistance: Supply area acts strong with a false breakout. Post-break buildup failed strongly, indicating that the price will go further down to form another low.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Rounding bearish patterns and consolidation rectangle bear side breakout. Shakeout reversal also at the same point.
🟢 CANDLE PATTERNS:
Multiple long wick candles at the POI area, then breakout the range with a momentum strict engulfing pattern.
3: Volume
🟢 Shows very good volume at the resistance level, but this volume is unable to break the resistance, so we consider it an execution volume at the point.
4: Momentum RSI
🟢 Since the start of July, momentum has been in the bearish zone with multiple bearish range shifts and divergence, everything loudly indicating this is still in the bearish phase.
5: Volatility Bollinger Bands
🟢 Expansion has started just with momentum. Bearish headfake also indicates bearish volatility in this pair for now.
6: Strength: Showing weakness.
7: Sentiment: Everything is in bearish favor.
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Bearish
☑️ Trend line breakout: Yes
💡 Decision: Sell
🚀 Entry: 0.8424
✋ Stop Loss: 0.8436
🎯 Take Profit: 0.8363
😊 Risk to Reward Ratio: 5RR
🕛 Expected Duration: 3 Days
SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.
EURGBP Bank Money Heist Plan In Bearish SideMy 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 in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal 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.
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.
BUY EUR/GBP at market .8460 (again!!!)Ever since this pair opened with a gap (see chart) on the 24th June, I've been BUYING this pair in anticipation of the gap closing.
Markets hate gaps and will try to close them.
Usually when a pair open with a gap when the markets open, the gap is closed and then price will continue in the same direction as the gap.
Examples of this can be seen on EUR/USD and EUR/CAD, both of whom opened with a gap.
With both these pairs, the gapwas closed and price then dropped.
I expected EUR/GBP to follow this pattern but it has yet to close the gap after 3 weeks of trading.
As can be seen by the channel drawn, EUR/GBP remain in an uptrend.
WR1 (weekly Resistance 1) at .8471 remains an obstacle to EUR/GBP BULLS.
This level has been reached 3x this week and each time the price has reversed.
I've closed my LONGS whenever the price hit WR1 and opened a position SHORT once it was confirmed that WR1 was holding.
I'm back in LONG on this pair with STOP under the lows and under the 200 EMA on H1.
Target is the closing the gap at .8490.
It seems unlikey we will get anywhere near .8490 today and news at 13:30 is unlikely to move this pair much (US Core PCE Price Index).
EUR/GBP Technical Analysis## EUR/GBP Technical Analysis
Timeframe: 15-Minute Chart
### Chart Overview:
The EUR/GBP pair on the 15-minute timeframe exhibits detailed recent price action, incorporating several technical elements that suggest potential future movements.
### Key Elements:
1. Downtrend Channel:
- The chart initially indicates a downtrend channel, with the price respecting the upper trendline as resistance and the lower trendline as support.
- This channel suggests a bearish trend with lower highs and lower lows up to a certain point.
2. Breaking Out of the Channel:
- Recently, the price appears to have broken out of the downtrend channel to the upside, indicating a potential reversal or at least a short-term bullish correction.
- The breakout is accompanied by a consolidation phase just above the previous upper trendline.
3. Support and Resistance Levels:
- Resistance Levels: Immediate resistance levels are noted at 0.84603, 0.85181, and above these, at the previous high around 0.8535.
- Support Levels: Key support levels include 0.84571, 0.84578, 0.84206, and further below at 0.84042 and 0.8400. These levels have provided significant support in the past and could act as potential bounce points if the price declines.
### Conclusion:
The EUR/GBP pair is currently in a critical phase, having recently broken out of a downtrend channel. The price action around key support and resistance levels will be crucial in determining the next move. Volume analysis supports the recent bullish breakout, suggesting potential for further upside if key resistance levels are breached. Always manage your risk with appropriate stop losses and position sizing.
EUR/GBP BUY at market (.8450)2 weeks ago the EUR/GBP opened with a market gap.
Those of you who read my previous posts on this subject will know that I believe gaps in the market are ALWAYS filled.
True, this can be weeks or even months but most commonly gaps are filled within 48 hours.
Last week downward pressure prevented the EUR gaining on the GBP and the gap remained.
I was moderately confident that the gap would be filled this week and I've had muliple LONG positions on EUR/GBP but every trade hit headwinds and were closed (at a profit).
This morning we saw the EUR decline with the weak German and French manufacturing and Services PMI but this was followed by weak GBP Flash Manufacturing and Servicing PMI and a look at the H1 chart will reveal that this has left this pair in a definitive northerly direction.
I've markeed the approximate path of the 200 EMA on the chart as, as can be seen, this was falling, then turned level and is now poised to head north.
At 14:45 (45 minutes) we have trhe USD Flash manufacturing and Services PMI.
I don't expect the release to have much impact on this pair.
I'm happy to be LONG on this pair in anticipation of the gap being closed sometime next week.
EURGBP
EUR/GBP is showing a bullish trend on the daily timeframe, as it follows a descending channel and has completed the Elliott Wave 12345 pattern. Currently, the price is in the ABC correction phase. A buying opportunity arises after a breakout above the descending trendline, targeting the key resistance level and the descending channel's resistance trendline.
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.
EURGBP Bearish ContinuationAfter breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned within the imbalance. Once price reaches my POI I'd switch to the 15 minute time frame and look for a liquidity sweep and brake of structure during kill zone hours ( London Session ) & enter from the 15 minute order block. When all confirmations are put together and used during the correct time it's more comfortable and the probability is higher. Let me know what you guys think! Good luck to everyone trading!
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.
EURGBP: Targeting a 500+ Pips Move! Swing Buy EurgbpDear Traders,
EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take months for this pair to hit our target which is 500 pips away from the entry.
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Thank you,
Team SetupsFX_
EURGBP BULLISH PLAN TO MAKE MONEYMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of EURGBP BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.