EURGBP HIGH PROBABILITY 3RR BULLISH SETUPbeautiful potential setup on eurgbp.
i combined some SMC and Price action for this one follow me i post setups daily !
Eurgbpforecast
EURGBPEURGBP exhibits a positive technical outlook with a double bottom formation, signaling potential bullish momentum. Look for a bullish entry point after a breakout from the falling wedge pattern, confirming a favorable trend reversal for strategic trading opportunities.
EURGBP Scalp longI am taking this long scalp trade. I see a bullish divergence on H1 and H4 tf. Actually is trying to break out from H1 trendline, if it can retest it and hold, we could see the target reached in some hours. I reccomend to put stoploss at break even if we get at least 15 pips of profit
EURGBP 60 Second Analysis and Trade IdeaThe EURGBP has shown a downward trend, with its current movement suggesting a retracement. There might be a chance for a potential short trade if it retraces into this 4-hour order block. Remember, this isn't financial advice; it's purely educational content.
7 Dimension analysis for EURGBP 🕛 TOPDOWN - Navigating a Sideways Consolidation
Overview: This pair has been trading in a sideways range between 0.9501 and 0.8260 since 2017, establishing a considerable consolidation area. The monthly chart reflects a vast consolidation region, making it one of the most consolidated pairs in forex, lacking a clear direction. On the weekly chart, after forming a valid low, the pair initiates an upward move, seemingly with a short post-breakout buildup.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Corrective, nearing a valid Point of Interest (POI).
🟢 Inducement: Completed, forming a valid high, with prices approaching a potential buy area. Anticipating the 1st pullback, which might be deep at extreme levels. Internal structure appears bearish with an unmitigated overbought (OB) scenario.
🟢 Support/Resistance Areas: Support, Demand, Accumulation areas are vital, marked with trendlines. Identifying potential buy entries in these zones.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal
Double bottom formation indicative of a potential reversal.
🟢 CANDLE PATTERNS
Key Observations:
The last candle, a significant bear candle, indicates profit booking by climax players.
Momentum candles reflect strict bearish momentum, but bear in mind that substantial bear candles near support might not have significant implications.
Climax players' activity in the area warrants careful observation.
3️⃣ Volume: High volumes at both the beginning and end, signaling bullish volume. There's a high chance of price reversal or support emergence from these levels.
4️⃣ Momentum RSI:
🟢 Momentum State: In a sideways zone.
🟢 Divergence: Two consecutive bearish divergences indicate active bears, although a bullish divergence is currently forming.
5️⃣ Volatility Bollinger Bands:
🟢 Bands are below the middle band, suggesting a bearish trend. However, a punch from the upside signals strong bearish pressure.
6️⃣ Strength - ROC Values: EUR is stronger than the bears.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bullish
☑️ Current Move: Corrective
✔ Support Base: Previous support area
☑️ Candles Behavior: Climax player activity, record session count with an extreme bearish candle unable to break support.
☑️ Trend Line Breakout: Not yet observed.
☑️ Final Comments: Buy at the support.
💡 Decision: Buy once the price reaches the support area.
🚀 Entry: 0.8670
✋ Stop Loss: 0.8647
🎯 Take Profit: 0.8831
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:7
🕛 Expected Duration: 30 days
SUMMARY: The analysis focuses on a bullish scenario, given the corrective move and potential support areas. However, cautious optimism is advised, considering bearish momentum and climactic activity. The strategy revolves around waiting for the price to reach a key support level for a buy entry, aligning with the broader bullish outlook.
EURGBP I Potential move upward to 0.86Welcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EUR GBP SHORTEUR GBP
Keep the SL close, and don't get greedy.
Once TP1 hits move SL down to entry.
Happy trading guys
EURGBP R:R 1:11This is for short term
Marked Possible Buy zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
EURGBP Idea H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Long Term Buying Trading IdeaHello Traders
In This Chart Forex ForecastEURGBP DAY By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
EURGBP Analysis H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBPPair : EURGBP ( Euro / British Pound )
Description :
Completed " 1234 " Impulsive Wave at the Lower Trend Line of the Corrective Pattern " Rising Wedge " in Short Time Frame. It will Reject from the Fibonacci Level - 61.80% or Previous Resistance Level forming Triple Top
Entry Precautions :
Wait for the Proper Rejection Price Action
EURGBP Pennant Pattern Breakout We expect further upside on this pair, signalled by the breakout of the pennant pattern. We can also see the formation of a new high and a breakout of two key levels which further supports our directional basis.
EURGBP I Pullback and continuation Welcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURGBP A nice 1:5 Short Setup hello traders
eurgbp has formed a head and shoulders pattern on a strong resistance level .
the same resistance level also happens to be the 61.8 golden fibbonacci zone if you do a fib retracement on weekly tf the daily candle also rejected that level with a inversed hammer .
wait for the price to come and retest the neckline and we might see our nice setup play out.
The EURGBP is ready to drop hardAs you can see price hit the Resistance + OG consolidation, SO here is big chance price is going drop from this resistance
EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Short Term Buy IdeaH4 - Bullish trend pattern followed by a double wave correction.
Price respected a strong support zone and bounced higher.
Most recent downtrend line breakout.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hokd my short term view remains bullish here.
EURGBP WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating EUR/GBP Decline on Upcoming Euro Weakness
🔍 My analysis points to potential Euro weakness ahead, which could lead to a fall in EUR/GBP. Stay tuned for this evolving market scenario. 📉 #EURGBP #Forex #TradingViewAnalysis 📊📉
EURGBP Long Term Buying Trading IdeaHello Traders
In This Chart Forex ForecastEURGBP DAY By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
EURGBP a break out could change everything very intense scenario going on eurgbp at the moment
analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline .
but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr .
the neckline of the double to in daily is also accompanied with 100 and 200 moving averages if the price manages to break all of them without a doubt we will see a bearish move
EUR-GBP Bearish Breakout!EURGBP broke the support
Cluster of the rising and
Horizontal levels at 0.86717
And the breakout is confirmed
So I think that we will see
A further move down !
EURGBP 04/10 MovePair : EURGBP ( Euro / British Pound )
Description :
Completed Corrective Waves " ABC " in a Corrective Pattern " Rising Wedge " and Impulsive Waves " 1234 " in a Corrective Pattern " Bullish Channel " in Short Time Frame if it Breaks the Lower Trend Line of Bullish Channel / Rising Wedge and Retrace then Sell
