Eurgbplong
EURGBP ANALYSIS
Plan A : Long
As overall trend seems to be
bullish so we have to wait
until it properly breaks above 0.83651.
S.L : 0.83048
T.P 1 : 0.83938
T.P 2 : 0.84395
T.P 1 : 0.84911
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Plan B : Short
Bullish Trend line is broken at 4H.
Also seasonality goes is favor
of bears 11/15 times. If double top
is created at 0.83651 then
go for short trade.
S.L : 0.83745
T.P 1 : 0.83165
T.P 2 : 0.82695
P.S : All the details are attached below.
EURGBP | RESPECTING SUPPORTEURGBP after making a top of 0.82120 has drop sharply and reached to the support zone. We are expecting price will increase as this support area has been reactive in the past
The only hurdle for the bulls is falling trendline which if taken out the new trend will begun.
Trade your levels accordingly.
EURGBP LONGS📉📉📉📉 Expecting bullish price action on EG as price takes out weekly lows liquidity and closing bullish above. We had a strong bearish movement without correction and i expect the price to retrace in the upcoming days, a lot of bearish imbalances were formed around 0.84200 / 0.84700 price area.
What do you think ? Comment below..
EURGBP Analysis and Trade IdeaPrice HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS.
Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
EURGBP LongHello traders, this is my opinion on what will happen next on EURGBP .
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EURGBP has dropped to support level @ 0.84100 where is consolidating now and will see a rise.
My goal is price to go up and settle on the resistance level @ 0.85100
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Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position.
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My TradingView Community if you like my idea, please like and follow for support.
Also if you have any opinion please write in the comments, always open to new ideas.
Thanks for passing by and have a good day traders!
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EURGBP SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on EG as price takes out all the buy side liquidity above the old highs after ECB bullish news about a possible rate hike this year. Price takes out weekly stops and quickly reverses with a high bearish momentum that could potentially start the selloff, we have also a lot of bullish imbalances that should be filled and those areas can act as a MAGNET for the price to go down.
What do you think about this currency pair ? Comment below..
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 SHORTS 📉📉📉📉 Expecting bearish price action on this pair as we are in a bearish market structure on a HTF premise, price takes out the last point of liquidity above the old high and institutional figure 0.84500. I think we have CLEAN AREA for the selloff, my targets are going to the IMBALANCE area somewhere around 0.83500 / 0.82500.
What do you think ? Comment below..
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.