EURGBP LONGS 📉📉📉📉 Expecting bullish price action on this pair as price should fill the bearish imbalances on the H1 around 0.84000 area, where i would look for short entries.
What do you think ? Comment below..
Eurgbplong
EURGBPPaths, candlesticks, trends, etc. show us the truth and the right path
This is my personal opinion. Please do not trade based on this data.
EURGBP LONGEURGBP has been on a downtrend for a while now. There are ECB efforts to try reverse the economic slow down since April 2021 by pushing more lending to Euro area firms. COT is bullish on EURGBP this week.
EURGBP / Key Areas / Next Potential MoveAfter looking at EURGBP it can go either 2 ways - up or down
It is at a major monthly resistance area so we could look to buy here or wait for it to break down and make new lows
EUR/GBPBuy: EUR/ GBP
SL @ 0.82820
TP @ 0.83640
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
EURGBP SHORT-TERM LONGS 📉📉📉📉 Expecting bullish price action on EG as price filled all the bullish imbalances and should go higher from there, we are rejecting a h4 bullish orderblock area meaning that price could go higher, our targest should be around 0.83700.
What do you think ? Comment below..
Continuation in EURGBP Pullback?Liquidity is all around you...
Strong movement to the upside in EG. GU selling off strong and EU within a tri-month long range. Look for the possibility of EG continuing up. Maybe we get a pullback here for the next half day or two. But, i'm looking for quite a hefty upside target until price shows reason to not be long here after the pullback for the next couple days. Which i'm sure could happen.
Peace.
EUR/GBP: Medium-term long trade opportunityHello, dear traders!
Three major factors that will help EUR/GBP to rise : monthly supprot zone, weekly support line and daily parallel channel.
Entry: 0.8350
SL: 0.8290
TP: 0.8504
Key level broken and buying opportunity with EURGBPH4 time frame.
Structure: The downtrend ended when the price broke the Key level at 0.83700.
Wait for the price to retest to confirm the uptrend, then you can find buying opportunities.
Profit target is 0.85000 price zone.
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Wish you all have a good trading day!
EurgbpHello traders, I expect the price to rise easily to the previous level, and the risk to Rivard is very attractive. Be profitable
EURGBP Chart H1Here is my view for EURGBP on H1. The price might be go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Long 4h
-Structure : Bullish
-Level : Above support
-Fibonacci level : 0.5 - 0.6
1h
-demand zone
- waiting for retest and signal to LONG
EURGBPHello traders. With the break of the level of 0.836 and the tightness of the price at the bottom of the channel, expect long-term growth for this pair. Be profitable.
EurgbpHello. After breaking the trend line and crossing the set ceiling, I expect to climb to the canal ceiling. Are you agree?
EURGBP SetupEURGBP is taking support from channel bottom. We are expecting bulls to be active from here and push the price to near resistance zone.
A buy on dip strategy should be adopted with stoploss below the channel support. Trade your levels accordingly.
Don't forget to share your valuable feedback in comment section.
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EURGBP Trading The CorrectionIn this update we review the recent price action in EURGBP and identify the next high probability trading opportunity and price objectives
EURGBP UpdateIt's A Classic Asian-London-New York Session Trade
DAY 1 ( Wednesday)
It Starts With Asian Box Consolidation
London Session = M- Formation , Creating A Liquidity Pool (Reversing Downwards)
New York Session = W- Formation , Retracting Upside
Stop Loss : -15 PIps
Target : +50 PIps 🎯
R:R = 1 : 3.33
DAY 2 (Thursday)
It Starts With Asian Box Consolidation
London Session = M- Formation , Creating A Liquidity Pool (Reversing To The Upside), Formed A Trencl-line Phantom
New York Session = W- Formation , Retracting Upside (Expectation)
Stop Loss : -15 PIps
Target : +50 PIps 🎯
R:R = 1 : 3
DAY 3 (Friday)
It Starts With Asian Box Consolidation
London Session = Retesting A Bullish Breaker Block (Showing Willingness To Continue Upside)
New York Session = Continuation To The Upside
Max Stop Loss (For The Two Trades : -30 PIps
MaxTarget : +100 PIps 🎯
Total R:R = 1 : 3.3
Trade Update : TP HIT 🎯🎯
LONG POSITIONEUR/GBP Looking very impressive for buy at given zone as you can see here in LTF price showing some bullish strength to upside wait for confirmation and Buy.
eurgbp buy. longhello guys
This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance.
Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will be aggressive towards the up side from this moment since its resting on a support of the wedge since around April 2021.
Nice risk to reward as well!!
Good luck. Trade is active now. SL 0.82960
TP: 0.84800
EURGBP meets strong Demand ZoneIn my last 2 ideas on EURGBP here and here I was short, and we went on to see a nice prolonged drop down to almost a 2 year low.
Now that price has touched the lower trendline and 12H RSI has dropped below 30, I believe a short term reversal could be imminent.
Price has also entered a strong Demand Zone that has seen 5 significant bounces from this area in previous years.
To maximize Risk/Reward I'm looking for a small drop further to 0.83175 for an entry point long, setting a stop loss at 0.82471 (which would represent the lowest price since June 2016), and setting a take profit at 0.84834. This represents a 2.35 R trade, which would require a 29.85% success rate to break even.
Note that this is a HIGH RISK trade at 2.35 R and this is NOT financial, trading or investment advice.
EURGBP SetupEURGBP is bouncing from important daily support.
The pair is trading in a steeper bearish channel, we are expecting the consiladation has given enough time for bulls to make a comeback. The price will rise from current levels.
Trade your levels accordingly.
EURGBP BUY ANALYSISPotential Short/Sell on EURGBP
Inverse Head & Shoulder has been formed
Together with Falling Wedge Pattern
