EURGBP BUY ANALYSISPotential Bullish movement to the upside
Price has broken out of the falling wedge pattern
We will look to take long positions once it breaks the resistance level @0.83550
Our TP1 would be @0.84480
Our TP2 would be @0.85450
Eurgbplong
EURGBP LONGS 📉📉📉📉 Expecting bullish price action as price takes liquidity below sell side liquididty and weekly lows that means market is due for a bullish reversal on a intra-week perspective, i think we will hit 0.84000 this week and then look for shorts.
What do you think ? Comment below..
Long opportunity on EURGBPfor this week??Share your idea in the comment section about this pair and let's debate
Happy New Year, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
EURGBP may be going to reversalThe H4 and daily divergence show weakened bulls, with a triangle in H1. I will be waiting of the support rejection to buy a position.
EURGBP| HTF Reversal Structure + Reversal Impulse Entry :)Waddup Good People :)
I have bullish bias here. There's a very nice potential Pattern Separation play here. Looking for either a push down then reversal impulse plus LTF Bull flag for entry or a Push up from current Price then LTF bull flag for entry.
EURGBP - Long Position PendingEURGBP retracing back into demand pool to soak up remaining long orders to create another imbalance momentum upwards. Note: This has already been visited so approach with a 2:1 R:R trade.
EURGBP LongWe're expecting EURGBP to continue trading within the range after seeing two bullish candlesticks on daily closes over the last two days. We took this trade in November expecting a further push but only had a couple of take profits hit. We've now revised this to take profits on the way up to the top of the range. Price is currently trading at bottom of the channel and we can expect this rise to take place over the coming weeks. trading a rejection or false breakout of trendline is the safest entry with the highest probability for this trade. GBP is pushing its limits at the top of momentum meter so we expect GBP to weaken in the coming weeks.
R:R = 1:4:5
GL.
EURGBP LONG IDEAHey guys, this pair is currently at a deep weekly discount. I will be looking for reversal patterns for me to go long on this
combination of channel and divergenceHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
EURGBP :
the price reaches the lower line of the parallel channel at the same time, it enters strong support zone.
A divergence between MACD and the price supports the idea of possible upside movement.
target for this analysis is the resistant zone that shown in the chart.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
EURGBP LONGOn a 4h timeframe the price made a fake out on down channel and entered back on the channel making a double bottom, if the price brakes the 1h time frame wedge formation, also the S/R zone retesting it then it will be a very big possibility that the price will go up.
eurgbpWe can enter into a purchase transaction at three points
First at this point with sl : 0.83280
The second and third are also specified
EURGBP | Strong Bullish SignWhen it comes to EURGBP , we've seen price tested the previous support zone and bounced back each and every time, which clearly show the signs of demand. Now price is making newer highs. And I'm not seeing enough resistance to hold the price till T1, which is the first exit point you should consider.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long on EUR/GBPOn a daily time frame there is a downward channel leading into a major support area.
I am expecting price to balance off of the support line of the downward channel where it currently is at the moment and break out of the channel heading to the next level of resistance.
RSI indicator is coming out of the oversold state as well as the MACD showing a possible golden cross developing.
Here is the trade i will be taking on this pair:
ORDER - Buy Stop
Entry - 0.83841
SL - 0.83341
TP - 0.85368
EurGbp approaching strong supportDecember has been a very good month for Gbp, with the currency gaining in almost all pairs and in EurGbp's case gaining around 250 pips.
At this moment the pair is approaching very strong support and we can have at least a correction from that point
I'm looking to buy this pair and with a target of around 0.8450
A break of support would negate this scenario
EURGBPTF: Weekly
Details on chart:
price is 40 pips away from Supply & Demand Zone.
am expecting a drop to S&D zone, then we will monitor the price around the S&D zone fore bullish Opportunity.
EURGBP LongIf current level confirm support EURGBP could give us some nice long with +7.6 RR. Let's hope with crossed fingers.
EURGBP - LONG RALLY COMINGMy analysis predicts a long rally coming up for EG - up to the 0.85 mark to be precise. This one will chop sideways a little to drink up the liquidity before bulls make a run home. I will be waiting for PA to create new demand zones before entering my 2 or even 3:1 trade here.
EURGBP EURGBP can pump from this area hard
We are going long and hoping to see some good bullish movements soon
Daily support 💙
Good luck
EURGBP LONG#EURGBP Daily
Here Is That EURGBP Daily
We Are looking A Parallel Channel in Bearish Channel
So That EURGBP Is Move to Up to Touch The Highest Channel Trend line
EURGBP BuyThis is my idea on EURGBP Buy
50MA Crossed, expecting retest after touching 200MA, then continuation to rise to 0.85115
What do you guys think?
EURGBP - BuyIts look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
EURGBP: Long Shot🏌️♂️This pair is difficult but if we open our eyes and understand what price has done, we can assume a reversal soon.
Now that the low has been wiped and liquidity has been taken from there, the price may now want to target the right shoulder liquidity.
This is a long shot but definitely one to keep your eye on for fantastic risk to reward.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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EURGBP Long OpportunityHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURGBP for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
