EURGBP ANALYSISEURGBP is once again testing this support, this 4hr candle will be important and will decide the direction of this pair. If we can get a close below this support we can see a strong bear move to the next support, we might test this support turned resistance before making the move down.
If however EURGBP keeps above this support we might see another move to 0.861 for a continuation of it’s range.
Always wait for market to decide where it wants to go, be reactive of candle closing.
Eurgbplong
EurGbp- New leg up?After the recent low at 0.8450 zone, EurGbp has had a first leg up, reaching my 0.86 target.
A correction followed and this seems to be over and the pair found a strong floor at 0.85
A second leg up could be underway and the pair can reach 0.8650 resistance
Buy dips is my strategy
EURGBP BUY STOP 0.85895 if u like this idea follow thisdont trade before buy stop, if you get 20 to 30 pips kindly close, its good for investment 2% risks.
if you wanna more pips fully risks for yours.
we are only try to hit baby pips if you like this analysis, please support our idea by hitting the like button and share to your friends. we will support start to end trading.
hava a great trading!
EUR/GBP BUY NOW WITH LOW RISK.....
💹EUR/GBP ⏬BUY @ 0.85600
✅TP-1# 0.85838
✅TP-2# 0.86082
⛔️SL 0.85345
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💡Don't miss the great buy opportunity in EURGBPTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8563).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURGBP is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.8573
TP2= @ 0.8591
TP3= @ 0.8609
TP4= @ 0.8633
TP5= @ 0.8657
SL= Break below S2
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💡Don't miss the great buy opportunity in EURGBPTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8563).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURGBP is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.8573
TP2= @ 0.8591
TP3= @ 0.8609
TP4= @ 0.8633
TP5= @ 0.8657
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Wait for a buy setup with EURGBPH4 time frame.
The downtrend structure has been broken, the price is currently retesting the Key level at 0.85500.
Wait for the buying signals to appear here.
The profit target is the old resistance area at 0.86600.
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Wish you all have a good trading day!
EURGBP, 4hr tf, buy the end of wave-4
I am expecting further upside in this pair.
Price currently retracing to complete wave-4.
Notice that wave-1 and wave-3 are almost same length.
Usually when the length of wave-1 and wave-3 is the same size, wave-5 gonna be the longest wave and it will have 1 : 1 : 1.618 comparison.
Buy EURGBP 0.8558
Stop loss 0.8530
Take profit 0.8638 (2.8R)
Use only 1-2% risk
Good luck