eurgbp longs buys!! multi time frame confluenceHi guys, hope you are all well. As i mentioned in the video the sound quality is not great due to having internet issues on our trading floor so i have had to come home and do it here. Anyway..... we are looking at taking longs on EURGBP as mentioned in the video we have many confluences on x3 different timeframes such as the weekly, daily and h4 and we are now just waiting for a reversal pattern to confirm our entry!!
Eurgbplong
EURGBP - Breakout TrapBefore breaking out we created a smooth support level for breakout buyers to place their stops at.
This of course got purged before continuing higher.
Now that the majority of liquidity has been taken from this area we should see the next fluid move to the upside.
I want to see how price rejects at this current level, my only concern is the weekly low nearby that may want to be taken out.
I will keep you all updated.
EURGBP: intraday long tradeHi Traders,
This is my view on this pair for the next few days
#EURGBP
BUY 0.8555
SL 0.8517
TP 0.867
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
Waiting for confirmation of uptrend at EURGBPH4 time frame.
Structure: Descending Channel.
Bias: Uptrend.
Waiting for confirmation of uptrend after break key level and descending channel.
Target is next resistance at 0.87200.
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Wish you all have a good trading day!
EURGBP Long positionAfter sideway with a high ATR, I think EURGBP needs to do something truly huge. Maybe a pump wave or... dump wave? Based the basically to reading the Volume Profile, I think EURGPB has potentially to pump to the 0.868xx area. What is your oppinion. Let's share with me your view and following this trade together.
EURGBP opportunity presents late in the day 😎👊Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURGBP TRADIND IDEAa) Weekly
1. Price is uptrending on the weekly chart as it already touch the 4th point of the trendline.
2. Price was closing with a bull candle with long wick last week.
3. Price broke market structure last 3 months with a huge momentum which is a sign of uptrending and reacted to weekly snr level.
b) Daily
1. Price made a falling wedges as a sign of correction after the momentum of breaking the market structure.
c) Confluences
1. Price respected the trendline.
2. Price was already at 78.6 fibs.
3. Price respected daily support and ascending trendline.
d) Plan
1. Looking for a long position when price come back at least at h4 snr level
EURGBP appears to be bottoming out, big uptrend in coming weeksEUR/GBP has formed a bullish candlestick in the daily chart in the support level.
I am expecting a big uptrend in the coming weeks in EURGBP.
I recommend buying the dips between 0.8470-0.8510 with SL below 0.8420
and initial TP at 0.8630.
If you are a long-term swing trader, you can target the 0.8850 area once price breaks out
of the 100 day EMA level.
EURGBP speculative A-B-C setup +2448 pips- if you follow this setup, do not overleverage
- do not use more than 1% of your balance
simple and effective:
-speculative setup
-entry piont B - 88.2 fibonacci
-big support zone between S1-M Pivot and S1-Q Pivot
-180 pips SL
-target 1.08590 line 2 trend based fib
-setup could take weeks
-no fast gains
-hold and get paid
-TP +2444 pips
-massive RR 13.45
-updates will follow
-like so you don't miss anything
-follow me for more
good luck
not a trading recommendation or a investment advice
just my own opinion
going back upThere's still room for the pair to go down a bit further, however I expect it not to break long formed downtrend channel, and bounce back up from the edge of the lower channel line. It will require much selling power to get it further down, at the point of which I believe there'll be more buying interests than selling.
The SL is at mid of historical support zone, it can go lower. TP is fib based. GL
EURGBP is Moving up to the resistance Line
Welcome back Traders, Investors, and Community!
Hi Traders, EURGBP on H1 after long time being in the Bearish channel did not go all the way down to the Support line of the channel and has got stopped above the Support. There is a high chance that it goes up to the resistance line and breaks above it.
⬆️Buy at 0.851
⭕️SL @ 0.8463
✅TP1 @ 0.8605
✅TP2 @ 0.8685
✅TP3 @ 0.8794
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day