EURGBP - Potential Upward MovementEURGBP touched demand zone and is about to bounce back up. Exit at first supply zone.
Eurgbplong
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for the positive sentiment in EUR is that the USD has been quite weak in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8680 LEVEL. And after that EURGBP can be SELL to 0.8500 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP | Potential UpsideEURGBP has created a potential reversal sign as RSI printed a bullish divergence. We are waiting for a clean breakout to enter long in the market. Downside risk is limited.
#EURGBP- LONG 600 PIPS SETUP!!!Dear Traders, We have good buying opportunity on EURGBP, expecting EUR to be over the long term view and expecting GBP to be bearish over the next couple of months. Price currently in accumulation phase and it will drop to our 'point of interest' before it moves up.
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Take care and much love!
BULLISH BUTTERFLY PATTERN FORMED ON EURGBP H1A bullish butterfly pattern has just been confirmed on eg, the alternate ab=cd pattern confirmed the PRZ
Below is the correct measurement of a valid butterfly pattern
XA retracement of b point = 0.786, price confirmed that measurement, considering that b point tolerance is (+-3%)
AB retracement of c point = 0.382 - 0.886, price confirmed 0.618 measurements,
BC projection of d leg: 1.618 - 2.24, price confirmed the maximum value of 2.24
XA projection of d leg = 1.272.
Alternate AB = CD
AB retracement = 0.618
BC projection of d = 1.618, which complements the measurement of the bullish butterfly pattern and confirmed the PRZ.
Warning signal
Although, the price is still respecting the daily trendline. But there seems to be more bearish momentum at the time of composing this analysis. The price might drop to the sl value before reversal.
Risk to reward as always 1:2
Sl below x, or to the previous resistance value
TP1 at 0.382 and TP2 at 0.618 of A TO D measurement
Apply Good risk mgt, 1 to 2%
Disclaimer: This is not financial advice, do your own analysis and confirmation
EURGBP Long Term Selling Idea Hello Traders
In This Chart Forex ForecastEURGBP DAY By FOREX PLANET
today EURGBP analysis 👆
🟢This Chart includes_ (EURGBP market update)
🟢What is The Next Opportunity on EURGBP Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
EURGBP- A Strong Bullish Divergence EURGBP is making a Strong Bullish Divergence. So, from here EURGBP make a Strong Bullish move.
EURGBP - Buy idea for a 1:6 Risk to RewardEURGBP has been consolidating for 3 weeks. It has really strong support at 0.8560 to 0.8570.
There is a pattern to go long at the current price. With the strong consolidation, we can expect a big move upwards. The stop loss is very tight - just 30 pips below the strong support.
This is counter trend and looking for a reversal.
DREAMS FOREX | EURGBPHello hustlers.. This idea for Swing Trader long term entry also use good trade management only thing important in Trading is how you manage your trade...
FROM 1:1 & 1:2 RISK REWARD RATIO...
Enjoy...
eurgbp a good place to longI have an idea about eurgbp which is a swing in trend. I'm waiting to see what happens when the price reaches the black box. if there will be any retracement patterns like QM, I would go for a long position.
EURGBP - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are bearish from daily perspective as we have huge imbalance lower that has to be filled. I expect price to make a retracement to fill firstly the imbalance higher and then to reject from 4H bearish order block + institutional big figure 0.88000.
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🛎🛎 EURGBP 1H PROJECTIONEURGBP has taken out The Sell side Liquidity and Then made Choch , And then created Eq Lows. Now we are Expecting the Marketing to take out those Eq lows and Enter the Zone where previously Manipulated and then Sharply Move upwards to Grab the Buy side Liquiidty
EURGBP-1H-BULLISH REVERSALEURGBP is making reversal trade executed after it broke its last higher low
EURGBP Potential To More HigherIt can be seen that the strength of the buyers is still seen dominating in the last few candlesticks. If in the next movement pattern the confirmation to the buyer has been fulfilled. The market movement will be higher
EURGBP CRUSSIAL BREAKOUT OR FALSE BREAK?2 The simulation will have a very large impact in the medium term, in the D1 period it is seen that the possibility of movement can be 0.865 as a reference for a breakout or fake breakout.
I still believe that a positive trend for EUR will occur.
EURGBP BULLISH IDEA (HARMONICS REVERSAL PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry, SL & TP Levels are defined.
EUR/GBP LongEUR/GBP has reached a strong Support that has held all year, on the 1HR I see a double bottom formed at the bottom of the support.
I suspect that the support will hold for now and price will move up a bit. I will wait for 1HR candle close to place a limit order to buy on the retrace of the broken neckline.
This is not a signal, I'm still learning and it is just my view of things. Any feedback would be greatly appreciated.
Thanks
possible long on EUR/GBP very soon.Eur/gbp, currently on support level. I will probably take buy postions as soon as the market shows another green candle.
EURGBP BUYHi fellow traders, EURGBP looks ready for a move higher from the blue box area. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8819 LEVEL. And after that EURGBP can SELL to 0.8700 LEVEL. The given STRUCTURES should be BREAKED for that...
EUR/GBP, possible long postion soon..,OANDA:EURGBP
EUR/GBP, nearing major support rapidly. I will probably take buy postions as soon as it shows bullish momentum at support level.
EURGBP - Short active ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: As I said in my previous analysis, I was looking for a short if price takes buy stop liquidity, fills the imbalance and rejects from bearish order block. All of these aspects were confirmed, so I opened a short position.
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