Eurgbpsell
EURGBP is in sell zone!!EURGBP has just tested previous support as resistance and is likely to drop from there as this important level is formed by weekly and daily candles. Also, this instrument is in a down trend and now a selling opportunity arises in its downward direction.
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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.
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EURGBP -Short/Medium Term forecast!The EURGBP has been in a mid term downtrend, "Is the trend going to continue?".
Currently we are completing a WXY correction in the minor green degree which should see the pair push high from current level into our bluebox area. As long as we don't go beyond the bluebox(0.8800) then we should see a reversal which will take the pair even lower in the coming months/year. We should start looking for selling opportunities from 0.8730.
If we see a correction in the bluebox then we are likely to see a double correction which will take the pair further up, but we still should remain bearish for the mid-term.
EURGBP- SELL strategyWe are currently in a false bull flag pattern, and the support is 0.8516 at this point in time.
The Stochastic RSI is negative, and it suggests that with the GANN resistance 0.8580 that a sell strategy may make sense.
SELL current 0.8525 and place stop-loss above 0.8585. The profit objective is low 0.8400s.
EURGBP SHORTS 📉📉📉We are in a bearish orderblock area on a daily TF, price took out liquidity above buy side liquidity(retail trendline area) rejecting nicely before. This currency pair has a lot of un-filled bullish imbalances that tend to magnetize price back into those areas expect to see bearish price action till 0.84500 / 0.84000
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Idea for EURGBP with video with any timeframes still Dropping ?Hi Guys This is my idea for now please press the like button and leave your comment if my idea will be the same as yours and if you like my idea as well please dont hestitate to press like and leave comments ;)
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EURGBP SHORTS 📉📉📉Price should retrace lower after rejecting an important bearish orderblock on h4, price filled all bearish imbalances and right now should be magnetize back above bullish imbalances around 0.84000, best case scenario target is around sell stop liquidity 0.83800 where a lot of buyers hold their stops.
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EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/GBP:DOWNTREND| PRICE ACTION| NEW SHORT OPPORTUNITY...Welcome back Traders, Investors, and Community!
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EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.