EUR/GBP Head and Shoulders EUR/GBP will be drop to neckline
Because now in the important Fibonacci resistance zone
Eurgbpshort
EUR/GBPWe can see a Pretty Good Down Move Of EURGBP Because We see a Clear break of the Small Time Frame Structure so we can see more continuation to the Down Side possible scenario mentioned on the chart
EURGBP: The market is preparing for the NEXT IMPULSE! (setup)Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURGBP, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
Since the end of September, this market performed a really strong bearish impulsive phase, correcting and moving following the same bias for a while.
In mid of October, we could see a formation of a potential bearish structure, and we were able to take some profit form that movement.
Eventually, as expected, there was a possibility to see the general structure evolving in a bigger structure and currently, after a retest of the level 0.8800 and a formation of the rising channel, the price is nicely moving to the downside.
All the confluences are in line with the main HTF momentum and we will be looking to short the market targeting the bottom of the LTF structure, at around 0.85700.
When, where and why would we step into the market?
The price currently broke the LTF structure, and we are waiting for some correction before place a short position on this trade, whenever the correction will be completed.
It would be a clued of a potential market continuation and we believe in an interesting opportunity!
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
EURGBP - Short after break of structure ✅Hello traders!
‼️ This is my analysis on EURGBP .
Here we are bearish from H1 timeframe perspective after the price broke the market structure, so I am looking for shorts. I expect price to make a retracement to fill the imbalance above and then to reject from bearish orderblock.
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Trading opportunity for EURGBPBased on technical factors there is a Short position in :
📊 EURGBP
🔴 Short Now 0.87235
🧯 Stop loss 0.87617
🏹 Target 1 0.86330
🏹 Target 2 0.85770
🏹 Target 3 0.84740
💸RISK : 1%
We hope it is profitable for you ❤️
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EURGBP Short Analysis Update🔥🔥🔥Price swept friday's high and reacted from POI 1, dropped morethan 60 pips..Please this is not a financial advise rather its an aid to point you to the possible direction!
eurgbpThere is a high probability that the pound will increase against the euro. In the block of orders, you can take a position in the direction of market decline.
EURGBP possible short for longer termEURGBP forming lower high and lower low after peak formation. each high is lower than previous one. more probable chances for new lower high at approximately 0.8740. need to hold for lower high and lower low formation. short term target for short 0.8630, 0.8590 while 0.8470 longer term bearish target.
EURGBP: Looking for further BEARISH ContinuationHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURGBP, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Higher timeframe:
Lower timeframe:
At the end of September, this market reached an interesting swing, and we could see a strong bearish impulse lasted for more than 500 pip. Initially, the market started correcting, retracing and forming a flag structure and it performed a new strong impulse to the downside.
Enough bearish confluences are still in line with the overall bias and if the market will develop further bearish price action, it could be a great market opportunity for the upcoming week.
When, where and why would we step into the market?
Currently, the market is retracing and many different scenarios could happen! Overall, if the market will form a new structure, we will definitely take advantage of it but however, we don't exclude the possibility of a bigger and deeper structure before a potential drop, that could last for a week or more!
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
EURGBP SELLAbout the DXM (Dumb Money Index), 71.2% long on EURGBP as we saw a big selling force in the last few days that caused us to break support.
Open interest is also rising and in terms of economic news we have the German Manufacturing PMI tomorrow morning.
Large buying volumes are visible around 0.84, the price has a strong chance of being pushed lower.
Beware, volatility may increase by the end of the week!
This is not a financial advice but a personal analysis.
Dorian.
EURGBP Idea D1Here is my view for EURGBP on D1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP - SHORT TO BUY IDEA Please this is not a financial advise rather its an aid to point you to the possible direction!
EUR/GBPLondon strategy - mostly following the trend as it is going significantly bearish it might hit the tp level . let's wait and watch
EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURGBP possible sell zone!!EURGBP has formed a strong bearish price action on the 4h after breaking the local support zone. As there is a strong rejection of the monthly and weekly, there is a high probability price will continue to drop. Currently, the price is retesting the previous support turns resistance. Upon rejection from the moving average of 4h, we could find a possible sell opportunity!!
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EURGBPHi traders, EURGBP is setting up for a downside possible move watch price to go our mentioned pattern completion area and look price action on the top for a short position opportunity if price break 0.85786 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
EURGBP - Bearish market structure ✅Hello traders!
‼️ This is my analysis on EURGBP .
Here we can see that price broke the market structure and now I am looking only for shorts. I expect price to continue the sell-off to fill the imbalance below.
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EURGBPAfter hitting my target level the pair is comming down because EUR has weakenen not further buy side biased on EUR pairs
DeGRAM | EURGBP swing zone EURGBP pullback after sell off.
The market pulled back to the resistance zone with a deceleration.
Price is approaching the swing zone that was respected multiple times before.
We expect a down move to the support level .
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EURGBP Slow moving but likely to fall to supportWelcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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💷The pound is getting up on its feet💷💶Eur/💷Gbp analysis Eur/Gbp analysis
🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency.
🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of the central
bank.
🚀From Friday's information readings, for the first time in history, inflation for the euro area has become two digits and is as high as 10%. The main component of the infomation is the increase in energy prices in the Euro zone.
🚀It is also worth noting the increase in the unemployment rate in Germany, which already amounts to 5.5%
🚀The increase in market interest rates in Great Britain, forecasting that the interest rate in Great Britain could reach 6% next year, had an impact on investors and the British Pound became an interesting asset.
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