EURGBP: Exploring a Potential Sell OpportunityCurrently, EURGBP is exhibiting bearish institutional order flow , leading me to anticipate a continuation from the current H1 Bearish Order Block. The objective is for price to reach the Daily Bullish Order Block, our current Draw On Liquidity. This sell opportunity holds a high probability due to the presence of low resistance liquidity towards the downside, facilitating smooth movement through inefficiencies such as Liquidity Voids and Fair Value Gaps towards the Order Block.
I have considered taking a Risk Entry Trade off the H1 Order Block, with the Stop Loss positioned at the high of the Order Block.
Kind Regards,
The_Architect
Eurgbpshort
EURGBP Trade Idea - VideoRegarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity.
On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
EURGBP - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block.
Fundamental news: On Thursday we have news with high impact on EUR, we will see results of Interest Rate.
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Pattern within a pattern confirmation // EURGBP shortA reversal channel pattern is forming on the 1hr time frame, within a bearish flag that was formed in a HTF (4hr - Daily) of the EURGBP. If the price completes the reversal channel pattern, then there's a high probability of price dropping towards the weekly support area or reverse on the trendline that was formed by the falling wedge Pattern on the HTF (Daily).
Place a pending order on the 15m time frame near the top of the reversal channel that is potentially forming currently.
🐂(EUR GBP Bullish trand pullback forecast)Hello traders what do you think about EURGBP ) ?
(Technical analysis forecast)📊📈📉
EURGBP peris bullish trand pullback short last week erugbp peris big bullish 0.85447 short .084977) 📉 tast support pullback reset taste down resistance 0.85686) price big 🐂 bullish candle pullback short 0.85116) 📉📊
(Short analysis forecast)📈📉📊
Selling short entry EURGBP peris bullish candle 🕯️ I think taste resistance big bullish short 📈📉)
safe trade 🙏 pales like and comment's don't forget next analysis) 🫰🙏
EURGBP - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block.
Fundamental news: Tomorrow we'll see results of yearly CPI on GBP
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EURGBP/EURJPY/EURAUD UPDATE! 2/6/2024Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades.
*eurgbp
* Eurjpy
* euraud
EURJPY/EURGBP/EURAUD SELLThe euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are.
*Eurgbp
* eurjpy
*euraud
SHORT
EURGBP Pair : EURGBP ( Euro / British Pound )
Description :
BEARISH CHANNEL as an Corrective Pattern in Long Time Frame
Completed Impulse Correction Impulse
RISING WEDGE as an Correction in Short Time Frame and Rejection from Lower Trend Line
BREAK OF STRUCTURE and Completed the Retracement at Demand Zone
EURGBP - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.86000.
Fundamental news: On Thursday will see results of Interest Rate on EUR. News with high impact on currency.
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EURGBP → Strong support at 0.8600On Tuesday's session, the FX:EURGBP was observed at 0.8605, experiencing slight gains of 0.15%. Following two days of declines and encountering robust support at the 0.8600 level, bears took a break. Despite this, the daily chart still presents a neutral to bearish outlook, and this bearish tilt remains apparent in the four-hour chart as well.
The indicators on the daily chart reflect a prevailing selling momentum. The Relative Strength Index (RSI) displays a positive incline yet remains within the negative territory, implying that while the selling pressure is somewhat easing, there is no pronounced shift in favor of buyers just yet. Concurrently, the Moving Average Convergence Divergence (MACD) with its rising red bars further highlights the current bear dominance. Moreover, the pair's position beneath the key levels of 20, 100, and 200-day Simple Moving Averages (SMAs) reinforces the widespread bearish control.
Zooming into the four-hour chart, the bearish sentiment is echoed. The tilt remains downhill as the negative slope of the four-hour RSI proclaims that sellers dominate the short-term momentum as well. However, the rising green bars in the four-hour MACD indicates a growing bullish undercurrent and a possible bearish exhaustion. It may imply that bears are taking a breather, and a temporary reversal might be on the cards if buyers manage to build an effective momentum. However, the overall outlook remains dominated by the sellers in the short run.
EURGBP - Short active ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for short. I expect price to reject from trendline + 0.618 FIBO level + institutional big figure 0.86000.
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