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Eurgbpshort

EURGBP VERY BEARISHhello traders honestly i did not find this my self it was idea of @VasilyTrader after watching his video about eurgbp i decided to hop on the chart and i found that the price formed a head and shoulder with a broken retested neckline on the daily tf . @VasilyTrader Latest video provides more signs that the price may be heading down i recommend everyone to go watch it for somegood educational content and extra convincing as he does analysis of the 4h tf and the 1hr . i also recommend to drop a sub this guys content is gold and really helped my trading career forever grateful to him. this is no ad trading view dont ban me pls thx
Short
by xAB777
EURGBP - AMD Confirmation ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower. Fundamental analysis: This week on Thursday will be released Bank Rate on GBP, which was forecasted to increase, this means strength in currency, so it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
7 Dimension Analysis For EURGBP 😇7 Dimension Analysis - Daily Time Frame: Identifying Potential Reversal Opportunities 1: Price Structure: Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, but weakness is evident with an inverter hammer and a doji candle formation. Inducement is completed, and the price has changed its character. A liquidity sweep has occurred with no pullback yet. Demand area and weekly support are defined, providing a strong foundation. 2: Patterns: 🟢TREND LINES: Multiple angles and horizontal lines indicating potential support and resistance levels. 🟢CHART PATTERNS: Double bottom pattern with a fake breakout. Rectangle pattern already broken. A fake out occurred at the bottom. 🟢CANDLE PATTERNS: Inverted hammer with multiple long wicks. Doji candle formation. A record session count with 6 consecutive sessions showing proper higher high closings. Change in guard pattern completed. Inside Bar pattern with the last two sessions forming an inside hammer and an inside doji. 3: Volume: High volume at the start of the swing, but currently low volume. 4: Momentum UNCONVENTIONAL Rsi: 🟢 Sideways to bullish . 🟢 Range shift from Bearish to sideways. 5: Volatility measure Bollinger bands: 🟢 Squeeze breakout occurred, but unable to sustain. Now, middle band support will decide further direction. 🟢 W formation completed, suggesting a move towards the target. 🟢 Dual band derivation 1 supported. 6: Strength ADX: Bulls are currently in power. 7: Sentiment ROC: The rate of change indicates that EUR is stronger than GBP. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Entry Move: Corrective wait till Choch ✔ Support Resistance Base: Third Higher Low (3rd HL) May push prices into trigger area ➕ FIB: Trigger event activated ↕️ Trend line breakout: Wait for confirmation. after breakout we will wait price can finish corrective move ☑️ Final Comments: Waiting for the completion of the corrective move. 💡 Decision: Patience until the price completes its correction. 🚀 Entry: 0.8591 ✋ Stop Loss: 0.8499 🎯 Take Profit: 0.8755 😊 Risk to Reward Ratio: 1:3 🕛 Expected Duration: 10 days.
Long
by Optimum369
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 see price to reject from bearish order block + institutional big figure 0.86000 after filling the imbalance. Fundamental analysis: Tomorrow we have news on GBP, will be released yearly CPI. If the result is positive, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURGBP still showing downside - with warningM Formation on a large scale has formed. We had the price break below and then retest the pattern once again. Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity is where Smart Money comes in and sells into the Order Block. However, with the price still flirting at the support means, the selling is not as a strong as anticipated. I'm bearish but cautiously bullish if the price does break above the downtrend.
Short
by Timonrosso
EURGBP downside due to a large M FormationM Formation has been in the making since 19 August 2022. The price then broke below the neckline, restested and is now showing a ton of downside to come. We have other indicators showing bearishness. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity Order Block is clearly shown (green box) Smart Money sells into positions (and sweeps liquidity) from traders who are short (get stopped) and for long traders who buy and enter into their trades.
Short
by Timonrosso
1
SHORT - EURGBP (D) (28 May 2023)Position Trade - EURGBP EURGBP is not a profitable pair to trade due to the distance between the Supply and Demand Zones in the Monthly Chart. However, SHORT opportunities are available for multiple positions for traders to profit from. In the Monthly Chart, - SHORTS are playing out already and the price is in equilibrium. Hence any trades in the WK and D1 needs confirmation. In the Weekly Chart, - We can set a pending SELL limit trade for price to retrace back to the Weekly Supply A pending SELL limit order is placed on 28 May 2023 In the Daily Chart, - Price needs to break an opposing zone before we can look for possible sells, as there were too many wicky Daily candles to the left of the chart Alert/s were set in the Daily Chart if price breaks the zone as of 28 May 2023
Short
by angieh
1
EURGBP Long Term Trading IdeaHello 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 CHART 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.
Long
by ForexPlanet20
EURGBP SHORT/SELL🔰 Pair Name :EUR/GBP 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Mid/ Long Scale 🔰 Direction : SHORT /SELL The EURGBP price has reached the 4-hour resistance level at 0.8622, which is just below the daily resistance at 0.86325. If a bearish pin bar forms after the closure of the Daily candle, it indicates a potential reversal, and we can expect the price to retreat towards the daily support level at 0.84775, or even further down towards the possible lower daily support position at 0.84133. We will closely monitor the price action until the closure of the Daily candle to assess the market conditions and make an informed decision regarding the opening of a sell position.
Short
by Moon_SmartMoney
2
EURGBP - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a strong bearish market structure, so I am looking only for shorts. I want to see price to continue the retracement and then to reject from bearish order block + institutional big figure 0.86000. Fundamental analysis: Tomorrow week we have news on GBP, will be released yearly CPI and on Thursday Interest Rate. Pay attention to the results in order to validate the analysis, as these news are one of the most important. If the results are positive for GBP, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EURGBP Expectations: UK Inflation and BoE's Decision this WeekOn Monday, the pound reached its highest level against the euro in 10 months, at 85.25 pence, as investors await the British inflation data and the upcoming Bank of England decision. However, the currency pair quickly rebounded to the support level of the previous week, at 85.42 pence, but is perhaps now tracking down again. In recent weeks, the sterling has experienced a rallied against the EUR and USD (particularly against the USD, marking its largest weekly gain since December 2022). This surge can be attributed to economic data suggesting that inflation in Britain is more persistent compared to the United States and Europe. As a result, traders have started factoring in more interest rate hikes from the Bank of England, leading to increased yields on British government bonds and bolstering the pound. Additionally, investors' expectations have been heightened by recent data showing a faster-than-anticipated growth in British wages. Currently, the pound is down 0.26% against the dollar, trading at $1.278. However, it remains close to the 14-month high of $1.285 reached on Friday. British inflation data is scheduled to be released on Wednesday. Economists predict that the headline Consumer Price Index will have slightly cooled to 8.5% year-on-year, down from 8.7% in April. However, they anticipate that the core CPI, which excludes volatile food and energy costs, will remain steady at 6.8%. If these figures align with expectations, the pound could strengthen further due to the anticipation of additional interest rate increases by the Bank of England. Nevertheless, any unexpected results could introduce volatility into the market, and perhaps validate the recent rebound in the EUR. On Thursday, the Bank of England will announce its decision on interest rates, with investors and economists expecting a 25 basis point hike to 4.75%. There is little uncertainty surrounding this decision, so traders will closely examine the bank's forward guidance. Indications of future interest rate hikes are likely to bolster the GBP.
by BlackBull_Markets