EURGBP Short SetupEURGBP Analysis
The EUR/GBP pair is exhibiting a bearish trend on the higher time frames, which is favorable for our analysis. The market has formed a series of lower highs and lower lows, confirming the downward momentum. Currently, the price is testing a strong resistance level that has been retested, presenting a critical juncture. At this point, it is prudent to adopt a wait-and-see approach to observe how the market interacts with this level. A break above the resistance could invalidate our bearish setup, while a rejection and consolidation below this level would reinforce the likelihood of the bearish trend continuing.
We will monitor the market's behavior closely. I hope you all had a profitable trading week, and I wish you a pleasant and restful weekend ahead.
Cheers!
Eurgbpsignal
DeGRAM | EURGBP retest of the demand zoneEURGBP is in a descending channel, in the demand zone between the trend lines.
The price is moving from the lower boundary of the channel and dynamic support, which has previously become a rebound point.
The chart has formed a harmonic pattern.
Indicators on the 1H Timeframe point to a bullish convergence.
We expect growth after the retest of the lower boundary of the demand zone.
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EUR/GBP "The Chunnel" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : The heist is on! Wait for the breakout of (0.82650) then make your move - Bearish profits await!"
however I advise placing Sell stop below the support line or Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in swing/retest.
I highly recommend to use alert in your trading platform.
Stop Loss 🛑: Thief SL placed at 1.83000 (swing Trade Basis) Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.81950 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
The EUR/GBP "The Chunnel" Forex Market is currently experiencing a Bearish trend., driven by several key factors.
⚖️Fundamental Analysis
- The European Central Bank's (ECB) monetary policy decisions significantly impact the EUR/GBP exchange rate. The ECB's interest rate decisions influence the euro's value relative to the pound.
- The UK's economic performance, including GDP growth, inflation, and employment rates, also affects the exchange rate.
- Political developments, such as Brexit negotiations and EU-UK trade agreements, can create market volatility and impact the EUR/GBP exchange rate.
⚖️Macro Economics
- Inflation Rates: The ECB's inflation target is below, but close to, 2%. The UK's inflation rate has been above the Bank of England's 2% target. These differences can influence the exchange rate.
- Interest Rates: The ECB's interest rates are currently lower than the Bank of England's rates. This difference can impact the exchange rate.
- GDP Growth: The EU's GDP growth has been slower than the UK's in recent years. This difference can influence the exchange rate.
⚖️COT Data
- Commitment of Traders (COT): The COT report shows that large speculators, such as hedge funds and institutional investors, are currently net short on the euro. This suggests that they expect the euro to weaken against the pound.
- Non-Commercial Traders: Non-commercial traders, such as individual investors and hedge funds, are currently net long on the euro. This suggests that they expect the euro to strengthen against the pound.
⚖️Market Sentimental Analysis
- Market Sentiment: The market sentiment for EUR/GBP is currently bearish, with many analysts expecting the euro to weaken against the pound.
- Positioning: Many traders and investors are currently short on the euro, expecting it to weaken against the pound.
⚖️Trader Positions
- Institutional Traders: 55% short, 45% long
- Retail Traders: 58% short, 42% long
- Hedge Funds: 60% short, 40% long
- Commercial Traders: 52% short, 48% long
- Banks: 50% short, 50% long
⚖️Next Trend Move
- Based on the current market sentiment and positioning, the next trend move for EUR/GBP is likely to be downward, with the euro weakening against the pound.
- However, it's essential to keep in mind that market trends can change rapidly, and unexpected events can impact the exchange rate.
⚖️Quantitative Analysis
- Moving Averages: The 50-day moving average is currently above the 200-day moving average, indicating a bullish trend. However, the short-term moving averages (10-day and 20-day) are below the longer-term moving averages, indicating a bearish trend.
- Relative Strength Index (RSI): The RSI is currently at 40, indicating that the market is oversold and due for a bounce.
- Bollinger Bands: The Bollinger Bands are currently widening, indicating increased volatility.
⚖️Intermarket Analysis
- Correlation with Other Markets: EUR/GBP is currently positively correlated with the EUR/USD and negatively correlated with the GBP/USD.
- Impact of Other Markets: The EUR/GBP exchange rate is likely to be impacted by the performance of the US dollar, as well as the relative economic performance of the EU and UK.
- Commodity Prices: Changes in commodity prices, such as oil and gold, can also impact the EUR/GBP exchange rate.
⚖️Overall Summary Outlook
The EUR/GBP exchange rate is expected to decline in the short-term, driven by the bearish market sentiment and positioning. The euro's weakness against the pound is likely to continue, with a potential target of 0.8200. However, any unexpected positive developments in the EU or negative developments in the UK could lead to a reversal of the trend. Traders and investors should remain cautious and monitor market developments closely.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
#EURGBP 4HEURGBP (4H Timeframe) Analysis
Market Structure:
The price is currently forming a symmetrical triangle pattern, indicating market consolidation and reduced volatility. This pattern suggests that the price is preparing for a breakout, but the direction remains uncertain. A breakout on either side will provide further clarity on the next potential move.
Forecast:
Traders should wait for a confirmed breakout in either direction before entering a position.
Key Levels to Watch:
- Entry Zone: A breakout above the resistance trendline may signal a buy opportunity, while a breakdown below the support trendline may indicate a sell opportunity.
- Risk Management:
- Stop Loss: Placed beyond the breakout level to manage risk.
- Take Profit: Target the next key support or resistance levels, depending on the breakout direction.
Market Sentiment:
A symmetrical triangle represents market indecision, and a breakout in either direction will determine the next trend. Waiting for confirmation ensures alignment with the prevailing market movement.
EUR/GBP "The Chunnel" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/GBP "The Chunnel" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (0.83700) then make your move - Bullish profits await!"
however I advise to placing the Buy Stop Orders above the breakout MA or placing the Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at 0.83200 (swing Trade Basis) Using the 4H period, the recent / Swing Low or High level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.85100 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
EUR/GBP "The Chunnel" Forex Market market is currently experiencing a bullish trend,., driven by several key factors.
🎇Fundamental Analysis
The EUR/GBP pair is influenced by the interest rate differential between the European Central Bank (ECB) and the Bank of England (BoE). The ECB's main refinancing rate remains at 0.0%, while the BoE's base rate stands at 3.5%. Recent economic indicators show Eurozone Q2 GDP growth rate slowing to 0.2% quarterly and 1.1% annualized, while UK Q2 GDP growth rate remains at 0.4% quarterly and 2.1% annualized.
🎇Macroeconomic Analysis
GDP Growth Rate: Eurozone Q2 GDP growth rate slowed to 0.2% quarterly, 1.1% annualized; UK Q2 GDP growth rate at 0.4% quarterly, 2.1% annualized.
Inflation Rate: Eurozone July inflation rate at 1.0% annualized; UK July inflation rate at 1.5% annualized.
Unemployment Rate: Eurozone unemployment rate at 7.5%; UK unemployment rate at 3.9%.
Trade Balance: Eurozone trade surplus at €24.6 billion; UK trade deficit at £-14.8 billion.
🎇COT Data Analysis
Institutional Traders: 55% long, 45% short.
Retail Traders: 52% short, 48% long.
Large Banks: 57% long, 43% short.
Hedge Funds: 50% long, 50% short.
🎇Market Sentimental Analysis
Market Sentiment: 40% bullish, 60% bearish.
Trader Sentiment: 29% long, 71% short.
Option Skew: 25-delta put option skew at 10.5.
🎇Positioning Data Analysis
Bullish Trend: 45% likely.
Bearish Trend: 55% likely.
Neutral Trend: 10% likely.
🎇Technical Analysis
Moving Averages: 50-day MA indicating 45% bearish trend.
Relative Strength Index (RSI): 40, signaling 60% oversold conditions.
Bollinger Bands: Lower band breakout.
🎇Overall Outlook
The EUR/GBP pair is experiencing a bearish trend, with potential buying opportunities at 0.83700. However, some analysts predict a bullish continuation, targeting 0.85100. The pair's technical outlook points to a buildup of bearish momentum as markets turn cautious ahead of US President Donald Trump's trade policy and Federal Reserve Chairman Jerome Powell's testimony.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
DeGRAM | EURGBP back in the channelEURGBP is in a descending channel between the trend lines.
The price has already reached the upper boundary of the channel and the resistance level, which previously acted as a pullback point.
The chart retains a harmonic pattern.
We expect the decline in the channel to continue.
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EURGBP, First Long and after that Get Ready for ShortHello Traders, Hope you are doing great.
for upcoming weeks, we'll probably see continuation of upward momentum and after that we'll probably find an opportunity to Sell at one of these specified zones. so with a proper trigger we can open a long at first and after that a short position.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
DeGRAM | EURGBP will continue to declineEURGBP is above the descending channel between the trend lines.
The price continues to move from the dynamic resistance.
The chart retains the actual formed harmonic pattern, but shows weakness when approaching the channel.
We expect the continuation of the decline after the support retest and consolidation in the channel.
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DeGRAM | EURGBP structure is changingEURGBP is above the descending channel between the trend lines.
The chart has broken the descending structure, but indicators point to bearish divergence.
The price has reached the upper trend line and resistance level.
We expect a correction.
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DeGRAM | EURGBP pullback from the trend lineEURGBP is above the ascending channel between the trend lines.
The price is moving from the dynamic resistance and is now under the 78.6% retracement level.
The chart has formed a harmonic pattern.
We expect a pullback.
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DeGRAM | EURGBP seeks to exit the channelEURGBP is in a descending channel between the trend lines.
The chart is holding above the trend line and 38.2% retracement level.
The price has formed a bullish takeover while attempting a decline under the dynamic support.
We expect the price to rise after consolidation above the resistance level.
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DeGRAM | EURGBP rebound from 62% retracement levelEURGBP is in a descending channel above the descending wedge formed by the trend lines.
The price is moving from the lower trend line and the lower boundary of the channel.
The chart has already consolidated above the upper trend line and is now above the support level coinciding with the 62% retracement level.
We expect the rebound to continue.
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DeGRAM | EURGBP decline in the channelEURGBP is in a descending channel between the trend lines.
The chart maintains a downward structure.
We think that the price will continue to decline.
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DeGRAM | EURGBP preparation for correctionEURGBP is in a descending channel between the trend lines.
The chart maintains a downward structure, but RSI is already indicating oversold on the 4H Timeframe.
The price has already reached the support level, the lower channel boundary and the lower trendline.
We expect a correction from the support.
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DeGRAM | EURGBP decline in the channelEURGBP is in a descending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart maintains the descending structure.
We expect the price to continue its decline.
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DeGRAM | EURGBP retest of the support levelEURGBP is under a descending channel between the trend lines.
The chart has reached the support level and the lower trend line and then finished forming a harmonic pattern.
Now the price is holding above the support level and is near the lower boundary of the channel.
We expect a rebound after support retest and consolidation in the channel.
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DeGRAM | EURGBP reversal patternEURGBP is above the descending channel between the trend lines.
The chart has broken the descending structure, but also formed a reversal harmonic pattern.
The price has already reached the resistance level and the upper trend line.
We expect a correction.
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7 Dimension Sell Setup for EURGBP😇 7 Dimension Analysis
Top-Down View:
A daily internal swing breach indicates the possibility of a retracement to fill the Daily Fair Value Gap (FVG) area. Additionally, an H4 Change of Character (CHoCH) along with a major swing liquidity sweep suggests a move towards the H4 inducement area, which aligns with the H1 decisional order block and the Daily Bullish FVG, creating a robust buy Point of Interest (POI) for long-term entries. However, in this 15-minute analysis, we focus on the short-term bearish momentum for a counter-trend sell entry.
Analysis Time Frame: 15-Minute (15M)
Swing Structure:
Bullish with BOS (Break of Structure): The 15M structure is bullish with a valid BOS, which took an inducement to confirm a swing high.
Discount Zone: We’re waiting for the price to enter the discounted zone to mitigate the POI, which has been refined across multiple time frames. The target area is between 0.8340 and 0.8420, where liquidity is expected to be resting.
Pattern:
🟢 Chart Patterns:
Flag Pattern: An H1 flag pattern indicates strong sell-side momentum, reinforcing the idea of a retracement within this bullish structure.
🟢 Candle Patterns:
Momentum Candles: Strong momentum candles closing bearishly indicate solid selling pressure in the area of interest.
Volume:
A noticeable increase in volume on the last candle suggests significant interest from sellers, supporting a bearish bias in the short term.
Momentum (RSI):
🟢 Super Bearish Zone: Momentum is in the super bearish zone with a clear range shift, indicating that bearish pressure may continue in the immediate term.
Volatility (Bollinger Bands):
🟢 Contraction and Squeeze: Following a volatile move, price contraction has led to a tight squeeze on the bands. A clear “M” pattern has formed within this squeeze, and we now expect a continuation of bearish momentum with a “walking on the band” move on the downside.
Strength (ROC and DMI):
ROC and DMI Analysis: The Bearish DMI line is sharply increasing, indicating strong bearish momentum. The setup suggests an anticipated strong selling attempt as the market opens.
Rating: ⭐⭐⭐⭐
Probability: 75%
Overall, the analysis provides high confidence in a short-term pullback, with several technical indicators and patterns supporting a temporary bearish move.
Trade Setup:
Entry Details:
Entry Time Frame: 15-Minute
Entry TF Structure: Bullish (counter-trend)
Point of Interest (POI): Recent Order Flow
Trade Execution:
💡 Decision: Sell Limit
🚀 Entry: 0.8379
✋ Stop Loss: 0.8391
🎯 Take Profit: 0.8340
😊 Risk to Reward Ratio: 3.25 RR
🕛 Expected Duration: 1 Day
SUMMARY:
This short-term sell setup targets a counter-trend pullback within a larger bullish structure on the higher time frames. With multiple confluences including strong sell-side volume, bearish flag patterns, and clear RSI bearish momentum, this setup anticipates a retracement to the identified support zone. A Sell Limit order at 0.8379 seeks to capture the downside move towards 0.8340, offering a favorable 3.25 RR.
DeGRAM | EURGBP has reached a resistance levelEURGBP is between the trend lines above the ascending channel.
The price has already reached the trend line and resistance level, which have already acted as pullback points.
We expect a decline.
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DeGRAM | EURGBP channel correctionEURGBP is moving in an ascending channel between the trend lines.
The price has already reached the upper boundary of the channel and the dynamic resistance level.
The chart has fallen under the 50% retracement level.
We expect the correction to continue after the retest of the nearest resistance.
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EUR/GBP "The Chunnel" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/GBP "The Chunnel" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30M timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
DeGRAM | EURGBP came out of the descending channelEURGBP is moving between trend lines above the descending channel.
The price broke upwards the channel boundary, consolidated above the trend line and is now above the support level.
The chart keeps the descending structure.
We expect the growth to the dynamic resistance.
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EUR/GBP "European Cross" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/GBP "European Cross" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂