Eurgbpsignal
EURGBP - sell zone Price broke down key daily level 0.88 + D1 close under that key level
That's a signal for continue of Down move.
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EURGBP bullish Monthly timeframe Hello everyone, eurgbp is targeting 1.0 incomming months, Monthly timeframe looks very bullish to me
EURGBP, Strong support becomes Strong Resistance, ShortEURGBP, Breakout Strong Support and already retested.. Price Action tells further below!
EURGBP Long SetupEURGBP has reacted nicely from a major support zone. We look for price action to enter here and aim for the key resistance level at the top.
EURGBP, Break out Strong Support, ShortEURGBP, Strong Support becomes Strong Resistance! Watch out Friends!
EURGBP Long SetupWe've got a break to the upside on an inside bar / spinning top on the 8H chart. Whilst it still offers good R:R, we wait for a potential pullback before entering to lower risk.
EURGBP BUYSTOPeurgbp is consolidating and its in a correction move wait for the 3rd touch in small support area and take a buy order , as expected it will break impulsively and will give good profits ( I anlysed it for hours and its expected to move up according to my analysis ) MULTIPLE TIMEFRAME ANALYSIS
DROP A COMMENT IF YOU WANT TO LEARN THIS STRATEGY
FALCON STRATEGY
EURGBP BUYA downtrend is likely to reverse now as it is having multiple touches in downtrend and now it touched the weekly trend line and a strong bullish candle is formed in 1H time frame , put a buy limit few pips above the small 1H structure amd then be patient 🙌
EURGBP | Perspective for the new weekMy last publication (see link below for reference purposes) on this pair enjoyed 135pips run in our direction before the rally.
Now - Since late December 2020, the EUR/GBP has been rangebound between roughly the GBP0.91150 - 0.89500 level and emphatically respecting a channel. Despite most quarters supporting the appreciation of the Euro considering the unfolding of the pandemic after which Covid-19 concerns in the UK led the country into a stricter lockdown last week... I am looking the opposite with a possible risk of further decline as price breaks down key level @ GBP0.90200.
Tendency: Downtrend ( Bearish )
Structure: Breakdown | Supply & Demand
Observation: i. The inability of price to break above GBP0.91000 level since Dec 2020 insinuates that buyers might have lost the momentum as we witness a Breakdown of GBP0.90200 last week.
ii. Since Breakdown of Key level, a rejection of this level will be my lead in the coming week.
iii. A further Breakdown of Demand zone @ GBP0.89000 with significant candle shall increase my confidence in holding the sell position.
Trading plan: SELL confirmation with a minimum potential profit of 200 pips.
Risk/Reward : 1:3
Potential Duration: 2 to 7 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURGBP Short Very simple strategy.
Retesting the resistance very clearly as seen above.
As we can see al the other levels are being tested almost perfect, and although I use the 200 EMA most of the time for 4h and swing trades, look at it''s position right now on the 1H
My SL: 0.90410 ( slightly above the wicks )
1st TP: around 0.89900
2nd TP: around 0.84300
Trade safe!
EUR/GBP: Three Peaks PatternHere, showing an uptrend of EUR/GBP. It's in the making process of three peaks pattern. Two peaks are completed, and the third one is remaining. If the trend breaks the support line, then the stop loss will be 0.8986 . But if it does not break the support line the targets for the third peak are 0.9100 - 0.9136 .
EURGBP BUYEURGBP 4H timeframe analysis, i'm expecting the market to continue to move to the upside after it comes down for a retracement.
EUR/GBP Buy Above 0.9020, Next Target 0.9250 EUR/GBP Buy Stop @ 0.9020
SL: 0.8850
TP1: 0.9140
TP2: 0.9250
EurGbp- will it finally reverse?Since mid-September top at 0.93, EurGbp's evolution has been very frustrating, with one day up, one day down, 2-3 days down, then reverse strongly, etc
The pair managed to drop almost 500 pips in this manner, but trading it was more of a gamble...
Now I think Eur finally reached an important bottom, support that acted as resistance/support all 2020.
The pair broke above the descending trend-line now and, if we look at the weekly chart, we can clearly see a bullish engulfing candle formation.
I'm bullish on this pair and I will look for opportunities to buy for a 0.9150 target
EurGbp: Bullish setupWill it crawl down a bit first before the bulls take over, or it will go now. I expect a low any moment from now.
EUR/GBP Challenging May's Strong Support. Wait For The Break OutAs long as EUR/GBP Holds Strong support since May, we shouldn't sell before breaking below the 0.8850 price zone. Breaking below 0.8850 Next Target 0.8700.
Since August EUR/GBP Falling From Descending Channel. Only Breaking Above 0.9020 will lead to buying. next target 1: 0.9140 and Target 2: 0.9240
4H Forex Trend Following Strategy With 200 MAThe downtrend of EUR/GBP shows that EUR/GBP will probably touch a major trendline, and it will touch the targets 0.9000 - 0.9060 . By following the Moving average, I suggest traders buy at a price after the above crossing of Price the MA 200 and sell at a price below the 200MA.
But because of an election, there is a possibility of fluctuations. Therefore maybe the trend falls from the major resistance trendline and touches the support trendline by crossing the levels 0.8960 - 0.8920 .
