DeGRAM | EURGBP rebound from dynamic supportEURGBP is moving in a descending channel between the trend lines.
The price has reached the lower trend line, which has already acted as a pivot point.
The chart is above the support level.
We expect the rebound to continue after the support is retested.
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Eurgbpsignal
DeGRAM | EURGBP an ascending structure in the channelEURGBP is moving in an ascending channel between the trend lines.
The price has reached a level that has already become a reversal point twice.
We expect a rebound after a retest of the lower boundary of the channel.
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DeGRAM | EURGBP trend line breakoutEURGBP is moving in a descending channel above the trend lines.
The chart broke the trend line and resistance level and reached the 38.2% retracement level.
We expect the rebound to continue after consolidation above the resistance.
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7 Dimension Sell Idea For EURGBPCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1/M5
1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It also swept external swing liquidity, making this entry more interesting with the Whale scoop entry setup.
Resistance: Supply area acts strong with a false breakout. Post-break buildup failed strongly, indicating that the price will go further down to form another low.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Rounding bearish patterns and consolidation rectangle bear side breakout. Shakeout reversal also at the same point.
🟢 CANDLE PATTERNS:
Multiple long wick candles at the POI area, then breakout the range with a momentum strict engulfing pattern.
3: Volume
🟢 Shows very good volume at the resistance level, but this volume is unable to break the resistance, so we consider it an execution volume at the point.
4: Momentum RSI
🟢 Since the start of July, momentum has been in the bearish zone with multiple bearish range shifts and divergence, everything loudly indicating this is still in the bearish phase.
5: Volatility Bollinger Bands
🟢 Expansion has started just with momentum. Bearish headfake also indicates bearish volatility in this pair for now.
6: Strength: Showing weakness.
7: Sentiment: Everything is in bearish favor.
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Bearish
☑️ Trend line breakout: Yes
💡 Decision: Sell
🚀 Entry: 0.8424
✋ Stop Loss: 0.8436
🎯 Take Profit: 0.8363
😊 Risk to Reward Ratio: 5RR
🕛 Expected Duration: 3 Days
SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.
EURGBP Bank Money Heist Plan In Bearish SideMy Dear Robbers / Traders,
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DeGRAM | EURGBP growth in the channelEURGBP is moving in a descending channel between the trend lines.
The chart touched the lower boundary of the channel and then bounced off the support.
We expect the growth to continue in the channel after overcoming the current resistance.
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DeGRAM | EURGBP rebound from supportEURGBP is moving in a descending channel between the trend lines.
The price is moving above the lower boundary of the channel and dynamic support.
The chart is above the support level, which has already acted as a rebound point.
We expect a rebound after the support is retested.
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DeGRAM | EURGBP is looking to close the gapEURGBP is moving under an ascending channel between the trend lines.
The price has touched the dynamic support and is now testing the support level, which has already acted as a pivot point.
The chart has formed a pattern AB=CD.
We expect the price to rise after the support retest.
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DeGRAM | EURGBP bounce from the channel boundaryEURGBP is moving in an ascending channel between the trend lines.
The price is testing the lower boundary of the channel.
We expect a rebound after the channel retest.
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EURGBP, Time for LONG ?Hello traders, hope you doing great.
for upcoming week, I think we'll probably see an upward trend to the specified level.
so with a proper trigger, we can open a long position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
if this post was helpful to you, please like and share with your friends.
Thanks.
DeGRAM | EURGBP decline in the channelEURGBP is moving in a descending channel between the trend lines.
The chart is under the 50% retracement level of the bearish momentum.
We expect a pullback after retesting the resistance level and reaching the upper boundary of the channel.
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EUR/GBP Technical Analysis## EUR/GBP Technical Analysis
Timeframe: 15-Minute Chart
### Chart Overview:
The EUR/GBP pair on the 15-minute timeframe exhibits detailed recent price action, incorporating several technical elements that suggest potential future movements.
### Key Elements:
1. Downtrend Channel:
- The chart initially indicates a downtrend channel, with the price respecting the upper trendline as resistance and the lower trendline as support.
- This channel suggests a bearish trend with lower highs and lower lows up to a certain point.
2. Breaking Out of the Channel:
- Recently, the price appears to have broken out of the downtrend channel to the upside, indicating a potential reversal or at least a short-term bullish correction.
- The breakout is accompanied by a consolidation phase just above the previous upper trendline.
3. Support and Resistance Levels:
- Resistance Levels: Immediate resistance levels are noted at 0.84603, 0.85181, and above these, at the previous high around 0.8535.
- Support Levels: Key support levels include 0.84571, 0.84578, 0.84206, and further below at 0.84042 and 0.8400. These levels have provided significant support in the past and could act as potential bounce points if the price declines.
### Conclusion:
The EUR/GBP pair is currently in a critical phase, having recently broken out of a downtrend channel. The price action around key support and resistance levels will be crucial in determining the next move. Volume analysis supports the recent bullish breakout, suggesting potential for further upside if key resistance levels are breached. Always manage your risk with appropriate stop losses and position sizing.
EURGBP Bank Money heist Plan in Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist EURGBP Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 target in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: 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,
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 💰💵 Join your hands with US. Loot Everything in this market everyday.
DeGRAM | EURGBP rebound from supportEURGBP is moving in a descending channel between the trend lines.
The price has reached the support level, which was the reversal point last time.
We think that after the support is retested, the price will continue to grow within the channel.
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EURGBP Bearish ContinuationAfter breaking down out of the head & shoulders pattern we broke below support acting as a stronger resistance area around 0.86259 - 0.86131. Also, price has consolidated and expanded just enough respecting a bearish trend line, creating a bearish flag & another Bearish Order block. I believe this OB is valid due to the imbalance plus a breaker block aligned within the imbalance. Once price reaches my POI I'd switch to the 15 minute time frame and look for a liquidity sweep and brake of structure during kill zone hours ( London Session ) & enter from the 15 minute order block. When all confirmations are put together and used during the correct time it's more comfortable and the probability is higher. Let me know what you guys think! Good luck to everyone trading!
Eur Gbp long EUR/GBP Long Signal: Bullish Outlook
Analysis:
The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook:
Technical Indicators:
Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support zone provides a solid foundation for potential upward movement.
Eurozone Economic Recovery: The Eurozone is showing signs of economic recovery, supported by robust manufacturing and services sector data. This positive economic backdrop strengthens the Euro against the British Pound.
The European Central Bank (ECB) is maintaining a relatively more supportive monetary policy stance compared to the Bank of England (BoE), which is grappling with inflationary pressures. This divergence in policy outlooks is likely to favor the Euro over the Pound.
The EUR/GBP pair presents a compelling long opportunity, supported by strong technical indicators and favorable fundamental factors. Traders should stay vigilant and adjust their positions as needed, keeping an eye on key economic data releases and geopolitical developments that could impact market dynamics.