#EURGBP, 100 pips or moreA significant downward trend, but the support line can still be ignored at 0.85, with low chances of such support not responding to increases.
The RSI supports our buying strategy.
Target: 0.8670
Eurgbpsignal
EUR/GBP BUY LONGEURGBP
BUY LIMIT
Entry 1 .85350
Entry 2 .85180
Entry 3 .84940
Sl .84749
TP.1 .85680
Tp.2 .86600
Tp.3 .87200
Tp.4 .88000
EUR/GBP LONG TERM SWINGENTRY 1 .85580
ENTRY 2 .85280
ENTRY 3 .84980
SL .84889
TP.1 .86280
TP.2 .87280
TP.3 .88380
TP.4 .89480
TP.5 .90580
EUR/GBP LONG TERM SWINGARE BUYING ZONE FOR LONG TERM SWING
ENTRY 1 .85580
ENTRY 2 .85280
ENTRY 3 .84980
SL .84731
TP.1 .86280
TP.2 .87280
TP.3 .88380
TP.4 .89480
TP.5 .90580
#EURGBP, Are we nearing the end of the current wave of declines?A Stochastic indicator on line 7 signals the end of the declines.
The RSI is also very low on line 40, almost at the level it had in April when the eurgbp rose from 0.85-0.94.
The support line at 0.8520, 100 pips lower than the current price.
Buy in the support line area with a target of 0.8720 or buy now with the same target price (slightly higher risk)
EUR/GBP 4hr view after Day candle openedBUY EUR/GBP
ENTRY 1 .86250
ENTRY 2 .85980
Sl .85700
Tp.1 .86500
Tp.2 .86800
Tp.3 .87150
previous set up call
EUR/GBP long opportunityeur/gbp buy on candle open
entry 1 .86250
entry 2 .85980
sl .85650
tp.1 .86500
tp.2 .86800
tp.3 .87100
Analysis before the next move of #EURGBPAfter the powerful Double Top, we analyzed and which led to the strong declines, its good time to analyze again.
The decline in a daily graph (Weekly and monthly still uptrend).
You can see that the price stopped exactly on the moving average line which serves as strong support.
The Stochastic with the lines at the cross, at the lowest possible level with an upward direction.
Buy signal with a target to 0.8940
EURGBP SELL RALLYEURGBP SELL RALLY
D1 FRAME LONG Tp1 Tp2 Tp3
ZONE TO ZONE TRADE Last 2 green lines tp 2 tp 3 (if can breakout)
Eurgbp Sell Now with trendline break+insidebarEurgbp Sell Now with trendline break+insidebar proper sl tp entry point in chart instant order
#EURGBP, Time to change direction!So far we have been long on this coin, it's time to change direction.
We are a few dozen pips from a powerful double top pattern in the daily graph that will surely lead some declines.
The Stochastic is also in Overbought with cross lines.
The pound against the dollar is on serious support which could accelerate increase very soon.
Target: 0.9050
When a bull flag breaks to the downside, you know what's coming.It's a short. EU rallied and failed badly at huge resistance. it's highlighted by the blue line at the top. it didn't even touch and failed just below it. I've managed to enter at 0.91652, but one can still enter short positions at 0.9130-0.9135 range. downside will be huge.
#EURGBP, The trend continues with a very weak poundThe eurgbp above the important moving average lines (200,100,50).
The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend.
The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284
Target: 0.9284.
Just be patient EURGBPEURGBP having clear signs of potential bears although price is still following this rising channel, so he best thing we can do is simply wait out this pattern until a clear breakout is spotted, otherwise if we try to trade for price to leave this channel without it actually doing so, then price will continue to follow this channel and keep stopping out a lot of traders.
#EURGBP Analysis+SignalSell signal:
The stochastic indicator at the highest level (warning of an optional trend change).
The eurgbp is close to the resistance at 0.9040 (sell close to re
Target: 0.8780
EURGBP Sellers are watchingWe have 3 big resistance lines incoming,
-0.9 psychological level.
-important trendline on daily
-and as last the upper channel trendline
All 3 I showed by the arrows,
the worst scenario I sketched.
We also took out some shorts from breakout of previous high of the upper channel(see orange arrow)
Let's see, bulls are slightly stopping to buy above the 0.78 fibo level also.
EURGBP - SHORT - Ending Diagonal | Bearish Divergence | HarmonicEURGBP | Sell Orders | 500 pips Trade | June 2019
Market: FX Crosses | EURGBP
*Check the related ideas on this pair!
EURGBP has been labeled at the termination point of a larger degree corrective structure.
The next swing as the best interpretation would present itself as an abrupt and sustained bearish impulse.
Regardless if the Ending Diagonal would allow one more small leg upwards or not, the Reversal would most likely occur due to the present Bearish Divergence.
P.S. Hit the LIKE button so I can give you more.
Short-range signal #EURGBPA double top pattern that will cause declines
Stochastic range 80, high range indicating a possible market correction.
A market price correction signal at the market price, rather than a trend signal
Target 0.8920
EURGBP SHORTReposted! as this idea was hidden by one of the tradingview moderators due to violation of tradingview guidelines (using all 'Capitals' in description) by us which we deeply regret
Analysis team sold EURGBP at 0.89050 with the long term target 0.87200
