EURGBP Analysis D1Here is my analysis for EURGBP on D1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurgbpsignal
EurGbp could rise above 0.88In the past 3 months, EurGbp has traded in a range between 0.85 zone and 0.8650
Last week, however, the pair managed to break above resistance an after a long time of consolidation we could expect continuation.
In this case, the next important level of resistance is above 0.88
The bullish scenario is valid as long as the pair stays above old resistance, now support
EURGBP Long Term Selling Trading IdeaHello Traders
In This Chart EURGBP HOURLY Forex Forecast 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
EUR/GBP Primed for Movement Amidst Key Economic IndicatorsThe sentiment from central banks, coupled with softer UK inflation data, suggests a bullish move for EUR/GBP. The technical analysis aligns with this perspective, indicating a potential move towards the 0.8700 handle, especially with the currency pair managing to stay above the 0.8650 level.
TRADE IDEA DETAILS
CURRENCY PAIR: EUR/GBP
CURRENT TREND: Bullish
TRADE SIGNAL: Buy
👉ENTRY PRICE: 0.8655
✅TAKE PROFIT: 0.8700
❌STOP LOSS: 0.8630
TRADE PLAN:
Enter a buy position around the current level of 0.8655. Given the potential upside, a take profit can be set near the technical resistance of 0.8700. To protect the downside, considering the inherent market volatility and any unexpected shifts in sentiment or data, a stop loss at 0.8630 is prudent.
FINAL THOUGHTS:
This trading idea is predicated on both fundamental factors (central bank sentiments and economic data) and technical indicators. Traders should monitor the position closely, especially around the time of the BoE's rate decision and subsequent economic releases, as these could serve as catalysts for significant price movement.
DeGRAM | EURGBP at major resistanceEURGBP is approaching a major resistance level and dynamic resistance.
Price made a two-legged move in the ascending channel. Price is essentially in consolidation on the 4-hourly chart.
The market printed a bearish harmonic pattern on the daily chart, which adds more confluence to the level.
We anticipate a sell off and bearish move.
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DeGRAM | EURGBP broke reaction zone in descending channel EURGBP is trading in the descending channel. The market is in a bearish trend.
Price rebounded from the resistance, broke, and closed below the significant level where price dropped.
We expect the price to retest the support levels and further move down from the resistance.
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EURGBP : Short Trade , 1hHello traders, we want to check the EURGBP chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.85250. Good luck.
EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | EURGBP continuation opportunityEURGBP pulled back to resistance and 50% fibo levels following a massive sell-off.
Price move is in the descending channel; bear's dominance The market printed a AB=CD pattern.
We anticipate a bearish move since the trend is bearish. It's a simple pullback trade.
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EURGBP : Long Trade , 4hHello traders, we want to check the EURGBP chart. The price has reached the specified support level. We expect this level to stop the downward trend of the price. We expect the price to grow to around 0.85600. Good luck.
EUR GBP SHORT Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
DeGRAM | EURGBP price deceleration EURGBP is approaching a major resistance level and dynamic resistance. The market dropped from this level twice.
Price broke out of the descending channel and started decelerating while approaching the resistance.
The market printed a bearish harmonic pattern, which adds more confluence to the level.
We anticipate a sell off and bearish move since price action in the consolidation phase.
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EURGBP Analysis H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | EURGBP buying opportunityEURGBP is making higher lows and higher highs.
The market broke and closed above the psychological level of 0.86000 that became support.
Price printed engulfing candle at confluence level is an indication of the bulls dominance.
We anticipate a pullback to support and continue the trend.
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EURGBP : Long Trade , 1hHello traders, we want to check the EURGBP chart. The price has broken a range zone to the top and hit the ceiling of the pullback range channel. We expect this level to play the role of a support level and maintain the upward trend of the price. We expect the price to grow around 0.86300. Good luck.
EURGBP Buy IdeaStructure CHoCH on H2 Occurred. Market Induced Early Buyer to Build Internal Structure Liquidity. Lets Expect Price to Come to Tap Our POI Zone.
Wait for MSS (Market Structure Shift) on M5/M15
Then Enter!
EURGBPI am expecting a continuous rise for EURGBP has it has tested support already, there is a breakdown trendline and a pullback is made already. So till Monday to see it play out l.
EURGBP Analysis 23July2023After last week this pair shows a strong bullish, next week there is a possibility of a bearish correction with a target in the SR Flip area where the area is parallel to the Fibo Retracement notation 0.382. the possibility of a strong price will go to the area before continuing the bullish trend again
EURGBP - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum.
Higher highs.
No opposite signs.
H1 - Bullish trend pattern.
Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Lingrid | EURGBP Brekaout of the DOWNWARD channelThe market reached main support and it formed a range. Price could not update its lows. Instead it created a strong divergence at support level . As you can see it made impulse move down then rejected the support and made impulse move up. I expect the price goes to resistance and beakout of the channel. I think price may go to resistance level which is 50% of the bearish move. My goal is resistance at 0.85830
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURGBP ____ POTENTIAL BEARISH TRADEHello Traders,
I just want to bring this trade outlook to your notice. Price recently swept the buy-side liquidity and created sell-side liquidity.
With the current bullish rally, the price is approaching a daily FVG. If the FVG will hold and the price shows a CHOCH in the 1-hour timeframe, I would take a short trade to hunt the sell-side liquidity as drawn in my chart.
Follow for more updates like this.
Cheers,
Jabari
EURGBP Analysis 9July2023if the price does not fall more than the SnD and can break the bearish trendline, then the trend collapse is confirmed and the pair is heading to a bullish trend. if you see a bullish candle and rejectioan in the form of a doji when the price touches the SnD, this is one indicator of a reversal.
DeGRAM | EURGBP trend continuation EURGBP is making higher lows and higher highs. The market broke and closed above the resistance that became support.
The market is pulling back to support and the fibo level, which is the confluence level.
We anticipate a pullback and continuation of the trend.
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