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Eurgbpsignal

EURGBP ____ BULLISH MOVE ANALYSISHello traders, We can see that price has formed relatively equal lows and highs which is famously known as sell-side and buy-side liquidity. What price is likely to do is hunt both liquidity pools because there would be buy/sell orders, stop-losses etc. The market is more often than not going to go after the buy/sell side liquidity, thereby stopping so many traders out. Whenever you want to take a trade, and you see this kind of setting, it is best you wait for the sweeping of these liquidity pools before looking for a trade setup that way, you will not be stopped out only for price to go your way. Follow for more analysis like this. Cheers, David
Long
by jabariofafrica
3
EURGBP ____ INCOMING BULLISH EXPANSIONHello Traders, EURGBP is in an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect price manipulation in the blue box which is my area of interest to look for a long setup. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's price movement and to price into the weekly FVG. Let me know what you think in the comments. Follow me if you are struggling with technical analysis. Cheers, David
Long
by jabariofafrica
EURGBP ____ INCOMING BULLISH RALLYHello Traders, EURGBP has entered into an exciting zone, which is a weekly FVG (yellow box) and has reacted. I expected the price to retrace into the blue box which is my area of interest to look for a long setup. This happened on Friday and my long setup didn't come. However, I was expecting price to go deeper today to take out induced early buyers. Hopefully, my preferred long setup appears tomorrow. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's price movement and to price into the weekly FVG. Let me know what you think in the comments. Cheers, David
Long
by jabariofafrica
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8762 LEVEL. And after that EURGBP can SELL to 0.8600 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP ____ INCOMING LONG TRADE Hello Traders, I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating. EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before the price takes off but I'd be on the lookout. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that has been swept with this week's price movement and to price into the weekly FVG. Let me know what you think in the comments. Some of the pairs I would be monitoring for next week are: AUDCAD, AUDCHF, GBPCHF, GBPCAD et al Let me know if you are also monitoring EURGBP. Cheers, David
Long
by jabariofafrica
2
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly BUY until the 0.8819 LEVEL. And after that EURGBP can SELL to 0.8700 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall
EURGBP - Re-entry on sell for a RRR of 4.75:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:EURGBP been moving quite tricky within our preferred structure. Seeing a great opportunity for re-entry and continue towards our plan. Risking 2% for 9.5% (I open two 1% risk positions where each is RRR 4.75), I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win! Regards, Enzo
Short
by IamEnzo
1
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention. The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week. - EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly SELL until the 0.8700 LEVEL. And after that EURGBP can be BUY to the 0.8958 LEVEL. The given STRUCTURES should be BREAKED for that...
by benny_marshall