EUR/GBP "The Chunnel" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/GBP "The Chunnel" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30M timeframe
Attention for Scalpers : 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, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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.
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Eurgbptrade
EURGBP / LONG TRADE IDEA✅💡Hello Traders!
I'm looking for a long trade on EURGBP. I see that FVG is partially closed, I expect it to be fully closed and after that, I will look for a long entry in case of confirmation.
Also, it could be a good opportunity to look for long trades in a smaller timeframe.
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EURGBP BUY | Day Trading AnalysisHello Traders, here is the full analysis.
I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP
I still did my best and this is the most likely count for me at the moment.
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EURGBP → Strong support at 0.8600On Tuesday's session, the FX:EURGBP was observed at 0.8605, experiencing slight gains of 0.15%. Following two days of declines and encountering robust support at the 0.8600 level, bears took a break. Despite this, the daily chart still presents a neutral to bearish outlook, and this bearish tilt remains apparent in the four-hour chart as well.
The indicators on the daily chart reflect a prevailing selling momentum. The Relative Strength Index (RSI) displays a positive incline yet remains within the negative territory, implying that while the selling pressure is somewhat easing, there is no pronounced shift in favor of buyers just yet. Concurrently, the Moving Average Convergence Divergence (MACD) with its rising red bars further highlights the current bear dominance. Moreover, the pair's position beneath the key levels of 20, 100, and 200-day Simple Moving Averages (SMAs) reinforces the widespread bearish control.
Zooming into the four-hour chart, the bearish sentiment is echoed. The tilt remains downhill as the negative slope of the four-hour RSI proclaims that sellers dominate the short-term momentum as well. However, the rising green bars in the four-hour MACD indicates a growing bullish undercurrent and a possible bearish exhaustion. It may imply that bears are taking a breather, and a temporary reversal might be on the cards if buyers manage to build an effective momentum. However, the overall outlook remains dominated by the sellers in the short run.
Daily Wave Rider - EURGBP - BUYEURGBP
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 0.87376
Stop Loss: 0.86904
TP01: 0.87848
TP02: 0.88792
DWR present as a buy setup on 27 OCT, with Channel and Pivot are green bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
Daily Wave Rider - EURGBP - BUYEURGBP
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: EngB
BUY Stop: 0.87299
Stop Loss: 0.86946
TP01: 0.87652
TP02: 0.88358
DWR present as a buy setup on 26 OCT, with Channel and Pivot are green bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
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.
EURGBP 29June2023This pair looks like a reversal, with prices rising through the trendline and CHoCH occurring, it could be that now it is entering a correction period. if you measure the current wave c, it is the same as the length of wave a. there could be a correction a-b-c-d-e with the target D1 resistance area which is also in the fibo extension area of 1,618.
EURGBP: Bearish Momentum Building, Potential Selling OpportunityThe EURGBP currency pair is showing signs of a bearish momentum shift, indicating a potential selling opportunity for traders. Currently trading at 0.8663, the pair has been facing resistance near the 0.8702 level, suggesting a possible downward movement.
Several technical indicators support this bearish outlook. The pair's recent price action has formed a series of lower highs, indicating a weakening upward trend. Additionally, the 50-day moving average has crossed below the 200-day moving average, signaling a potential shift in market sentiment towards the downside.
Traders may consider entering a short position if the price breaks below the immediate support level at 0.8663. A potential profit target could be set near the next support level at 0.8600, with a stop-loss ord er placed slightly above the recent resistance at 0.8702 to manage risk.
It is important to conduct thorough analysis and closely monitor market conditions before executing any trades. This idea should be considered as a suggestion and not as financial advice.
EURGBP Next Possible MovePair : EURGBP ( Euro / British Pound )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement at Fibonacci Level - 38.20%
Break of Structure
Completed " AB- wxyx " Corrective Wave and Making its " C - z " Wave
Bullish Channel in Short Term also acting as an Correction and Rejection from the Upper Trend Line
Breakout the Daily S / R Level Completing the Correction After Impulse
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 RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can go up slightly until the 0.9070 LEVEL. And after that EURGBP can be SELL to 0.8758 LEVEL. The given STRUCTURES should be BREAKED for that...
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 EUR to have a POSITIVE SENTIMENT is that 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 RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. According to that, EURGBP can go up slightly up to the level of 0.8973. And after that EURGBP can be SELL to 0.8647 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention BOE intervention. The reason for positive sentiment in EUR is USD SELL. But a good UP SIDE BIAS is coming for GBP 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.
- EURGBP can definitely go up to the RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can go up slightly until the 0.8671 LEVEL. And after that EURGBP can be SELL to 0.8450 LEVEL. The given STRUCTURES should be BREAKED for that.. eurgbp
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8721 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL. eurgbeurgbp
EURGBP ANALYSIS
Plan A : Long
As overall trend seems to be
bullish so we have to wait
until it properly breaks above 0.83651.
S.L : 0.83048
T.P 1 : 0.83938
T.P 2 : 0.84395
T.P 1 : 0.84911
------------------------------------
Plan B : Short
Bullish Trend line is broken at 4H.
Also seasonality goes is favor
of bears 11/15 times. If double top
is created at 0.83651 then
go for short trade.
S.L : 0.83745
T.P 1 : 0.83165
T.P 2 : 0.82695
P.S : All the details are attached below.
EURGBP Analysis and Trade IdeaPrice HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS.
Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.