EURGBPNOTE: The major bearish structure has nt been broken yet on ths pair. This is why we might be getting a running flat to the downside. Beware of the news today and goodluck!
Eurgbptrade
EURGBP Analysis: Going to make a LL?HTF shows there is strong bullish OB reaction so far. But price made a LH. Maybe it breaks the prev high after rejection from the current D Bullish OB.
Note: The previous BOS to the downside hit the bullish OB, and we expected a RTI. That's where the LH was made. So the likelihood of a LL to follow makes sense.
The dynamics of price flow and market sentiment at play!
We'll see.
EurGbp- New leg up?After the recent low at 0.8450 zone, EurGbp has had a first leg up, reaching my 0.86 target.
A correction followed and this seems to be over and the pair found a strong floor at 0.85
A second leg up could be underway and the pair can reach 0.8650 resistance
Buy dips is my strategy
EURGBP-Long#EURGBP
The analysis is done in the H4 Timeframe. The MArket is moving in a descending triangle. And pull back strongly from strong weekly support.
At the same spot, we have a double bottom that is good price action for buy.
EURGBP: SIGNAL TRADINGHere is my idea for this setup.
stop loss: -25 pips if you are fancy put stop loss about 30-35 pips
GOOD LUCK
EURGBP heading higher in 3rd wave. Buy 13.5.2021Looks like price is ready for a swift rise in the coming weeks.
EURGBP top-down analysisHi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
EURGBP top-down analysisHi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
EURGBP; Trade it!,The path of the Pound vs. the Euro is fairly clear from this point on. While the pandemic roll-out advantage of the GBP is currently wearing off, it's only a matter of time before a decisive-break down in this pair - advantage GBP. (the next Euro-crisis?)
The Weekly;
The Monthly;
EURGBP - Continue to the 618Respecting the trendline and daily ema orange
price going to fall to reach the 0.618 (possible double bottom)
EURGBP Long SetupEURGBP has reacted nicely from a major support zone. We look for price action to enter here and aim for the key resistance level at the top.
EURGBP, Break out Strong Support, ShortEURGBP, Strong Support becomes Strong Resistance! Watch out Friends!
EURGBP Long SetupWe've got a break to the upside on an inside bar / spinning top on the 8H chart. Whilst it still offers good R:R, we wait for a potential pullback before entering to lower risk.
EURGBPEURGBP went up as we predicted 2 weeks ago (see tradingview November 22) and now we expect a rejection to the Fib 0.5 area then it will go up again.
EURGBP SHORT PLANEURGBP DAILY CHART
If you found my analysis useful, you can support it with your likes and comments.
EURGBP - Trade Idea Add this on to your watchlist.
Are we going to see the trendline hold. I am more biased to setup A as we have higher amounts of rejection from the Fib zone, we are not testing to break the lows from the sideways move.
I would like to see the pair shift direction to the downside as the GBP grows in strength.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful .
If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
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EUR/GBP Technical Analysis
The counter is currently in an ascending channel pattern.
It fell off recently from the high to lower parallel, where it found support.
Now, it is marching up with momentum indicators like MACD and stochastic on the verge rendering a bullish crossover.
Hence, we expect the pair to be bullish in the near-term.
