EURGBP - Bearish continuation !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so as I mentioned in my previous analysis, price filled the imbalance and rejected from bearish order block + institutional big figure 0.85000.
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Eurgbptrend
EUR/GBP BUY at market (.8450)2 weeks ago the EUR/GBP opened with a market gap.
Those of you who read my previous posts on this subject will know that I believe gaps in the market are ALWAYS filled.
True, this can be weeks or even months but most commonly gaps are filled within 48 hours.
Last week downward pressure prevented the EUR gaining on the GBP and the gap remained.
I was moderately confident that the gap would be filled this week and I've had muliple LONG positions on EUR/GBP but every trade hit headwinds and were closed (at a profit).
This morning we saw the EUR decline with the weak German and French manufacturing and Services PMI but this was followed by weak GBP Flash Manufacturing and Servicing PMI and a look at the H1 chart will reveal that this has left this pair in a definitive northerly direction.
I've markeed the approximate path of the 200 EMA on the chart as, as can be seen, this was falling, then turned level and is now poised to head north.
At 14:45 (45 minutes) we have trhe USD Flash manufacturing and Services PMI.
I don't expect the release to have much impact on this pair.
I'm happy to be LONG on this pair in anticipation of the gap being closed sometime next week.
EURGBP
EUR/GBP is showing a bullish trend on the daily timeframe, as it follows a descending channel and has completed the Elliott Wave 12345 pattern. Currently, the price is in the ABC correction phase. A buying opportunity arises after a breakout above the descending trendline, targeting the key resistance level and the descending channel's resistance trendline.
EURGBP Bank Money heist Plan in Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist EURGBP Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 target in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: 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,
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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Eur Gbp long EUR/GBP Long Signal: Bullish Outlook
Analysis:
The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook:
Technical Indicators:
Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support zone provides a solid foundation for potential upward movement.
Eurozone Economic Recovery: The Eurozone is showing signs of economic recovery, supported by robust manufacturing and services sector data. This positive economic backdrop strengthens the Euro against the British Pound.
The European Central Bank (ECB) is maintaining a relatively more supportive monetary policy stance compared to the Bank of England (BoE), which is grappling with inflationary pressures. This divergence in policy outlooks is likely to favor the Euro over the Pound.
The EUR/GBP pair presents a compelling long opportunity, supported by strong technical indicators and favorable fundamental factors. Traders should stay vigilant and adjust their positions as needed, keeping an eye on key economic data releases and geopolitical developments that could impact market dynamics.
EURGBP: Targeting a 500+ Pips Move! Swing Buy EurgbpDear Traders,
EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take months for this pair to hit our target which is 500 pips away from the entry.
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Team SetupsFX_
EURGBP BULLISH PLAN TO MAKE MONEYMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of EURGBP BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
EURGBP Long Trade Setup A #long trade opportunity recently presented itself on the #europound (#EURGBP) #trading chart 📈.
This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.85253 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.86400 psychological level and possibly testing the strength of the 0.86473 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
EURGBP - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill that huge imbalance lower and then rejects from bullish order block.
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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.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
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EURGBPEURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the Elliott 5th wave. This indicates a potential continuation of the bullish trend in the near term.
EURGBP I Potential rising trend and 50% fib rejectionWelcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURGBP Trade Idea - VideoRegarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity.
On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
EURGBP - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block.
Fundamental news: On Thursday we have news with high impact on EUR, we will see results of Interest Rate.
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🐂(EUR GBP Bullish trand pullback forecast)Hello traders what do you think about EURGBP ) ?
(Technical analysis forecast)📊📈📉
EURGBP peris bullish trand pullback short last week erugbp peris big bullish 0.85447 short .084977) 📉 tast support pullback reset taste down resistance 0.85686) price big 🐂 bullish candle pullback short 0.85116) 📉📊
(Short analysis forecast)📈📉📊
Selling short entry EURGBP peris bullish candle 🕯️ I think taste resistance big bullish short 📈📉)
safe trade 🙏 pales like and comment's don't forget next analysis) 🫰🙏