EUR/GBP - Sell SetupHi all,
Very simple and clean P.A
Im looking to sell from this supply which is within a HTF Supply zone and we are targeting the 50% level on the swing range and also aiming for Sell side Liquidity before the Demand zone, lots of IMB to fill so may be opening more positions when price starts moving our way
Good luck to the traders that might follow
EURGBP.P trade ideas
EURGBP INTRADAY higher, German debt reforms and ECB rate policyBullish Scenario:
The EURGBP pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 0.8400, which acts as a critical resistance zone. If the price rallies above 0.8400, the uptrend could resume, targeting 0.8420, with further resistance levels at 0.8430 and 0.8450 over the longer timeframe.
Bearish Scenario:
A confirmed break below 0.8360, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 0.8328, followed by 0.8310 and 0.8300, signaling a deeper corrective pullback.
Conclusion:
The overall intraday trend remains bullish, with 0.8400 as the key pivot level. Holding above this support reinforces the upside potential, while a confirmed breakdown below it could shift momentum toward a deeper retracement. Traders should monitor price action around this critical level for confirmation of the next move.
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The Day Ahead 06 March ‘25Thursday March 6
Data: US January trade balance, wholesale trade sales, initial jobless claims, UK February construction PMI, Germany February construction PMI, Eurozone January retail sales, Canada January international merchandise trade, Sweden February CPI
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This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
I'm selling EURGBPI was expecting a little bullish momentum but the bulk of the move caught me off guard. I think an opportunity for us to ride it down has come.
I want to wait for 4hrs candle close for extra confirmation but I dont think I will be on the charts then...
I really think it is now ready to complete the down move.
Now, this will also mean that it will be safer to buy GBPUSD to EURUSD as it will be swifter and also to sell EUR to GBP as it will fall more.
If you dont know how to hold trades, learn it now as it will help you catch the bulk of the move.
Follow me as most of my trades are market orders and not limit orders, so you will see them on time and enter on time.
EURGBP: Bearish Chart Pattern?! 🇪🇺🇬🇧
EURGBP broke a support line of a symmetrical triangle pattern
after a test of key daily resistance.
I think that the pair may retrace at least to 0.836
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Imminent Crash on EURGBP???EURGBP Bearish Technical Analysis
February 27, 2025
Severe Bearish Movement Analysis
Technical Breakdown
Sharp bearish movement
Significant support levels broken
lack of buying pressure
Bearish engulfing pattern on daily chart
Key Technical Factors
Multiple support levels violated
Moving averages crossed downward
Major trend line support broken
Momentum indicators, deeply oversold
Trade Implications
Potential for further downside
Relief rallies likely to be short-lived
Previous support now resistance
Risk management crucial
Key Levels to Watch
Immediate Support: Prior historical lows
Resistance: Recently broken support levels
Psychological round numbers
EURGBP at major support zone: Bullish Rebound ExpectedOANDA:EURGBP is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.83350 level, a logical target based on past price behavior and structural confluence.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURGBP at Key Demand Zone - Rebound Toward 0.83000?OANDA:EURGBP has reached a critical demand zone, marked by previous price reactions and strong buying pressure. Historically, this area has acted as a significant support level, leading to bullish reversals.
If buyers step in and confirm a rejection, we could see a move toward the 0.83000 level, which represents a logical target within the current market structure. However, a break below this demand zone would invalidate the bullish outlook and open the door for further downside.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
EURGBP at Key Resistance – Will Sellers Step In?OANDA:EURGBP is currently trading at a key resistance zone, where sellers may regain control. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish bounce if price action confirms a rejection.
If the price confirms rejection from this zone, a move lower toward 0.83300 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls.
Do you agree with this analysis? Let me know your thoughts in the comments!
Extend Take Profit for EURGBPFor the guys hwo took this trade with me, i think we might be able to go all the way to trendline with this one so i'm extending the TP to the 0.84315 level. You should move your stop loss to take atleast have of the profits by now so that if this doesn't fully play out you still have profits secured
EURGBP: Bearish Continuation & Short Signal
EURGBP
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURGBP
Entry Level - 0.8346
Sl - 0.8364
Tp - 0.8306
Our Risk - 1%
Start protection of your profits from lower levels
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EUR/GBP Stop Hunt Before Reversal? #ForexTrading #SmartMoney Analysis:
The market executed a Stop Hunt on EUR/GBP before a sharp reversal. The sell order at 0.83287 was triggered, but price aggressively moved up, hitting the Stop Loss before dropping towards the Take Profit zone.
This movement aligns with liquidity grabs and Smart Money Concepts (SMC), where the market hunts retail traders' stops before the real move. Was this a classic Fakeout before a drop?
📉 Key Observations:
✅ Liquidity Hunt: Price took out stop orders above resistance.
✅ Stop Loss Triggered: Market structure shift before TP hit.
✅ Potential Reversal Zone: Watch for confirmation signs.
🔔 What’s Next?
Will the price retest the order block before another drop?
Smart Money might have engineered liquidity for a deeper push down.
💬 What do you think? Fakeout or true bullish breakout? Share your thoughts below! 👇
#PriceAction #LiquidityGrab #OrderBlock #StopHunt #FXTrader #TradingView
DeGRAM | EURGBP retest of the support levelEURGBP is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel as well as the support level, which coincides with the 88.6% retracement level.
The chart is forming an ascending structure.
On the 1H Timeframe, the indicators indicate a bullish convergence formation.
We expect growth in the channel after consolidation above the support.
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EURGPB Wave Analysis – 4 March 2025
- EURGPB reversed from support area
- Likely to rise to resistance level 0.8300
EURGPB currency pair recently reversed from the support area set between the multi-month support level 0.8235 (which created the Double Bottom in December) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Doji which signalled the strength of this support area.
Given the strength of the support level 0.8235 and the strongly bullish euro sentiment seen today, EURGPB can be expected to rise to the next resistance level 0.8300 (top of the previous correction ii).