EURGBP BUY @0.8410On the daily chart, EURGBP has fallen back in the short term and the current price is about to enter the previous demand area. Pay attention to the position near 0.8410, which is the buying position of point D of the potential bullish bat pattern.Longby XTrendSpeed2
Bearish momentum to extend?EUR/GBP is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is a pullback support. Pivot: 0.8476 1st Support: 0.8437 1st Resistance: 0.8507 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets119
EURGBPSHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP Confluence liquidity below sentiment order block SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP Confluence liquidity below sentiment order block SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBP SHORT EURGBP SELL EURGBPShortby AMADOU771
EURGBP Short Opportunity Descending Channel: The price is moving within a descending channel, indicating a bearish trend. The current price action suggests a continuation of this trend. Moving Averages: The 200-period Simple Moving Average (SMA) is above the current price, providing resistance and confirming the bearish outlook. The 50-period SMA is also above the price, acting as additional resistance. Trade Justification: The descending channel indicates a bearish trend, and the presence of resistance from moving averages further supports the case for a short position. The proximity of the current price to key resistance levels increases the likelihood of a rejection and a move lower.Shortby Metow1sw113
EURGBP Trading Opportunity! BUY! My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8464 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8509 Recommended Stop Loss - 0.8434 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignals113
EURGBP is going to repeat its bearish pattern for the 3rd timethe pattern is that whenever the pair makes a new LL it creates a temporary support zone there moves upwards near the fib zone and then comes downward rectangles have been drawn on the chart for more understanding. this time it is also making new LL with temporary support w8 for the price to come at any fib level which has also been drawn and place sell order Shortby faisal-1010
Buy EUR/GBPTrade Idea: Buy EUR/GBP Entry: 0.84731 1st take Profit: 0.85300 2nd Take Profit: 0.86126 Rationale: Technical Analysis: EUR/GBP has shown strong Support near the 0.84300 level, with recent price action indicating potential for an upword move. Resistance Break: A breakout above recent Support suggests Bearish momentum could carry the pair towards the 0.83500 level. Risk Management: Place a stop-loss according to your risk tolerance and trading strategy, ensuring potential losses are controlled. Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The analysis provided is for informational purposes only and should not be considered as investment advice.Longby GODOCM115
Eurgbp Bearish Reversal The Bulls are pulling out and in are stepping the bears ready to scoop the underlying liquidity @0.85153 as the aggressive traders will try and drive the market down to around @0.84600 but since am just a moderate trader I will be eyeing my 1st tp @ 0.85153 I can see potential unmitigated orders which the big banks will also be targeting as the fuel the currency back up again but as of this week they will be more focused on mitigating those orders so am with the Bears on this one.Shortby queUpdated 5
EURGBP : a mid-term trading setup (Price in Sell zone)Trading Setup: There is a Trading Signal to Sell in EURGBP Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.8579 ⭕️SL@ 0.8627 🔵TP1@ 0.8471 🔵TP2@ 0.8406 🔵TP3@ 0.8326 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .Shortby pullbacksignalUpdated 11
B/C Correction for E/G Before Descent To .8400?!Here I have EUR/GBP on the 4Hr Chart! Ever since EUR/GBP made its transition into a Downtrend from the High @ .86248 to Lower High @ .85928, Price has been strong on the decline eventually giving Break to the .8510 - .8500 Area. This Correction Wave, based on the Fib Trend Ext Tool, has eyes on the Range Target of .84409 - 8405! Before the Final Extension can happen, I suspect Price will need to make a Retracement to the Fib Entry Zone @ .84976 - .85133! *Golden Zone @ .85032 - .85087 After which I will be looking to take Sell Opportunities to finish the Wave! Indicators: -Price Trading Below DSR -Price Trading Below 200 EMA -DSR + EMA leading to "Death Cross" -RSI Below 50 -BBTrend Printing Red BarsShortby Novi_Fibonacci5
Correction It is expected that the current downtrend will end in the current support range and we will see the beginning of the uptrend. If the green support zone is broken, the continuation of the downward trend is likely Shortby STPFOREX0
Potential bullish rise?EUR/GBP is currently reacting off the support level which is a pullback support that lines up with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8458 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.8406 Why we like it: There is a pullback support level. Take profit: 0.8508 Why we like it: There is a pullback support level which aligns with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets8
EURGBP POTENTIAL LONG OPPORTUNITYAlright what is happening everyone! Hope you are all doing great! Just wanted to come on here and post a potential opportunity I see on the EURGBP currency pair. So let’s dive in! OK so for me what fueled this trading idea was the large market move it had made a couple weeks ago shooting prices from the 0.84000 zone to the 0.86000 zone showing a significant interest from the buyers in this market. And if the bigger players want to buy, then I want to buy. BUT I want a discount…make sense right? Isn’t everyone when looking to buy something wanting to wait for a discount before doing so? SAME THING IN THE MARKETS! OK had to do that short little rant lol. But truly this move left a historical level of previous demand (buyer zone) that I am truly interested in for the near future moving forward. So let’s watch price as it comes down into that zone of demand and see if the buyers are still interested in this currency pair. OK hope you all get some value out of this and please boost this post and follow my page for more accurate analysis and trade ideas! Cheers! Longby JosePips3
EURGBP - Confluent ShortThis idea is for a short on the EURGBP pair from a high probability zone. This area of confluence is the merger of 3 factors. 1. Structure - the .8500 level has acted as both support and resistance since June 24. 2. Trendline - can be observed from August 8th, acting as angular resistance for the downtrend form the recent Supply Zone. 3. Moving Averages - a. 20/50 - with the 20 below the 50 = bearish bias. b. 200 EMA Channel - with price crossing below , we have a bearish bias. 4. Psychological level - the large round number. Look for candlestick formation , showing a rejection of price from .8500 early next week. The Target is the Demand Zone below. by Umlingo4
EURGBPEURGBP is strongly bearish, I would like to see a little correction at where price is presently before continuing downwardsShortby iamghifted1
EURGBP - Confluence of Bat Pattern, Divergence and Vol SpikeEURGBP has printed strong divergence on MACD and also seem to be completing harmonic bat pattern . We had a volume spike in this support area as well. All this seem to suggest we are in for correction up till next resistance zone.Longby marazzaq621
EURGBP "Chunnel" Bullish Robbery Plan on Long SideMy 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 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, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis 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. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 4
EG swing long entry with multiple confirmationBeautiful trade we have here. Completed 2 leg down with a break with each leg. We also see a huge loss of momentum where the 2nd leg is much less steeper than the first. The first impulse wave 1 and 2 has been completed which we can see a hh on wave 1. For me this is a confirmed long entry and its good for a huge swing. i will be entering on market open. Goodluck guys trade safe.Longby Chathifriends3310
EURGBP - Potential long trade !! Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here I see a potential long trade as price formed a hidden divergence on daily and almost filled the imbalance, as well on H1 we have regular divergence, so after BOS and break of LZ I will open a long. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD202030
EURGBP will take this Support from Neck of W pattern ?I am expecting the EURGBP will reverse its direction from this Support that is Neck of W Pattern ! let u see ! Trade with stop loss! Have a profitable trade. Longby CHMVIZUpdated 223
EUR/GBP BULLS WILL DOMINATE THE MARKET|LONG Hello, Friends! EUR/GBP is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 0.850. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals223
EURGBP#EURGBP Now:23h23 23.8.2024 GMT+7, Hanoi, Vietnam Chart:H1 Contact me by clicking on the link pinned on my profile Note: I never texted you first. #giapduclong #crypto #forex #index #stock #trader #signalLongby GDLongVN117
EURGBP Elliott Wavehello friends In the EURGBP currency pair, we see the formation of a pattern that is very similar to the 5-wave impulse waves. Its waves 1 to 3 have been completed and currently its 4th wave is being completed, which is a zigzag, and its C wave is being completed. Usually wave C has a ratio of 100 or 161.8 fib with wave A. Therefore, we expect the price to decrease to the 161.8 Fibo ratio, which also meets a support. The range of 0.8490 and 0.8440 is considered suitable for entering the trade buy. But the price should not enter wave 1, if this happens, our theory is invalid. Therefore, I personally prefer to enter the trade at 161.8 Fibo. To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Longby M_GheysvandiUpdated 3