Possibility of uptrend As long as the price fluctuates above the green support range, it will be possible to continue the upward trend according to the specified path If the price crosses the support range, it will be possible to continue the corrective process up to the specified support levels by STPFOREX1
EURGBP: ITF CURVE ANALYSIS (1D) - DOWNTREND✨ EURGBP: ITF CURVE ANALYSIS (1D) ✨ (DOWNTREND) BLO2 @ 0.8390 - TRIGGERED BLO1 @ 0.8405 - TRIGGERED BSO @ 0.84864 ⏳ TP1 @ 0.86494 TP2 @ 0.89195 TP3 @ 0.90902 SLO1 @ 0.91376 ⏳ (DO NOT SET - ONLY SET PRICE ALERT) SLO2 @ 0.92314 ⏳ (DO NOT SET - ONLY SET PRICE ALERT) 🔑 BLO = BUY LIMIT ORDER BSO = BUY STOP ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT NOTE: Call me crazy, but after a bit of my personal analysis and checking the R:R (18:1) on this trade (which I labeled on the chart), many factors have made me willing to take the risk. Two of my orders have triggered and may play around these prices for a bit. You can watch again as I see how this plays out for me and we'll see what it returns. Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.Longby oktaneUpdated 4
There will be a strong rise after breaking the downtrendIf the downtrend breaks, it will be a strong rise and the trend will change to upwardLongby Saeed966224
Bearish drop?EUUR/GBP is reacting off the pivot and could potentially reverse to the pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 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 ICmarkets5
7 Dimension Sell Idea For EURGBPCore Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: H1/M5 1: Swing Structure: Bearish with proper BOS after taking inducement and marking valid low. The price completed its corrective swing move with 4 pullbacks and a proper internal bullish structure, mitigating the extreme POI OB and sweeping swing liquidity in the Premier zone. It also swept external swing liquidity, making this entry more interesting with the Whale scoop entry setup. Resistance: Supply area acts strong with a false breakout. Post-break buildup failed strongly, indicating that the price will go further down to form another low. 2: Pattern 🟢 CHART PATTERNS: Reversal: Rounding bearish patterns and consolidation rectangle bear side breakout. Shakeout reversal also at the same point. 🟢 CANDLE PATTERNS: Multiple long wick candles at the POI area, then breakout the range with a momentum strict engulfing pattern. 3: Volume 🟢 Shows very good volume at the resistance level, but this volume is unable to break the resistance, so we consider it an execution volume at the point. 4: Momentum RSI 🟢 Since the start of July, momentum has been in the bearish zone with multiple bearish range shifts and divergence, everything loudly indicating this is still in the bearish phase. 5: Volatility Bollinger Bands 🟢 Expansion has started just with momentum. Bearish headfake also indicates bearish volatility in this pair for now. 6: Strength: Showing weakness. 7: Sentiment: Everything is in bearish favor. ✔️ Entry Time Frame: M5 ✅ Entry TF Structure: Bearish ☑️ Trend line breakout: Yes 💡 Decision: Sell 🚀 Entry: 0.8424 ✋ Stop Loss: 0.8436 🎯 Take Profit: 0.8363 😊 Risk to Reward Ratio: 5RR 🕛 Expected Duration: 3 Days SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.Shortby Optimum369Updated 1
EURGBP 5:1 Potential trade LONGwww.tradingview.com EURGBP 5:1 Potential trade LONGLongby roman.gekhman1
EURGBP / LongBullish Divergence If the market will make a pullback to 0.5Fib, I'll take another entryLongby piscesred50
EURGBP BUYS#eurgbp Pair is in descending channel for the last two months. EURGBP fails to break the channel either on both sides. Price has hit three to four times channel top and bottom and good reversal can be seen on chart. Again this time price is very close to the bottom vertical support of channel where chances are higher bull active again and push the price towards the Vertical resistance of descending channel. Last time on touch three I was bullish but price remains very short period of time as bullish then drop towards the channel bottom. Price behaviour is very tricky before trade check proper price action.Longby mannyman10
SELL EUR/GBPHello guys, i am going short on EUR/GBP, because from the one hour timeframe, a clear lower low was formedShortby KODAK_E_BTC3
EURGBP H1 I Bearish reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.8412, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 0.8401, a pullback support level. The stop loss will be at 0.8426, an overlap resistance level, above 127.2% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM221
[EURGBP 1D] Overall Structure Ater a long time of bears dominating the market. bulls will be taking power over bears the price is predicted to go the upside. Descending channel gives us motive that bulls might be taking control.by tradeologist_King_Mck1
EURGBP swing short scenarioYou can see TP is still remain. I usually trade using market structure trading strategy. I hold on my short until TP hit.Shortby Masa42911
EURGBP Is Approaching A Decent ResistanceHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84300 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84300 support and resistance area. Trade safe, Joe.Shortby JoeChampion338
EURGBP short scenarioI already short from 0.8415. This pair has broken the key line. thxShortby Masa42912
EURGBP FOREX PAIR 2H TIME FRAME DATE 7/24/2024As discussed over the weekend, I maintain a bearish bias on EUR/GBP, driven by both fundamental and technical analyses that point towards a continuation of downward momentum. This sentiment is bolstered by the prevailing strength observed in the Pound. The established trading framework remains robust, with multiple confirmatory signals already validated. Entry models are converging with our expectations, prompting active pursuit of potential breakout opportunities. This setup is construed as a 'risk-off' play, offering compelling upside potential."Shortby spaceangel3
Correction It is expected that some correction and fluctuation will take place, and then we will witness the continuation of the correction process up to the support range and Fibonacci levels. Shortby STPFOREX2
EURGBPhi everyone here i share a bit of detail about EURGBP i've explain in the chart i think the price have change from bear to bull here just sharing this is not a signal be smart save your money do you own research thanksLongby dorissim334
SELL EUR/GBPI am going short on EUR/GBP because the bullish pull back is over, and i see a sign for the down trend continuation. with also liquidity sweep on the 30 minutes time frame.Shortby KODAK_E_BTC0
EURGBP Start taking profits now! If you are in this trade on the 1 hour demand zone then I would start taking profits and keep a close eye on this one! Here are the MAIN 2 reasons! 1. The 4-hour chart is in a downtrend on your TrendCloud (shown by the red candle and black cross) Momentum filter is also down with a bearish divergence signal. 2. The 1-hour chart is in a downtrend and CCI is still showing strength to the downside. There is NO WAY to tell how much of a reaction this demand zone will produce. So if you're in it then start taking profits. And if you're waiting for an entry then start looking for your supply zones on the 15-minute chart. by thechrisjuliano1
EURGBP FOREX PAIR 1H TIME FRAME DATE 7/23/2024'm focusing on a bearish continuation play on EUR/GBP. I hold a bearish stance as the Pound is demonstrating strength. The trading template remains valid, with many aspects already confirmed. Entry models are aligning with expectations, prompting us to explore potential breakout opportunities. Shortby spaceangel1
Bounces are shallowIntraday Update: Bounces in the EURGBP has been very shallow and held to the 38% retracement, which doesn't bode well for the bulls. While below the .8430 we'd expect another test of the trend lows sub .8400. Shortby ForexAnalytixPipczar0