EURGBP Bullish (1H Div, Double Bottom)EURGBP showing bullish momentum based on 1H divergence and double bottom reversal pattern. Entry is taken at CMP with SL at the previous LL and TP at 1:1 and 1:2. What do you think, will it work?
EURGBP trade ideas
EURGBP is BullishA matured bullish divergence seems to be playing out, as price prints a higher high. Currently, according to Dow theory a higher low would be printed before bulls move the price to new highs. Targets are mentioned on the chart.
Counter trend EURGBPA quick bullish scalp in as much as the trend is bearish we have a reversal pattern an internal bullish sentiment and the trade can allow us a few percentages , Bullish daily candle has already confirmed for us that we can have a a quick 1:1 or 1:3
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.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
EURGBP Trading Signal: BuyAttention traders! Based on the latest analysis from our EASY Quantum Ai strategy, we have identified a promising trading opportunity for the EURGBP currency pair.
Direction: Buy
Enter Price: 0.84592
Take Profit: 0.84713333
Stop Loss: 0.84396333
Why this recommendation?
1. Economic Indicators: Recent economic data from the Eurozone has shown signs of improvement, with key indicators such as GDP growth and manufacturing output beating expectations. This suggests stronger economic fundamentals supporting the Euro.
2. Technical Analysis: The EURGBP pair has been showing a strong bullish trend with significant support levels being maintained. The current price action indicates a potential continuation of this upward movement, which aligns with our strategy.
3. Market Sentiment: Sentiment analysis reveals a positive outlook for the Euro against the Pound, partly driven by uncertainties around UK’s economic policies post-Brexit, making the Euro a more attractive option for investors.
Stay vigilant and monitor the market to ensure your trading strategy aligns with the latest market movements.
Happy Trading!
EURGBP LONGEURGBP LONG, chart has made 1h, 4h,divergence with a strong bounce from the weekly horizontal trendline, so now its time to long the eurgbp as the sentiments also 96% long .
EURGBP Buy signalPrice has made a consolidation phase, and then try to break the support to make a continuation, but failed. It means that the market will potentially go to the opposite direction.
Now, price has break the resistance, and has done a retest.
Potential buy position at 1:2 RR.
Enjoy it..
EURGBP15-Minute Chart with Autobot Trading Signal Chart Overview: The chart displays the price movement of the Euro against the British Pound (EUR/GBP) on a 15-minute timeframe.
• Indicators Used:
• Autobot Trading Signal Generator: This indicator is highlighted at the top left of the chart.
• Pro Signal by Autobot: Another indicator is highlighted next to the first one, also at the top left of the chart.
• Price Movements: The candlesticks represent the price changes in the EUR/GBP pair over each 15-minute interval. Green candles indicate price increases, while red candles indicate price decreases.
• Trading Signals:
• Buy Signals: Green labels marked “Buy” appear at various points where the indicators suggest buying opportunities.
• Sell Signals: Red labels marked “Sell” indicate selling opportunities as suggested by the indicators.
• Trend Line: A blue line represents the moving average, indicating the overall trend direction over the selected period.
• Text Highlight: A message in the middle of the chart states, “These 2 Indicators combine is MONEY,” suggesting that the combination of the two indicators is highly profitable.
EurGbp could drop hard and test 0.8From a fundamental standpoint, given the political problems in the EU, the GBP is expected to outperform the Euro, regardless of what happens with the major pairs (EUR/USD and GBP/USD).
This, combined with the technical outlook, could create a promising selling opportunity for EUR/GBP.
As shown in the chart, the pair broke a major support level this week. Considering the descending triangle pattern that has contained EUR/GBP since late January, we could see an acceleration to the downside, potentially leading to a 400-pip drop to test the 0.80 psychological support.
My strategy is to sell on rallies.
change the trend The downtrend is expected to oscillate in the current support range and then a reversal is formed.
Then the upward trend will be possible up to the indicated resistance levels
EURGBP-BUY strategy Daily chartThe pair is oversold, and we should expect pull back from here. Stochastic is low, and RSI shows clearly oversold status.
Strategy BUY @ 0.8425-0.8430 and take profit @ 0.8685 initially. SL maybe below 0.8375.
EUR/GBP - Epic Comeback!! That liquidity zone is so heavy !!
A long the time accumulate all the liquidity..
Remember this pair is the most powerful, because there are two strength currencies ..
If you understand long term, you have a money gun..
Obviously with the perfect strategy !!
if you liked it, FOLLOW ME
EUR/GBP breaks down amid EU political uneaseSentiment in Europe remained pessimistic for the second consecutive day. Concerns about the continent's political future were underscored by the EUR/GBP reaching its lowest level since August 2022, alongside a sharp decline in French bonds and stocks. The yield on the benchmark 10-year French bonds increased by another 10 basis points as bond prices fell for the fourth straight day.
EUR/GBP breaks down
Given the breakdown in the EUR/GBP below key support around the pivotal 0.85 area, I will be monitoring for a potential ret-test of this area from underneath in the days ahead, before the trend potentially resumes.
Specifically, the area between 0.8480 to 0.8500 is now the most important resistance zone to watch for a potential trade.
Why are traders so concerned about EU’s political situation?
Investors are hesitant to buy into the latest dip due to the uncertainty surrounding the potential coalition government that could be led by President Macron and far-right Prime Minister Jordan Bardella. Additionally, the European Commission is expected to place France in an Excessive Deficit Procedure next week, raising concerns about France's fiscal sustainability and adherence to EU fiscal rules, adding further risk to the markets.
While European politics and their economic impact evolve gradually, the European elections suggest a future focus on border security and industrial policies, potentially shifting EU cooperation towards more domestic agendas. So far, sovereign debt tensions have been mostly confined to France, but today, we've seen minor turmoil spreading to a few southern European countries.
A rightward shift across Europe could heighten market uncertainty, making Europe less predictable and attractive to investors. It is crucial for European and national leaders to address these concerns promptly.
Written by Fawad Razaqzada, market analyst at FOREX.com
Follow me on twitter: x.com
eurgbp bullish leg upprice is at a liquor point and could see a bullish leg up,
1st target 0.85
2bd 0.8686
3rd 0.88
EURGBPBroke structure on the daily, therefore currently traiding the daily pull back
Structure invalidation to the upside on H1
AOI on H1 OB,entry after SIP confirmation on LT
TP: targeting H1 previous High
Remember:
-Every moment is unique
-Anything can happen
-There is a random distribution between wins and losses in an given set of variables that define an edge
-You don't need to know what's gonna happen next in the market in order to make money
-An edge is nothing but an indication of higher probability of one thing happening over the other.
-
EUR.GBPFrom July 10, 2023, the price of 0.8500 was under the pressure of the sellers, and finally, after hitting the support area of 0.8500 several times, after 11 months, this support surrendered to the sellers. We will expect more short from the closing of daily candle below this area, and on the other hand, due to fundamentals, if the price rises above 0.8500, we can look for a suitable place to buy in the lower time forms, and if such an opportunity arises, we will update again.
