EUR_GBP Risky long BUY EUR_GBP Fall down sharply and the pair will soon Hit horizontal support of 0 8295 from where qa local bullish correction will follow soon BUYLongby GoldMarketKiller4
EUR-GBP Risky Long! Buy! Hello,Traders! EUR-GBP fall down sharply And the pair will soon Hit a horizontal support Of 0.8295 from where a Local bullish correction Will follow soon Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals112
EUR/GBP Near 1-Year Low: Key Buy OpportunityHello, EUR/GBP is likely to test the 0.830114 level again, approaching the 1-year low of 0.82950. This could present a strong buying opportunity if timed effectively! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344 by TradeWithTheTrend33441
DeGRAM | EURGBP reversal patternEURGBP is above the descending channel between the trend lines. The chart has broken the descending structure, but also formed a reversal harmonic pattern. The price has already reached the resistance level and the upper trend line. We expect a correction. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 2210
Sell EUR/GBP Channel BreakoutThe EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.8340 2nd Support – 0.8305 Stop-Loss: To manage risk, place a stop-loss order above 0.8422. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you. Shortby KABHI_FOREX_TRADINGUpdated 6621
EURGBP pt 1Looks like a clean setup in my book, following my trading plan that is. I gave price some room to breathe with the stop loss making it under some of the previous lows. I'm looking for price to continue it's bullish movement. Longby themarketmafia115
EUR/GBP - Clear Bearish Momentum in Play --- ENTER NOWEUR/GBP has hit a clear daily trendline and was bullish in the short-term, however, it appears the bullish move is over and will continue its bearish descent. This is an easy 1:2 RR trade if you enter now. This is very likely to occur and will be risking a little more on this type of set up.Shortby Forex_Troll112
eurgbp can risehi traders eurgbp had rejection from strong support level and break a weekly resistance now im waiting for price to rise around 0.84170 if price will break this level the next target will be touchLongby zahrakhezerlou722
Stuck in the Triangle? EUR/GBP's About to Break FreeAlright, let’s break down this EUR/GBP setup! Looking at the daily, we see EUR/GBP recently had a strong bullish push, but now it’s hitting a bit of consolidation just above the daily support at 0.83950. That area has acted as a significant barrier before, so if price can stay above it, we might see another leg up. On the daily, the 21 EMA is below price, showing that buyers are still holding on, but it’s struggling to break out decisively above that 0.84242 level. Switching down to the 4-hour, we can see that price is coiling up in a tight range, forming a triangle pattern. This setup is perfect for a breakout trade – we just need to see which direction it wants to move. If it breaks above the trendline around 0.84000, we could look for a buy, targeting the next resistance at 0.84242, and possibly higher if momentum kicks in. But if it breaks down below the 0.83950 support, then we’re likely looking at a sell with a target toward 0.83573. So here’s the plan: wait for a solid breakout from this triangle pattern on the 4-hour. Look for an entry around the breakout area, keeping your SL just below the structure on either side. Remember, let the market show you the move; patience pays, especially with consolidation setups like this.by SheenaL1
EURGBP LONG FOR 50PIPS1. Current Trend Analysis If the pair is in an uptrend or showing signs of bullish momentum, a long position is more favorable. Look for support levels near the entry point, such as recent lows or Fibonacci retracement levels, to provide a better base for a long position. 2. Entry and Exit Points Entry: A good entry would be around a key support level where the pair has shown repeated rebounds, with a clear signal (such as a bullish candlestick pattern) indicating a reversal. Take Profit: For a 50-pip target, select a level near a recent high or a resistance level that aligns with the uptrend, like a previous swing high. Stop Loss: Place a stop loss below the support level or recent low (at least 20–30 pips below) to protect against a reversal.Longby LORDOFTHETRADERSUpdated 1
EUR/GBP Short H4 " The Pound gaining pounds ?"Sell Limit @ 084534 S/L @ 0.84825 T/P1 @ 0.83700 (Tight Stop) T/P2 @ 0.83060 R.R.R. @ 1/5 Seeing Impulse Bearish in construction of Minor Wave 3 has Minute Wave iv finish retracement on his way to Minute Wave v has first profit target. Sit tight ! Good Trading 👍 Shortby MyMainBox369Updated 220
EURGBP LONGEURGBP... it is time to go higher? Increased probability that the price will go higher.Longby ticks4FX0
EURGBP to attract buyers at market price?EURGBP - 24h expiry Yesterday's Marabuzo is located at 0.8412. The primary trend remains bearish. Preferred trade is to sell into rallies. Trading has been mixed and volatile. We look for a temporary move higher. We look to Sell at 0.8412 (stop at 0.8434) Our profit targets will be 0.8357 and 0.8347 Resistance: 0.8397 / 0.8420 / 0.8448 Support: 0.8369 / 0.8353 / 0.8340 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed. Shortby OANDA5
EURGBP: Price Action Trading 🇪🇺🇬🇧 EURGBP can pull back from a key daily structure support. A cup & handle pattern formation and a breakout of its neckline on a 4H increase the probabilities that the price will go up. Goal - 0.843 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader336
Check the trend According to the behavior of the price in the current support range, possible scenarios have been identified. As long as the price is above the support range, the continuation of the upward trend is likelyby STPFOREX0
Could the price reverse from here?EUR/GBP is rising towards the resistance level which is a pullback resistance that is slightly below the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8404 Why we like it: There is a pullback resistance level that is slightly below the 50% Fibonacci retracement. Stop loss: 0.8448 Why we like it: There is a pullback resistance level. Take profit: 0.8347 Why we like it: there is a pullback support that is slightly below the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! 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.Shortby VantageMarkets4
7 Dimension Sell Setup for EURGBP😇 7 Dimension Analysis Top-Down View: A daily internal swing breach indicates the possibility of a retracement to fill the Daily Fair Value Gap (FVG) area. Additionally, an H4 Change of Character (CHoCH) along with a major swing liquidity sweep suggests a move towards the H4 inducement area, which aligns with the H1 decisional order block and the Daily Bullish FVG, creating a robust buy Point of Interest (POI) for long-term entries. However, in this 15-minute analysis, we focus on the short-term bearish momentum for a counter-trend sell entry. Analysis Time Frame: 15-Minute (15M) Swing Structure: Bullish with BOS (Break of Structure): The 15M structure is bullish with a valid BOS, which took an inducement to confirm a swing high. Discount Zone: We’re waiting for the price to enter the discounted zone to mitigate the POI, which has been refined across multiple time frames. The target area is between 0.8340 and 0.8420, where liquidity is expected to be resting. Pattern: 🟢 Chart Patterns: Flag Pattern: An H1 flag pattern indicates strong sell-side momentum, reinforcing the idea of a retracement within this bullish structure. 🟢 Candle Patterns: Momentum Candles: Strong momentum candles closing bearishly indicate solid selling pressure in the area of interest. Volume: A noticeable increase in volume on the last candle suggests significant interest from sellers, supporting a bearish bias in the short term. Momentum (RSI): 🟢 Super Bearish Zone: Momentum is in the super bearish zone with a clear range shift, indicating that bearish pressure may continue in the immediate term. Volatility (Bollinger Bands): 🟢 Contraction and Squeeze: Following a volatile move, price contraction has led to a tight squeeze on the bands. A clear “M” pattern has formed within this squeeze, and we now expect a continuation of bearish momentum with a “walking on the band” move on the downside. Strength (ROC and DMI): ROC and DMI Analysis: The Bearish DMI line is sharply increasing, indicating strong bearish momentum. The setup suggests an anticipated strong selling attempt as the market opens. Rating: ⭐⭐⭐⭐ Probability: 75% Overall, the analysis provides high confidence in a short-term pullback, with several technical indicators and patterns supporting a temporary bearish move. Trade Setup: Entry Details: Entry Time Frame: 15-Minute Entry TF Structure: Bullish (counter-trend) Point of Interest (POI): Recent Order Flow Trade Execution: 💡 Decision: Sell Limit 🚀 Entry: 0.8379 ✋ Stop Loss: 0.8391 🎯 Take Profit: 0.8340 😊 Risk to Reward Ratio: 3.25 RR 🕛 Expected Duration: 1 Day SUMMARY: This short-term sell setup targets a counter-trend pullback within a larger bullish structure on the higher time frames. With multiple confluences including strong sell-side volume, bearish flag patterns, and clear RSI bearish momentum, this setup anticipates a retracement to the identified support zone. A Sell Limit order at 0.8379 seeks to capture the downside move towards 0.8340, offering a favorable 3.25 RR.Shortby Optimum369Updated 1
EUR/GBP: PAT + VPA 11/2/2024Good morning, I will be closely observing the EUR/GBP currency pair on a daily basis, as I expect a bullish pullback or reversal to materialize in the forthcoming weeks. - 1W / Weekly Analysis: The market has recently dipped to a low of 0.839, with current support established at 0.832. The price has tested the 0.832 level multiple times without breaching it, suggesting a diminished appetite for selling at this juncture. Additionally, the presence of significant wicks accompanied by relatively smaller bodies may indicate a potential selling climax. - 1D / Daily Analysis: The daily time frame reveals the formation of a double bottom pattern at the weekly support level of 0.0832. Presently, the price is retesting the recent swing high of 0.84, which represents the latest peak. The price has demonstrated its capacity to remain above the 0.84 threshold, and I anticipate a continued upward movement towards 0.846 in the upcoming weeks. OANDA:EURGBP XETR:DAX TVC:BXY ThePipAssassinLongby ThePipAssassinUpdated 116
EURGBPWe looking for selling opportunities as the market has changed a type of trend to bearish momentum resulting sells to the downside|30 M TIMEFRAMEShortby officialpotego_fx0
EURGBP buying oportunityits buying time, i see prices rallying and creating higher highs on this with possible weakness from GBP that could allow the rally.Longby therealpinchez1
EURBGP TREND TRADE -BUY OPPORTUNITYPrice has bounced from weekly support and respecting trend line structure Anticipating price to continue upward to 161.8 fib extension level. Longby RichFish4041
EURGBP .. SHORTOANDA:EURGBP After the price reaches the specified level, Enter the SHORT Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of using this signal are at your own risk.Shortby ForexCSPUpdated 3
Sentiment Play Before Major Events (Past)Fundamentals & Sentiment EUR: - Recent economic data has been bullish, driving the euro up GBP: - Raised taxes - bearish in the short-term for the pound - Recent bearish economic data Technical & Other Expectations - after such a runup, the technical area is good for taking profits, especially before NFP on the same day and the US Elections next week. Setup: S(B) Setup timeframe: 1h Trigger: 1h Medium-term: Up Long-term: Down Min target: 50% of the upward move Stop loss: 0.26% Position size: 0.66 of the normal Risk Unit Shortby Cherry94Updated 0