Eur-gbp
🔔EURGBP Will it be ready for downtrend ? It seems that with the trend line broken, we should see the Euro down in the coming hours. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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EURGBP Long Idea EURGBP has been in an uptrend since late November, just about reaching the 0.86 level. Since the retest of 0.86 the price has fallen by 1%, however, it appears to have just formed support around the 0.85 area. The RSI indicator suggests that the price may rise from here as the levels are extremely oversold, (2). The target of this trade is at the recent near high of 0.86. The stop loss area for this trade is located just below the resistance level of 0.848, at 0.8474.
EUR/GBP Scalp and Intraday Long OpportunityWelcome back! Here's an analysis of this pair!
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EUR/GBP will short soon :)Hi Guys ,
First of all , I hope to see your feedback and if you agree with me or not !?
EUR\GBP breakout the upper trend , also reached the major resistance 0.85298 and shown some reaction there , so what i am will do is put my eyes on the major resistance if price will go down i will Sell and first target will be 0.84795 (Fib 38.2%)
note : There is uncomplete pattern (triple tops ) Indictor to reversal trend >>
EURGBP tested the 0.618 🦐EURGBP on the 4hchart tested last friday the 0.618 fibonacci level.
According to Plancton's strategy if the market will break below the 4h support and satisfy the ACADEMY conditions we can set a nice short order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP potential for dip! 29th Nov 2021Prices have reached a Pivot and are on a bearish momentum. We see potential for continuous dip from our sell entry at 0.84744 which is an area of Fibonacci confluences and also graphical overlap towards our Take Profit at 0.84214 in line with 61.8% and 78.6% Fibonacci retracement . Alternatively, our stop loss will be placed at 0.85094 in line with 61.8% and 50% Fibonacci retracement . Ichimoku Clouds are showing bearish momentum and stochastics are at a level where dips previously happened.
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EURGBP potential for dip! 29th Nov 2021Prices have reached a Pivot and are on a bearish momentum. We see potential for continuous dip from our sell entry at 0.84744 which is an area of Fibonacci confluences and also graphical overlap towards our Take Profit at 0.84214 in line with 61.8% and 78.6% Fibonacci retracement. Alternatively, our stop loss will be placed at 0.85094 in line with 61.8% and 50% Fibonacci retracement. Ichimoku Clouds are showing bearish momentum and stochastics are at a level where dips previously happened.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EUR GBP long Entry EURGBP has been consolidating in a range since the 17th of November after finding support at the 0.38 levels. Since support has been established at this level the price has risen twice whenever price has come down towards this area. The price has fallen from the top of the range and has started to stabilize around the 0.839 regions. The RSI levels on the 1hr chart have started to pick up as well and are currently oversold at the 26 levels. The target for this trade is at the top of the range-bound, roughly at the 0.844 area. The stop-loss for this trade is just below the bottom of the range at 0.832.