Eur-gbp
EURGBP can broke the support 🦐EURGBP on the 4h chart is moving over a daily chart .
The price after a first bounce has moved back to the support and according to Plancton's strategy if the market will break below we will 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.
EUR/GBP:DOWNTREND | STRONG BREAKOUT | PRICE IS FALLING..Welcome back Traders, Investors, and Community!
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EURGBP - 4H Short In Trend Bearish Engulfing SetupEURGBP has formed an in trend engulfing setup on the 4H time frame. The engulfing candle nearly engulfed 6 previous candles but didn't quite clear the previous candle high but the daily and weekly time frames supported this setup. Also, nearly all other EUR pairs are very bearish.
The daily candle closed below a previous strong bullish engulfing. The weekly time frame has been bearish for the past 6 weeks.
The 4am EUR retail sales high impact news event set up this trade.
The engulfing candle closed @8am (CST) on Wednesday.
Entry at 50% retracement level.
SL set above engulfing candle high. TP set at 3X risk.
EURGBP testing a weekly support 🦐EURGBP on the daily chart is moving over a daily chart.
The price after a first bounce has moved back to the support and according to Plancton's strategy if the market will break below we will set a nice short order.
–––––
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 H4 - Short SetupEURGBP H4
Spoke about this pair in the technical rundown earlier on this morning. Retest entry was initially marked around 0.85080, where as the 0.85 handle was ideally the trade price to monitor. 0.85 pinned to the pip before rejecting and selling off.
That being said, we have bottomed out here on EURGBP. Eyes peeled on 0.85 again, possible short entry if we see rejections.
EURGBP: SELLBased off of two standard deviations drawn from the Daily time frame as well as the H4 time frame we are seeing bearish opportunities in EURGBP currently. We have drawn a Fibonacci off of the high to low of the Daily time frame and we can see that Bears had a major opportunity starting where price was at 0.86478 on September 29 and taking profit right around 0.84767 on October 7. Once the market opens up this upcoming week, we can see that if price comes up to the 6.18 possible reversal level of that larger Fib drawn, then we can expect another bearish opportunity to enter the market and take profit sooner this month rather than later.
EURGBP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURGBP is sitting around a daily support zone so we will be looking for buy setups on lower timeframes.
on M30: EURGBP is forming a trendline but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , EURGBP would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURGBP short is valid 📉👍We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Previous trades can also be seen on chart and the last one was covered in an idea also.
The trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
I'll follow this trade now until TP is achieved, a new signal presents or stop loss is hit.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren.
EUR/GBP Analysis Welcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
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If it continues to reject current daily support, we expect it to rise back to previous resistance of 8590 zone.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
EURGBP looking up 🦐EURGBP on the daily chart is trading below a daily resistance.
The price after the bounce at the 0.618 Fibonacci level is now ready to break above.
According to Plancton's strategy if the market will break above we will set a nice long order.
–––––
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 Long possibility (DAYTRADE)Hello traders,
Currently looking at the pair EUR/GBP wich had a nice impulsive phase followed by a corrective phase and consolidation.
After the consolidation phase we had a fake breakout to the downside followed by correcting this fake-out.
Time to look for an entry on the charts whenever we get confirmation to go.
Have a good friday!