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Eur-gbp

EURGBP on a fakking wedge 🦐EURGBP after the consolidation over the 0.85500 level is currently testing a minor resistance area. According to Plancton's strategy if the price will break above we can 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. Leave a comment that is helpful or encouraging. Let's master the markets together
Long
by InkyGrip
4
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement . Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension . Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
Short
by FXCM
18
EURGBP facing bearish pressure | 19 Mar 2021EURGBP is facing bearish pressure from 1st resistance which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push towards 1st support which coincides with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices break through 1st resistance, prices might push up towards 2nd resistance which coincides with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also above prices, showing a further bearish pressure for prices.
Short
by FXCM
18
EURGBP facing bearish pressure, potential for further downside!EURGBP is facing bearish pressure from 1st resistance and descending trend line resistance which is in line with 127.2% Fibonacci retracement. Prices might push towards 1st support which coincides with horizontal swing low support which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement. If prices break through the 1st resistance, it might push up towards 2nd resistance which coincides with horizontal swing high resistance and 50% Fibonacci retracement. EMA is also above prices, suggesting a bearish pressure for prices.
Short
by TradeGATEHub
2
EURGBP looking for direction 🦐EURGBP currently is moving between a tight range within 2 structures. According to Plancton's strategy if the market will break below we can 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.
Short
by InkyGrip
8
Swing Trade idea on EUR/GBPGood morning traders, today we bring you a swing trade opportunity in the EUR/GBP pair, as we consider that it has great downside potential. 🔸As we can see, the price has been in a marked downtrend for several months, and at the moment we do not see any clear sign of reversal. 🔸Otherwise, a large support zone was recently broken to the downside. 🔸Since then, the price has remained in a consolidative process. 🔸What we are waiting to consider a bearish trade in this pair is a new retest of the broken support zone (now resistance zone). 🔸If that happens, we will wait for some price action confirmation, such as a clear reversal pattern on the daily chart, to look for a trade in that direction. 🔸The target zone is the next support zone at 0.83000. There is a distance of approximately 350 pips from the resistance zone.
Short
by ThinkingAntsOk
12
EURGBP looking for a retracement 🦐EURGBP on the daily chart is moving inside a descending channel The price if now testing a minor dynamic trendline below a resistance area and according to Plancton' strategy if the market will break above and the conditions will be satisfied we will set a 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.
Long
by InkyGrip
2
GBPUSD Going On The RunGBPUSD Has been a difficult pair to trade. In the recent days it has offered some good opportunities but it has also accumulated and that could be the signal to rebalance the market. Pound has been a pair for day trade only i mean it gives up a good 50-100pips in a day's move so why hold longer when it moves so unexpectedly. Proceed with caution. To me it wants to take 1.38500 and subsequently 1.37800 easy targets. However, this pair moves so strong that it can rally to 1.39500+ and tank to take 1.3780 so have to be careful. #GBPUSD #DOLLAR #EURUSD #POUND #GBP #EUR #USD
Short
by nightdrive
EURGBP on. tight range 🦐EURGBP after our last analysis broke below the daily resistance and currently is moving between a tight range within 2 structures. According to Plancton's strategy if the market will break below we can 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. Mar 8 Comment:
Short
by InkyGrip
EURGBP for a lower low 🦐After the recent low EURGBP retraced at the 0.618 Fibonacci level for a retest of the monthly resistance. The market is now moving once again to the daily support below the 0.5 Fibonacci level. According to Plancton's strategy IF the price 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.
Short
by InkyGrip
EURGBP on the bear side 🦐EURGBP after the break below the 0.87 support retest it and currently is moving above the support at 0.86 area. According to Plancton's strategy if the market will break below we can 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.
Short
by InkyGrip
5
EUR/GBP About to continue the Bearish TrendGood morning traders, today we bring you our mid/long term analysis in EUR/GBP. 🔸To begin with, we will base this analysis on the horizontal Support and Resistance zones. 🔸During the last few months, the price broke all the support zones that were in the path of the downtrend. 🔸Recently, the support that was at 0.86800 was broken. 🔸A few days ago, the price made a pullback to that area, and the curious thing was with the strength that this movement was made, which generated some doubts about whether it was a fakeout or the break was really confirmed. 🔸Given the previous point, we consider that the optimal way to define the vision is to wait for a clear confirmation of price action in relation to the direction. 🔸Now we see that the bearish movement is continuing, so we believe that we are close to seeing a new bearish momentum.
Short
by ThinkingAntsOk
1
EURGBP on new recent lows? 🦐After the recent low EURGBP retraced at the 0.618 Fibonacci level for a retest of the monthly resistance. The market creates a bear flag and according to Plancton's strategy IF the price 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.
Short
by InkyGrip
7
EURGBP on a retracement move 🦐EURGBP after the long downtrend bounces over a confluence of 2 trendlines and is now approaching a strong resistance level. IF the market will break and close above, according to Plancton's strategy we can set a nice long order opportunity. --–– 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
Long
by InkyGrip
8
Important support /+300tp /pullback/ low risk/Convergence/ElliotHello friends, first of all, thank you for your attention I started the study with daily timeframes and noticed an important convergence in daily timeframes, as well as a slow hammer pattern with trend lines drawing, as well as a very important support in daily timeframes and the failure of the channel ceiling in the 4-hour timeframes. Also, pullback to the confirmation trend line is an uptrend. In addition, a 5 wave is forming which is confirmed by Fibonacci ratios of these levels, of course, tomorrow's news should be considered because the price may behave contrary to our analysis. wish you luck . Please like and comment because every trader has something to say, thank you.
Long
by mohammadzarei29
2