Eurgbp!
Strifor || EURUSD-09/11/2023Preferred direction: SELL
Comment: Short-deals have been giving a plus to the deposit, and the extreme trading idea was no exception. Now this priority remains. It is not recommended to set very global down movements goals. Most likely, the price will now test local lows, while buyers’ stop losses may be activated and the price may impulsively fall down to 1.06000.
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Watching for potential turns on EurGbpRejections on daily chart and watch for any breakout to bring this pair lower.
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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British Pound can bounce down to 0.8530 support levelHello traders, I want share with you my opinion about British Pound. Observing the chart, we can see that the price a not long time ago bounced from the 0.8590 resistance level, which coincided with the seller zone and rose to 0.8650 points but soon fell back. At there moment resistance level coincided with the support line and the British Pound rolled up to the resistance line. After this movement, the price started to decline and in a short time British Pound fell two levels lower, thereby breaking their. But when the price reached the buyer zone, it rebounded up, broke the resistance line, and later declined below this zone. Later price rose back and even entered to range, in which the British Pound made a fake breakout of 0.8590 resistance level, after which the price declined to 0.8530 support level. As well recently, the price tried to rise back, but failed and at the moment trades below the resistance level. In my mind, the British Pound can rise to a resistance level again, and then continue to decline. For this reason, I set up my target at the 0.8530 support level. which is located in range. Please share this idea with your friends and click Boost 🚀
EUR/GBP SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.851 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair.
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EURGBP H4 I Falling to 1st support?XAUUSD has just reacted off the resistance level. and could potentially reverse from here and fall towards our take profit target.
Entry: 0.8890 - 0.8577
Why we like it:
There is an overlap resistance and it aligns with the 78.62% fibo retracement.
Stop Loss: 0.8636
Why we like it:
There is a pullback resistance.
Take Profit: 0.8525
Why we like it:
There is an overlap support level.
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.
EURGBP The Target Is DOWN! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8579 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8557
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Strifor || GBPUSD-09/07/2023Preferred direction: SELL
Comment: The situation for the pound is the same as for the euro, there is also a priority of sales. Approaching the level 1.25381, the price made a close retest of the level and the fall was very likely. Now the nearest target is the level of 1.24000.
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EURGBP Will Move Higher! Long!
Take a look at our analysis for EURGBP.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.858.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.861 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURGBP H4 | Bearish reaction off 78.6% fibo?EURGBP is reacting to a pullback resistance level, which aligns with the 78.6% fibo retracement and 127.2% fibo projection. EURGBP could potentially fall further to the downside, towards our take profit target.
Entry: 0.8591
Why we like it:
There is a pullback resistance level, and there is fibo confluence, 78.6% fibo retracement and 127.2% fibo projection.
Stop Loss: 0.8613
Why we like it:
There is a swing high resistance and above the 161.8% fibo extension.
Take Profit: 0.8574
Why we like it:
There is an overlap support level.
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.
EURGBP → Weak market. Prolonged support retest FX:EURGBP is under resistance pressure.There is clearly either a weak buyer or a rather strong seller in the market. Regarding the limit support area, the price continues to push.
I noted the important level of 0.8541 and 0.8521. And also an important pattern - descending triangle. The support area of the pattern coincides with the area of the limit support. The price has been testing this zone for several months and there is no particularly strong pullback. The price returns to this line every time. Most likely, the weak market continues to hint to us that the global low on the chart may be updated again in the medium term. In priority, I expect a retest of the figure resistance with a further fall to the support area and testing this zone for a breakout and decline to 0.8450.
Support levels: 0.8541, 0.8521
Resistance levels: 0.8609
I expect a retest of resistance in the near future with a subsequent fall to the support area. The chance of breaking through this support is quite high at the moment
Regards R. Linda!
Strifor || EURUSD-09/06/2023Preferred direction: SELL
Comment: The European currency is under pressure from the American, which we previously assumed in our trading ideas. This trend is likely to continue, at least in the short term. It is unlikely that we will see a rollback to 1.07882 in the near future, thus we are expected to update the current lows and move towards 1.06500.
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Trade suggestion on EURGBPHey guys, my name is Reza, thanks to follow my idea.
Description:
we can find Bearish Order Block on 15m. Also, this chart has 2 other OB (Bullish OB) that shown with Green Zone.
I see RSI14 Bearish Divergence on chart.
To find TP levels, I used Fib Ret.
Drow VP on last movement. High potential level is 0.85361 (close 0.85364, 23.6% Fib Ret.)
Suggestion:
(Strong) My idea (1) Sell-Limit at 0.85709-0.85758 with SL: 0.85771 (can be more)
TP Levels:
0.85654 (more than 95%)
0.85566
0.85504 (High potential)
0.85441 (High potential)
0.85364
My idea (2) Buy-Limit at 0.85469-0.85397 with SL: 0.85384 (can be more)
TP Levels = Fib Levels and price nodes.
(Strong) My idea (3) Buy-Limit at 0.85323-0.85281 with SL: 0.85263 (can be more)
TP Levels = Fib Levels and price nodes.
Note: This currency pair have medium important news*