EURGBP SHORT - RETRACEMENT NEEDED!Waiting for price to breakout of consolidation and retrace into 0.88651 to short EURGBP back
to 4H swing lows at 0.87285
If you agree drop a like and if you have any questions leave a comment :)
Eurgbpanalysis
EURGBP flag breakA flag break with a downside trend and strength for the pound
TP 0.87400
SL 0.88620
EURGBP BUYSHello Traders, If EURGBP fail to break 0.87766 then we would expect bullishness from that level looking at the daily TF 0.87211 is our main lows on The daily TF and also it’s a fib 0.61 fib area…
So going down to H1 TF zone 0.87766 Is also an area of interest which is also our lows on H1 still also a 0.61 fib level
EURGBP H1Here is my view for EURGBP on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP BUYHello traders, let’s focus on EG, we have a clear view of price at this point, we broke a Trend line and we have a retracement back and we are looking to buy at this point, tell me what you guys think about this trade guys
EURGBP Prediction H1Here is my view for EURGBP on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP - Short active ✅Hello traders!
‼️ This is my perspective of GBPAUD .
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block. We have 2 imbalances lower that have to be filled, so I am targeting those zones.
Fundamental analysis: Tomorrow we have news event on GBP, the release of yearly CPI, the result of this news could invalidate my analysis. As well on Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action.
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EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the SUPPORT LEVEL below. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can be slightly SELL until the 0.8700 LEVEL. And after that EURGBP can be BUY to the 0.8958 LEVEL. The given STRUCTURES should be BREAKED for that...
#EURGBP-500+ BUYING OPPORTUNITY DO NOT MISS OUT!EURGBP- we did not have a clear movement on this pair especially when both currencies have the same momentum demand and supply. We are expecting price to continue dropping until it drops to our area of entry!!!
Eurgbp Breaking TrendlineTesting trendline in h12 Timeframe Incase Of Breakout Expecting 180 to 200 pips Bearish Move
EURGBP WEEKLY ANALYSISFX:EURGBP
Currently we can see that this pair is in a downtrend and could still keep pushing down although, I am currently in a short position on this pair, But we could also see price reject that support level and head back up. So lets just see how it goes
DeGRAM | EURGBP psychological level of 0.8800EURGBP is in descending channel and in a bearish trend.
Price bounced off the psychological level of.88000 that was tested multiple times before.
We expect the price to retest the support levels and further move down to the psychological level of 0.86000 + resistance + 50% fibo level.
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EURGBP LongList of confluence:
1: Breakout and retest of Key Level
2: Change in market structure from bearish to bullish
3: Trendline breakout
EURGBP - Bullish price action ✅Hello traders!
‼️ This is my perspective on EURGBP.
Here I have already opened a long position as price took liquidity below previous daily low and mitigated bullish order block. My target is previous daily high and bearish order block.
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EURGBP, D1 Technical Analysis | 14 March, 2023Bullish channel
Symmetrical triangle
High possibility to break the triangle in upside
eurgbpeurgbp ideas nice trend line waiting any confluences , and waiting for market to do its thing first.
EURGBP SHORThello fellow traders. i am currently looking at the eurgbp. i recommend short position for this pair. it has shown strength to the downside . please let me know on the comment box below on what you think.🙏
EURGBP LONG - BIG BULLISH SWING NEXT!Waiting for confirmation of entry at 0.88250 to long EURGBP back to key 4H level at 0.89128
If you agree drop a like and if you have any questions leave a comment :)
EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP Cup and Handle target to 0.9312 with a warning due to SMCThe EURGBP formed a Cup and Handle recently, broke out of the brim level, then went right back to retest.
Buyers and sellers are consolidating but looks like with the higher lows we could see buyers win..
7=21>200
RSI>50
Target 0.9312
SMC Warning
If you look back you'll notice a LARGE candle with a big wick. This is where Smart money came in and took out all of the stop losses on the supply side.
This marked a level of liquidity. Then recently, when the price broke above the Brim Level, it tested this high again which is where liquidity was swept, which lead to downside again...
Now we need a new low to form (higher low) and then the buying pressure will kick in and smart money could make a new level of liquidity but on the buy side.
The trade signal is in according to the patterns, now we need a strong move up.
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can go up slightly until the 0.8958 LEVEL. And after that EURGBP can be SELL to 0.8758 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP Short IdeaPrice knocking at the resistance area, could potentially see a push down from here
TP1 0.88900
TP2 0.88600
TP3 0.88000
SL @ 0.89500 or according to your equity
TRADE IDEAS FOR NEXT WEEK 6 MARCH 2023FX:EURGBP
As we can see that FX:EURGBP has has finally retested it's 4hr support this area has been tested multiple times before now so we are anticipating that price is going to reject that level and continue to push back up. Then we can look for our entries and ride along with the trend
