EURGBP Idea D1Here is my view for EURGBP on D1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurgbpanalysis
EURGBP: WAIT !!! DON'T BUY TOO EARLY!!!. we still have a sellside inefficiency and price still need to rebalance it before finally going bullish on EURGBP.
It is of no doubt that we're currently bullish on EURGBP, price is currently looking to fade into a large TF premium Arrays before finally displacing lower.
Confluences :
1. we previously had a bullish displacement on the weekly TF leaving a bullish order block behind, price has been trading lower to of recent to mitigate the weekly propulsion block and that is a trend already on the daily TF.
2. On the daily TF, we had a displacement lower showing the interest of the smart money to sell into the weekly propulsion block (IPDA).
3. The banks sell at premium and buy at discount. We're currently in a discount level of the bearish displacement price swing, and before we can expect the banks to sell we must see price trade into the premium P.D-Array of the bearish displacement price swing.
4. I'm looking for price to trade into the equal highs above after the fvg, as it is going to be a draw on liquidity for the smart money to offload the buy stops they've accumulated trading higher.
5. we also have an order block above the fair value gap, we're also likely to see price trade into that before we start building a bearish bias.
Conclusion:
On the one hour TF, you don't want to buy too early, price is still having a sellside inefficiency to fill in and it could even go all the way down to sweep the previous week low before finally trading for higher prices.
Bullish opportunities are likely to be more profitable this week than shorts on EURGBP.
StefanFX
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 | Steep Downtrend. Go Short!When it comes to the technical analysis of EURGBP , considering the current market structure, this currency pair is still in downtrend. On chart, we can clearly see the steep downtrend and price also managed to break the previous support area S1. That means price is likely to continue moving downwards. So the best approach would be to wait until the price tests the S1trend line. If you find a strong rejection with bear candles, go short. Targets T1 & T2 are marked on the chart.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURGBP possible sell zone!!EURGBP has formed a strong bearish price action on the 4h after breaking the local support zone. As there is a strong rejection of the monthly and weekly, there is a high probability price will continue to drop. Currently, the price is retesting the previous support turns resistance. Upon rejection from the moving average of 4h, we could find a possible sell opportunity!!
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EURGBPHi traders, EURGBP is setting up for a downside possible move watch price to go our mentioned pattern completion area and look price action on the top for a short position opportunity if price break 0.85786 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
EURGBP - Bearish market structure ✅Hello traders!
‼️ This is my analysis on EURGBP .
Here we can see that price broke the market structure and now I am looking only for shorts. I expect price to continue the sell-off to fill the imbalance below.
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💰BUY EURGBP at the best place and price🌟🔰You can see the analysis of the euro-pound currency pair in the one-hour time frame (EURGBP_ 1H) 🔍🔥
⚡Given that the price has been able to break the Down trend line🖤 and then pullback❗ to it, if the price can reach the DEMAND zone, it can rise up to the SUPPLY zone🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉_______
DeGRAM | EURGBP swing zone EURGBP pullback after sell off.
The market pulled back to the resistance zone with a deceleration.
Price is approaching the swing zone that was respected multiple times before.
We expect a down move to the support level .
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EURGBP Slow moving but likely to fall to supportWelcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
EurGbp could resume its up moveAfter reaching a high near 0.93, EurGbp fell strongly with a drop of 600 pips in just a week.
After this drop, the pair started to consolidate and although it made some new local lows, these are marginal and the pair is contained in a falling wedge pattern.
At this moment the price is trading in falling trend line resistance which is also confluent with the horizontal resistance at the 0.87 zone.
As long as the recent low is intact, I favor gains and the previous high can be the bull's target.
EUR/GBP Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EURGBP Potential Short!EUR-GBP was trading along the rising support
But then we saw a bearish breakout
After which the pair went up again
And retested the broken line
I think that the move down will continue
to target below
EURGBP Shortprice has managed to make a fake break of previous week high and taped 60% of Fibonacci retracement. am looking for short when the price close inside resistance level.
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the SUPPORT LEVEL below. EUR may be slightly WEAK due to USD STRONG at the moment. According to that, EURGBP can rise slightly up to 0.8900 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL.
eurgbpStarlin is getting stronger. worse in Europe due to war. reach powerful support monthly, and weekly, cot shows the same. more likely to go down just lil bit before it hit the tp
EURGBP - Breaks the support ✅Hello traders!
⁉️This is my analysis on EURGBP .
As I said in my previous analysis, here price first rejected from support and then filled the imbalance above. After that price rejected from bearish orderblock and I expect price to break the support and re-test it for a short position.
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EURGBP - Long from support ✅Hello traders!
⁉️This is my analysis on EURGBP .
Here I expect bullish price action from support zone to fill the imbalance above and then a rejection from bearish orderblock + institutional big figure 0.88000.
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EURGBP 45 MIN BUY EURGBP HAS Created A Triple Bottom . Thats why Theren is A Huge liquidity Pool Under these Lowas. And Also There is an UnMitigated ORDER BLOCK down these lows So we have A High Probability of the Market to reject from that Order Block!!!
⁉️ EURGBP - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement to fill the imbalance below and then to reject from bullish orderblock + institutional mid figure 0.87500.
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EURGBP: Price may test 0.9200 soonEURGBP: Price May Test 0.9200 Soon
As we have seen, the GBP has been very weak during this
week and also very vulnerable.
The economic situation is driving the GBP up and down in a crazy
and dangerous ways to trade.
In our scenario, if the candle will manage to close above 0.9000
chances will be higher that it can rise more up to 0.9100 and 0.9200
Thanks and good luck!
EURGBP is set for 200 pip move!!EURGBP 4H Has formed a very strong bullish engulfer which has a very strong volume and liquidity grab in the direction of the major trend. As the long trend is bullish, with the strong rejection from the bottom, EURGBP is set for at least 200 pip to move the upside. On the retest of the previous resistance acting as support can be a place for the entry point for bullish setup.
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