EURGBP - TRADE OPPORTUNITY!!!EURGBP - TRADE OPPORTUNITY!!!
Technical view - break to either direction!
Have a great weekend,
TJ
(Not Financial Advice)
Eurgbpanalysis
EURGBP Idea H1Here is my view for EURGBP on H1. 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!
EURGBP lower in sloping channel patternPrice action is consolidating break below daily cloud, Chikou span is biased lower
The pair is trading below major moving averages which are trending lower
EUR/GBP grinds lower in sloping channel pattern, scope for further weakness. Bears target channel base at 0.8220.
EURGBP Idea H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Hourly short | Algo TradingEURGBP hrly shrt
shortstop @ .83444
TP #1 @ .83330 79.31 wr
TP #2 @ .83175 48.28% wr
SL @ swing high .83604 15.52% hr
WR and HR determined from past trades on their pair, on this time frame.
More trades like this on my profile and on bifrosttrades.com
EURGBP Prediction H1Here is my view for EURGBP on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP - LONGBullish Indications:
First Higher high after long bearish trend
Morning star candlestick pattern at Higher low
Trend reversing from strong support at 0.83000 with bullish candles
Upward channel formation
Double Bottom
EURGBP ANALYSIS
Plan A : Long
As overall trend seems to be
bullish so we have to wait
until it properly breaks above 0.83651.
S.L : 0.83048
T.P 1 : 0.83938
T.P 2 : 0.84395
T.P 1 : 0.84911
------------------------------------
Plan B : Short
Bullish Trend line is broken at 4H.
Also seasonality goes is favor
of bears 11/15 times. If double top
is created at 0.83651 then
go for short trade.
S.L : 0.83745
T.P 1 : 0.83165
T.P 2 : 0.82695
P.S : All the details are attached below.
EURGBP LONGS📉📉📉📉 Expecting bullish price action on EG as price takes out weekly lows liquidity and closing bullish above. We had a strong bearish movement without correction and i expect the price to retrace in the upcoming days, a lot of bearish imbalances were formed around 0.84200 / 0.84700 price area.
What do you think ? Comment below..
EURGBP extending below daily cloudThe pair is extending weakness below daily cloud, scope for further downside
Stochs and RSI are biased lower, RSI slips below 50 mark
EURGBP Analysis and Trade IdeaPrice HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS.
Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
EURGBP Trade Idea - Elliott WaveLet’s discuss the price chart of the EURGBP currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, the price action has recently completed an ending diagonal triangle formation. The price is trading within Wave 3 (circle). The most recent retracement is approaching a 78% Fibonnaci level.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on April 1 (1st vertical line), and is projected to form a top on April 29 (2nd vertical line).
Based on this, we can expect prices to find support at or near the current level and start trading higher towards the 0.8599 level which is the next major resistance area.
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EURGBP technical analysistFX:EURGBP
EURGBP enters a crucial demand area . If the pair is able to enter the 0.837 area closed with a bearish candle, the price probably will move down to the 0.837 area
EURGBP 5TH APRIL 2022As we earlier saw the EURGBP pair making a strong bullish structure which remained firm we have then selected our demand zone from where we will buy the market into the next higher high.
Swing trading Simplified
EURGBP extends downside EUR/GBP extends downside after rejection at channel top, slips into daily cloud
EUR/GBP is trading with a bearish bias. The pair is holding support at 200H MA and 21-EMA. Break below to plummet prices further.
EURGBP LONG 4TH APRIL 2022We have seen a clear bullish structure which has remained strong from last week and we can now see price slowly retracing into the POIs and we will be looking to buy from either one of the to complete the last leg of the ABC wave.
EURGBPThe price is on the important line and correction was too long. i think it is gathering power to jump.
EURGBP - SHORTS NEXT WEEK 📉📉📉📉 EURGBP - Market Analysis for the upcoming week.
What do you think ? Comment below..
EURGBP LongHey traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.836 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURGBP Daily Analysis..there is a possibility that the price will correct in the swap zone area which is formed after a significant drop occurs. It has the opportunity to become a good enough zone for entry, I only analyze according to my understanding, I do not recommend stop loss and take profit levels because I don't know for sure where the price is will move, this is just a possibility, keep using healthy money management, love your money
Technical reason behind EURGBP Drastic BullishEURGBP has reached homemaximum number of retracement mode. ABCDE
Long term expectation is the price continue raise while constructing new motive wave 🌊
EURGBP SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on EG as price takes out all the buy side liquidity above the old highs after ECB bullish news about a possible rate hike this year. Price takes out weekly stops and quickly reverses with a high bearish momentum that could potentially start the selloff, we have also a lot of bullish imbalances that should be filled and those areas can act as a MAGNET for the price to go down.
What do you think about this currency pair ? Comment below..
