EURGBP LONG IDEAHey guys, this pair is currently at a deep weekly discount. I will be looking for reversal patterns for me to go long on this
Eurgbpanalysis
eurgbpWe can enter into a purchase transaction at three points
First at this point with sl : 0.83280
The second and third are also specified
EURGBP | Strong Bullish SignWhen it comes to EURGBP , we've seen price tested the previous support zone and bounced back each and every time, which clearly show the signs of demand. Now price is making newer highs. And I'm not seeing enough resistance to hold the price till T1, which is the first exit point you should consider.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
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.
EUR/GBP WILL MAKE A NEW LOW BEFORE BULLISHEUR/GBP will make new low from $0.83564 or $0.83639 and invalidation level is $0.83700. We are currently on the 4th wave and we will down for final 5th of (C) of ((Y)).
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#EUR/GBP #eurgbp
EURGBP Idea H4This is my view for EURGBP on H4. 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 approaching strong supportDecember has been a very good month for Gbp, with the currency gaining in almost all pairs and in EurGbp's case gaining around 250 pips.
At this moment the pair is approaching very strong support and we can have at least a correction from that point
I'm looking to buy this pair and with a target of around 0.8450
A break of support would negate this scenario
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 - LONG RALLY COMINGMy analysis predicts a long rally coming up for EG - up to the 0.85 mark to be precise. This one will chop sideways a little to drink up the liquidity before bulls make a run home. I will be waiting for PA to create new demand zones before entering my 2 or even 3:1 trade here.
EUR/GBP PUSH HIGH BEFRO DECLINEEUR/GBP will go up around $0.8436 to finish the 4th wave as a zigzag and after that, it will break the recent low.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#eurgbp #EURGBP
EURGBPHello Guys, It's From HitProfit Trading Club
EURGBP-
TF: H2
Details on Chart:
Last week, Price Stop Hunt at 0.83600 in Daily Time Frame and back to the TBS Range.
it may hit our 0.618 FIB level. before the drop or long, will make a decision after 0.618 Level
EURGBP BuyThis is my idea on EURGBP Buy
50MA Crossed, expecting retest after touching 200MA, then continuation to rise to 0.85115
What do you guys think?
EURGBP - BuyIts look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
EURGBP: Long Shot🏌️♂️This pair is difficult but if we open our eyes and understand what price has done, we can assume a reversal soon.
Now that the low has been wiped and liquidity has been taken from there, the price may now want to target the right shoulder liquidity.
This is a long shot but definitely one to keep your eye on for fantastic risk to reward.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
EURGBP Long OpportunityHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURGBP for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EURGBP - LONG - BUYHello everyone, I took this buy on EURGBP, could form inverted head and shoulders my SL is 8 pips
EURGBP Idea H1Here is my view for EURGBP on H1 for today. 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 -Short/Medium Term forecast!The EURGBP has been in a mid term downtrend, "Is the trend going to continue?".
Currently we are completing a WXY correction in the minor green degree which should see the pair push high from current level into our bluebox area. As long as we don't go beyond the bluebox(0.8800) then we should see a reversal which will take the pair even lower in the coming months/year. We should start looking for selling opportunities from 0.8730.
If we see a correction in the bluebox then we are likely to see a double correction which will take the pair further up, but we still should remain bearish for the mid-term.
EURGBP SHORTS UPDATE 📉📉📉Move SL to BE, we have a risk free trade there. Huge bearish momentum is forming right now that should push price below h4 old lows.
What do you think ? Comment below..
EURGBP SHORTS 📉📉📉Expect bearish price action on this currency pair as price takes out buy side liquidity above old highs and right now is rejecting a bearish orderblock on h4 with multiple wicks rejections.
What do you think ? Comment below..
EURGBP Playing The Wedge PatternIn this update we review the recent price action in EURGBP and identify the next high probability trading opportunities
EURGBPNOTE: The major bearish structure has nt been broken yet on ths pair. This is why we might be getting a running flat to the downside. Beware of the news today and goodluck!
