EURGBP: Targeting a 500+ Pips Move! Swing Buy EurgbpDear Traders,
EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take months for this pair to hit our target which is 500 pips away from the entry.
**like and comment our idea for more educational ideas, this will encourage us to bring you more knowledgeable ideas**
Thank you,
Team SetupsFX_
Eurgbpanalysis
EURGBP BULLISH PLAN TO MAKE MONEYMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of EURGBP BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
EURGBP Long Trade Setup A #long trade opportunity recently presented itself on the #europound (#EURGBP) #trading chart 📈.
This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.85253 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.86400 psychological level and possibly testing the strength of the 0.86473 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
EURGBP LONG/BUYEURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO.
📉 Expectations:
We anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns, representing a long-term position. Ensure you have sufficient margin to manage market fluctuations and implement proper risk management aligned with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: Only enter the trade if it surpasses our entry-level (GREEN LINE ON THE CHART).
2️⃣ Rule 2: Upon reaching Target 1, consider closing some positions or adjusting your STOP LOSS to ENTRY price for safer trading.
3️⃣ Rule 3: After achieving Target 1, refrain from initiating new trades based on the same signal/alert.
4️⃣ Rule 4: If the market consolidates for over 2 days, close the trade and patiently await the next favorable trading opportunity.
Feel free to reach out if you have any questions or need further clarification. Happy trading! 📈✨
DeGRAM | EURGBP back into the uptrend channelEURGBP has returned to the ascending channel.
The AB=CD pattern has worked out a reversal of the movement.
The chart reached the resistance level.
We think that the price may correct to the support, which coincides with the 38.2% retracement level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURGBP : Long Trade , 4hHello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
EURGBP - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill that huge imbalance lower and then rejects from bullish order block.
Like, comment and subscribe to be in touch with my content!
EUR/GBP SELL STOP at .8620Yesterday I SHORTED this pair from just below the WR1 pivot.
There was French and German Flash Manufacturing & Service PMI this morning so I banked the profit and waited to see what the print was.
All releases came out in green numbers and inevitably this gave a boost to the EUR.
Key now was the realease of the same data out of the UK.
This too came out in green numbers for Services amd red for manufacturing (mirroring the French and German print).
Before all this data EUR/GBP was drifting lower and I expect this direction south to continue.
However. The price has been stuck at 25 EMA which has so far supported the price and prevented EUR/GBP BEARS from driving the price south.
We need to see this EMA broken so in anticiaption of this, I've set a SELL STOP at .8620 which is 6 pips under the currenct price.
ON the H1 time frame RSI is declining as is MACD.
The red SELL line of the Andean Oscillator is rising and the green BUY line has crossed the signal line.
All these are BEARISH signals so its likely we may see the price decline.
There's Manufacturing and Services news out in the US at 14:45 but its uncertain how this will affect the market.
If the trade is triggered then place stops above the 25 EMA and look at the WPP pivot at .8583 as potential target though momentum will (as ever) determine stops and take profit.
SHORT EUR/JPY from .8642Since the middle of last week we have seen all GB P pairs selling off.
GBP/JPY was a gift of a week last week for traders as price repeatedly hit areas of resistance only for GBP/JPY BEARS to push the price south.
Every trading day last week the price of GBP/JPY hit the WR1 pivot and retreated and the WR1 and WS1 pivots are key to my trading as you can plot these at the start of week and plan for when/if the price hits.
In the last few hours we can see GBP is rising.
WS1 has been hit across several GBP pairs and its clear that there is some BULLISH momentum around.
Obviously, if GBP is rising then EUR/GBP will fall.
The price has just failed to reach WR1 and its not impossible EUR/GBP BULLS may try to take the price to this level but its also possible that EUR/GBP BEARS will jump on this pair and drive the price south.
RSI was as high as 88 a couple of candles ago but now is reading 73.
MACD on the lower timeframes is signalling SHORT and the Andean Oscillator sees the red SELL line reading over zero having been flat.
The path of least resistance is south and the BULLS have it all to do to push back into overbought to move the price higher.
STOP for this is a hard stop at .8650 (8 pips) and the target initially is .8583 which is WPP mid pivot though the I'll close the trade if there are signs of any BULLISH recovery.
EURGBPThe overall trend on the monthly chart is bullish. On the weekly and daily charts, we have a bearish market structure indicating we are in a correction.
On the 4 hour chart, we are awaiting a break of key structure to confirm bearish momentum. I am looking to trade the bullish correction thereafter targeting the disequilibrium between 0.85 to 0.87
EURGBP Buy SignalConfluences for a this buy setup are displayed in the image already.
Took a buy order for this trade already based on one hour bullish engulfing candle.
Let me know your thoughts on this trade and kindly give me a boost and follow if you love my analysis, you can take a tour on my page to also check out other analysis.
EURGBP I Analysis update & risk management tip Welcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURGBP: Exploring a Potential Sell OpportunityCurrently, EURGBP is exhibiting bearish institutional order flow , leading me to anticipate a continuation from the current H1 Bearish Order Block. The objective is for price to reach the Daily Bullish Order Block, our current Draw On Liquidity. This sell opportunity holds a high probability due to the presence of low resistance liquidity towards the downside, facilitating smooth movement through inefficiencies such as Liquidity Voids and Fair Value Gaps towards the Order Block.
I have considered taking a Risk Entry Trade off the H1 Order Block, with the Stop Loss positioned at the high of the Order Block.
Kind Regards,
The_Architect
EURGBP / LONG TRADE IDEA✅💡Hello Traders!
I'm looking for a long trade on EURGBP. I see that FVG is partially closed, I expect it to be fully closed and after that, I will look for a long entry in case of confirmation.
Also, it could be a good opportunity to look for long trades in a smaller timeframe.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
____________________________________
www.tradingview.com
EURGBPEURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the Elliott 5th wave. This indicates a potential continuation of the bullish trend in the near term.