Eurgbpbullish
Trading Pathways Analysis of EURGBP H4 Chart
The outlined white arrow pathway is the predicted pathway that the EURGBP will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURGBP will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
EURGBP: Huge Buy Trade to 0.92Buying from strong Support levels are one of the simplest trades that a trader can execute.
EURGBP is at such a situation right now.
It has bounced from a multi-year support level but price didn't go too far away from the support level.
So, traders have the opportunity to go long again.
My plan is to keep buying the dips between 0.8300-0.8500 with SL below 0.82.
I will set my TPs at 0.86, 0.8790, 0.9004 and 0.9315.
This is a long-term swing trade
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking really good. I believe that EURGBP is going to start climbing to the upside. First I would like to see a nice pull back and a clean rejection off support giving us a good entry. Watching very closely. Definitely at the top of our watchlist.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Bit a push to the upside, looking really good. I am not going to rush into anything. Like gold and oil you really need to respect pound pairs as they can move very violently. Its still early in the week so we need to be patient. I would like to see a nice pull back down giving us a good opportunity for a clean entry! Definitely on the watch list. Keeping a close eye on this
I just KISSED my BOSS and her HUSBAND saw.The freak thought it was good and stood there watching us from behind the kitchen worktop... Now im not sure what he was doing viciously shaking a milkshake under the worktop for about 10 minutes... but he seemed to enjoy it so i left him. I know on most bottles it says " SHAKE WELL " but i think he went a little over the top.
We can see that we have a trend line draw on that has been touched at least 4 times already and price has just bounced off a support level, So now we are looking for price to re test our trend line before breaking it and having a bullish run that is long over due.
Now 1st thing on Monday morning we have high impact EUR news that is forecast to be better than expected that if it is as expected could see EUR push higher which would break our resistance level and trend line.
I will not be taking the buy until our levels are broken so just keep an eye out.
Hope this has helped... And remember to SHAKE WELL ;p
EURGBP potential long setup - ECB the catalyst?Looking long on EURGBP
the analysis is on the chart.
I will be watching the news reactions today as they most likely will provide entry.
EUR will be cranking the next two days with all this news,
let's be safe, but not be pussies either.
I will keep you posted.
Watching for the red line to get hit on the H1, then the harmonic will complete. I will look for the 8-9...9-10....or 10-11 hourly candle to show me a bullish action for entry
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
As mentioned keep in mind that we have pound news today. This pair is definitely looking good. As I said in the last video I would like to see EG push up a bit and give us a nice clean rejection off resistance then we could look to take a trade.
EURGBP - LONGReason
1.) Price reversal at 0.83 tells me that some big volume is buying at this price.
2/) SMA20 starts showing some strength in an up trend.
Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TRADE with CARE !!!
EurGbp | Trend reversal confirmedEurGbp trend reversal confirmed!
As we have published our trend reversal (on December 22 19') after a big downtrend in this currency we were absolutely true.
We also outlined how price will test our support. And it has happened. Price almost hit exactly to the pip our support (missed by 8 pips)!
We are expecting to reach our first two targets.
Previous comments from analyzing:
"After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here.
If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity).
If there will be any strength in our support, I will not step into this trade."
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EURGBP Potential 350-pips surgeThe common European currency will likely gain strength against the British Pound within the coming weeks.
The currency exchange rate edge higher by about 350 basis points during this period.
However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.
EUR/GBP: MONTHLY & WEEKLY TREND ANALYSIS.In the name of Allah, the Most Gracious, the Most Merciful.
EURGBP IN MONTHLY TIME FRAM MARKET HAS hit 2009 HIGH LEVEL MORE CHANCES TO FOLLOW DOWNTREND NOW.
IN WEEKLY TIME ZONE MARKET IS FOLLOWING CHANNEL PATTERN WHICH HAS BREAK DOWNSIDE, SO IN MONTHLY
AND WEEKLY TIME ZONE MARKET IS BEARISH.
IN DAILY TIME ZONE IT LOOKS LIKE MARKET WILL DO PULLBACK TO CHANNEL SUPPORT TO RETEST AS A RESISTANCE.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
EURGBP Market Outlook | Daily Forex Market BreakdownEURGBP
Looking at Eurgbp now, I say this a lot but with gbp pairs you have to be very cautious as they are heavily influenced by fundamentals. EG rejected and pushed off 0.84 nicely, looking like we are slowing down. EG looks like it could be stuck in consolidation. Waiting to see how we react at current levels of resistance. I feel we could roll over to retest 0.84 once more.