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Eurgbpbullish

Double Bottom with engulfing kicker at daily resistanceHi guys, here on EURBGP we started our analysis on the daily chart, in there you can see that we are heading downward for a few days without even the tiniest retracement. In RSI we are deep oversold and so we expect some kind of a bigger retracement coming. So we point out the daily resistance level that may provide some support. Tha black line means this, we are now right at previous resistance and we put a double bottom with rsi divergence and with an engulfing kicker. That's all i need to enter the market; i'll wait a little retracement then i'm entering long. I'll let you know how it will evolve. Best of luck traders!
Long
by Roker1
Potential long This pair continues to make new higher highs in the upward channel. Its recent fall may now provide an opportunity to go long, however, I will only do so if there is more confirmation from the candlesticks. I expect the price to reverse in the blue zone/ beneath the 38.2% retracement and the previous resistance level which should become support. Based on this I will be targeting the 38.2% extension level/ the previous high, although I do expect the price to exceed this,
by Jordan_FX
Today's ChartThe primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7665 and support at the level of 0.7525. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair. STRATEGY EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra-day to mid-term positions in it. www.tradingsignalreviews.com
Long
by piponomics
3
EURGBP Long termAt resistance channel its best opening for bearish to follow the trend. Bearish target at any price at support trendline with Stop level above bullish key level or at 0.8090. If bullish keylevel break up, reverse order and take long position with target 0.8400. and stop level at 0.8032. (risk/reward ratio 5) resistance channel merupakan tempat ideal untuk entry short posisi dengan target di harga berapapun saat menyentuh support trendline dan stop level diatas bullish keylevel atau pada 0.8090 Apabila terjadi break up pada bullish keylevel, balik posisi menjadi buy dengan target pada 0.8400, dan stop level pada 0.8032 (risk/reward ratio : 1:5)
Long
by AzrulAzir
2