Eurgbpbullish
EURGBP Respecting the trend line. Looking for buy setups EURGBP Respecting the trend line. Looking for buy setups
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!
EURGBP Market Analysis and Trading Tips 17th August 2016Traders,
We have had a great amount of success over the past few, with focus on usd/jpy and the BOJ as see in the related ideas, long may this streak continue!
SUMMARY:
The EURGBP pair bounced slightly during the course of the day Tuesday, using the 0.8639 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8655 Support at the level of 0.8639. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
All the best with this pair and please do not over leverage, we can keep a tight sl on this.
GL
www.tradingsignalreviews.com
EURGBP is about to break outEURGBP has lots of potential to continue upside movement on a daily chart. Good chance for a breakout.
My first idea.
#RoadtoMonaco - EUR/GBP August 1st 2016SUMMARY:
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8458 Support at the level of 0.8416. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
EURGBP 500+ Pip Opportunity - 25/7/16SUMMARY:
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8404 Support at the level of 0.8319. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Likes and comments appreciated guys, thank you for all your continued support!
www.tradingsignalreviews.com
EURGBP BULLISH SIGNAL CALL.The price has pulled back into the reference area at 0.8302. Remains bullish above 0.8354 as long as the support at 0.8302 remains intact. Long with potential target at 0.8543
EURGBP: Potential Break-Out for a LONG We're up against some monthly resistance levels at 0.85430.
Agressive traders wait to break and close above for confirmation.
Conservative traders wait to double-bottom on the support level and then BUY.
Limit: 0.86130
STOPS:0.85020
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,
bullish EURGBP I expect a bullish EURGBP tomorrow @ london open, will keep an eye on this one.
If it goes lower then i think it will be a good moment to buy.
Forex Analysis and Trading Tips - EURGBP EUR/GBP ( DAILY )
RECOMMENDATION: BUY
SUMMARY:
The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its daily chart. In daily 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 0.7900 and support at the level of 0.7690. 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.
Two in One - Breakout of a Downtrend and an Inverted H&STarget is predicted at 0.80500 = 500 pips. Good Luck!
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
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)
