Eurgbpforecast
EURGBP - Breaks the support ✅Hello traders!
⁉️This is my analysis on EURGBP .
As I said in my previous analysis, here price first rejected from support and then filled the imbalance above. After that price rejected from bearish orderblock and I expect price to break the support and re-test it for a short position.
Like, comment and subscribe to be in touch with my content!
⁉️ EURGBP - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement to fill the imbalance below and then to reject from bullish orderblock + institutional mid figure 0.87500.
Like, comment and subscribe to be in touch with my content!
EURGBP is set for 200 pip move!!EURGBP 4H Has formed a very strong bullish engulfer which has a very strong volume and liquidity grab in the direction of the major trend. As the long trend is bullish, with the strong rejection from the bottom, EURGBP is set for at least 200 pip to move the upside. On the retest of the previous resistance acting as support can be a place for the entry point for bullish setup.
Press the like button if you enjoy the content :)
⁉️ EURGBP - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement to fill the imbalances below and then to reject from trendline.
Like, comment and subscribe to be in touch with my content!
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8867 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL.
EURGBP possibe doube top short for 0.85509th September daily inside bar, while 10th September daily key reversal bar made a new high off the low. supply zone 0.8675. Preliminary support 0.8620 from where price may retrace again upside. need to break 0.8620 for target 0.8550. stop loss 0.8735. target 0.8550.
EURGBP Short Trade SetupA bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
Rooting for you!
Your FX Plug
FX:EURGBP
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8721 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL. eurgbeurgbp
EURGBP Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press like button if you enjoy this content 😊
EURGBP Daily Trading Idea: SnR/SnD/FibMy swing trading setup on EURGBP
At the moment no trades are taken yet as price is moving in the range between the broken supply zone and the resistance.
Waiting for price action to show where the price is going next.
Divergence signals that I look for potential short @ 0.883:
1) RSI: Lower high
2) Awesome Oscillator: Lower High
3) Price action: If candles close with bearish engulfing or any reversal candles (eg: Hanging Man/Shooting Star etc)
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8703 LEVEL. And before that EURGBP can SELL to 0.8443 LEVEL. eeurgbp
DeGRAM | EURGBP swing zone EURGBP is moving sideways on the higher timeframe.
Price action could not break through the resistance and formed a fake break.
We expect a pullback and retest the support level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
⁉️ EURGBP - Market AnalysisHello traders!
⁉️This is my analysis on EURGBP.
Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price took out buy side liquidity and rejected from bearish orderblock + institutional big figure 0.85000.
Like, comment and subscribe to be in touch with my content!