EURGBP to go bullishOn 4h timeframe I can see that price is coming close to the previous resistance, now support. If we see trend reversal on 1h TF or 30min we can try long position with SL just under support AOI.
Eurgbplong
EURGBP 1H BULLISHEURGBP is in bullish trend at 1h timeframe printing HL's & HH's we placed a buy limit at fib 0.38 with the SL at previous HL
TRADE IDEAS FOR NEXT WEEK 6 MARCH 2023FX:EURGBP
As we can see that FX:EURGBP has has finally retested it's 4hr support this area has been tested multiple times before now so we are anticipating that price is going to reject that level and continue to push back up. Then we can look for our entries and ride along with the trend
20 Reason for buy EURGBP🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Yearly A confirmed UPtrend makes proper high and low after the last valid low price is on their above equilibrium a clear flag pattern is also here, and wick offspring also confirm themself
2:📆Monthly: bearish trap at monthly lows and long wick and big Imbalance area at the above side, so the price may go up for fill up Feb reversal candle mot able to maintain themselves price reject last month's low and start upside move
3:📅Weekly: with monthly support on the weekly tf price, make a high after a last weekly spinning top bull side price formation confirm
4:🕛Daily: low is valid now, but high is not yet mean price may be going to make another high last daily engulf candle also super high momentum now price make a buildup here
😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: inside the bar at low, with h4 FVG support, 2nd momentum candle with significant volume, make a flag, again right now makes support on h4 OB again
7: 3 Volume: no volume on retracement but the significant volume on bull candles
8: 4 Momentum UNCONVENTIONAL Rsi: above 40 technically bullish, no weakness
9: 5 Volatility measure Bollinger bands: tight squeeze, above the middle band, make support on 20MA,
10: 6 Strength ADX: start bullish strength because bull DMi makes a crossover on main ADX and bearish line
11: 7 Sentiment ROC: eur has positive ROC compare to GBP right now
✔️ Entry Time Frame: 15 min
12: Entry TF Structure: Bear, but we need to wait for Choch on 15 min tf it is about 0.8877
13: entry move: should be bullish
14: Support resistance base: h4 ob, previous pullback area,
15: FIB: trigger even Occurred
☑️ final comments: Buy
16: 💡decision: Buy
17: 🚀Entry:0.8880
18: ✋Stop losel: 0.8833
19: 🎯Take profit: 0.8966
20: 😊Risk to reward Ratio: 1:2
🕛 Excepted Duration: 2 days
📌 Potential BUY setup for: EUR/GBP👩🏽💻Technical: Higher time frames suggest strong Euro power against GBP by trending above MAs, with the daily aiming to break the channel with a bullish engulfing candlestick.
🎯 For an ideal entry: The price must confirm a strong enough bullish bias by breaking MA's on the daily and the channel on LTF. Push> exhaustion + bullish pattern confirmation for a super safe entry.
eurgbpnow we have to wait eur gbp break an uptrend and retest trend line and now going down so we will wait to reach the next support and buy it or it reach the resistance again in this case we will sell it
A drop to complete a bullish lag patternPrice may potentially drop to complete a bullish flag on a bigger time frame. Idea is to scalp the shorts before a strong bullish trend
EURGBP - Potential Upward MovementEuro continues to rally against the pound. Exit at 2nd supply zone.
EURGBP SELLWelcome . Euro pair against the pound. in a very negative state. With a head and shoulders pattern. There is a lot of pressure from the sellers to bring the market down. to 87,500 levels in the first stage. And level 87000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
eurgbp buylet's see what will happen i'll update my aproach on this pair in the comment section at the moment i'm dealing with possible scenarios ... LOL
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS can be seen to be UP due to MARKET RISK being ON. It affects the EUR in a big way. The ECB did a RATE HIKE. BOE also did a RATE HIKE last week.
- EURGBP can definitely go up to the RESISTANCE LEVEL above. Due to USD WEAK, EUR may be quite STRONG. Accordingly, EURGBP can go up slightly until the 0.8916 LEVEL. And after that EURGBP can SELL to 0.8600 LEVEL. The given STRUCTURES should be BREAKED for that...
EURGBP, GBPAUD and CHFJPY analysis for next weekwe had 3 good setups on these pairs that I hope will work as planned. what do you think?
EURGBP 2 possible ways.Right now the only think I really know is that the pair is still going to grow for the following days.
But the pressure os sellers is still very big, so be carefull about your decision.
My particular opinion is that the pair will go up for all this coming week.
What about you opinion?
My mentor was Rafa S. Quiles from SauraScapital.
Good luck.
EURGBP long trade setupeurgbp is in uptrend making higher highs and lower highs. Buy price, stoploss, tp1 and tp2 prices are mentioned on the chart.
EURGBP is still bullish!Since all the technical evidences show that EURGBP is still bullish so we can look for low risk price to enter.
I'm guessing 0.88300 could be the a good price for long position.
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What are your thoughts on EURGBP?
EUR/GBP LONGSBreak & Retest Neckline Structure 4H + 1H
Break & Retest Interior Neckline Structure 30MIN
50EMA 15MIN + 5MIN
200EMA 5MIN
EURGBP- Do not Miss Out the Buying Opportunity!Dear Traders, We have an excellent buying opportunity on EURGBP as we had bullish momentum since last few days, we think price will continue the bullish trend until it reaches araa of 0.9090 which means in upcoming days we would expect GBP to weaken.
eurgbp a good place to shortafter the long setup that yesterday was uploaded, today I think that EURGBP is near a good demand zone for sell. I my self will take profit in R/R=3 automatically but you can wait until further tps (long setup that was uploaded yesterday now is on R/R=9).
EURGBP - Long active ✅Hello traders!
‼️ This is my perspective on EURGBP .
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 0.88000.
‼️Attention!!! Due to the fact that we have news on GBP this week, the analysis can be invalidated.
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eurgbp a good place to longthere is a good chance to see a minor upward trend in eurgbp and this MPL can reverse the trend for buyers
EURGBP 4 Hour signalThe #EURGBP had a bearish impulsive leg last week. On daily TF, it shows a high momentum. I expect a reversal at the support trendline of the channel back to the upside as correction this week.
However, in a situation where price breaks the support, there should be more downward move and this signals end of the current uptrend.
What do you think? share your thoughts below and like my analysis
