Eurgbplong
Eurgbp longhello traders,
eurgbp price is above 200ma, so we are expecting long position...
price is currently at the support area 0.87, indicator showing oversold
it may/may not test the support trend line, depending how aggressive the market gets
initial target is 0.90, since we can expect HL at 0.87 and HH at 0.90
0.92 is last target since its the strongest resistance of all
hope u like my idea
good luck
EURGBP – Bullish continuation expected the week of 17 Jan 2023The following describes the recent price action:
- bullish trend followed by
- consolidation & formation of a double bottom.
- price holding above the 50EMA.
- an minor break out above the range.
- pullback to the range held by the significant support around 0.8500.
Since the preceding trend was bullish and price has been forming higher lows and highs, a trend continuation is likely. I am expecting that next week will see this happen. Targets can be around the next S/R level in the 0.8980 region.
Always use sound money and risk management and stay patient in all your trades.
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EURGBP - Long active ✅Hello traders!
‼️ This is my perspective of EURGBP .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as we are in bullish orderblock + rejection from institutional big figure 0.88000.
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EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURGBP LongThe price has been forming a falling channel for the past few months and it is currently at the top trendline of the channel. I am anticipating that the price might break out of the channel and continue with the bullish momentum.
I will wait for the price to break out of the channel and retest the zone so that I can enter my signal.
Entry point at 0.884, S.l at 0.879 and target at 0.9
My target R:R for this trade is 1:3.
$EURGBP - UPDATED CHART $EURGBP - UPDATED CHART
This is an updated chart from the last EURGBP We was within range and now we have broken towards up side. We had a Dovish BOE, ECB - Revision on inflation lets see what Largarde has to say...
I am long EURGBP 1/2 size.
Broken to upside, be careful we do have it within this channel /trendline down is key break above that bulls are firmly in control.
Trade your own plan.
Trade Journal
EURGBP - MEGA PUMP in spring - summer 2023📈I used a system of triangles, I selected several zones, yellow, green and white.
The green zone is an uptrend.
Yellow global consolidation.
White intermediate consolidation in front of the green zone.
the fractal that I highlighted in purple can be viewed in more detail on 1d and superimposed on the weekly chart of what is happening now.
about the numbers that I described on the chart, 113, 911/116 / 999, etc., look for the answer on your own, it all depends on your intelligence