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Eurgbplong

EURGBP: Who from the weak?!EURGBP Intraday - We look to Buy at 0.8425 (stop at 0.8395) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. A higher correction is expected. We look to buy dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 0.8515 and 0.8600 Resistance: 0.8460 / 0.8600 / 0.8720 Support: 0.8400 / 0.8325 / 0.8200 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
EURGBP June W.5: Long-term trend signalHi friend, I hope y'all having a profitable week ;) Today, we have a long-term trade on this baby. I've been waiting for this trade for 3-4 weeks; I shared an idea on it that failed this month (check the previous posts). Despite that, we got another opportunity, so let us look at how the trade triggered and how we will get out exit signal. Bulls: -When the price bullish broke and retested the Weekly Neckline together with the 50 and short-term m.a's, it triggered our first trade that we didn't catch. After it did that, it proceeded to bullish break and retest 3rd Weekly Key Lvl on the lower time together with the 200 m.a that's visible on my MT4 chart. So we got 2 trades here, but we hopped on 1 trade, and I call the trade we're in, a "Double Bottom A-E.2 BUY signal". Bears: -If the price closes with a bearish reversal candle pattern below the 4th Weekly Key Lvl and 200 m.a, that's followed by a bearish break and close below the 8 m.a, then we'll close my trade. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know you thoughts! Stay Blessed, Doji-2k1.
Long
by Doji-2k1
EURGBP BULLISH OUTLOOKEUR is gaining in value due to the expectation that ECB will raise interest rates, something that had not happened in more than a decade. Against GBP the price broke the resistance of the triangle pattern on the 4H graph forming a bullish outlook, which, if gets confirmed, might see the price of the pair testing 0.87 On the other hand, if the bullish scenario does not come to fruition, the price will most likely test the support of the triangle at 0.8568 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
EURGBP: Head & Shoulders Trap 🚨Don't trade the head and shoulders pattern the retail way, trade it the smart money way. ⠀ If price is approaching the neckline to breakout, don't join with the retail sellers, wait for manipulation to join at the appropriate order block or imbalance. ⠀ When price finally breaks out and trappers huge amounts of sellers, look to the left to identify an area of demand to buy from. ⠀ If you locate the correct demand, you can buy into seller stop losses and profit both ways. ⠀ This is a great example of manipulation 👁 I will be joining buyers at the next demand.
Long
by AlkalineFX
14
EURGBP potential longBased on my analysis we can see that from a daily perspective we have tested the 0.786 fibonacci level. Should the price action in the coming days break above the blue resistance zone which the market has been stronglyattracted to, we could potentially see a break to the upside. From a weekly perspective we have created a candle with a very long wick on the top which the market tends to fill. So if we get a weekly close with such a candle shape we can expect next week to be potentially bullish. However, if the market fails to break this resistance zone, my setup will prove invalid. Thank you for viewing. Please Comment your thoughts on this below.
Long
by RSquaredXD
EURGBP: Just continue buying dips!EURGBP Intraday - We look to Buy at 0.8485 (stop at 0.8445) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The hourly chart technicals suggests further downside before the uptrend returns. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 0.8600 and 0.8710 Resistance: 0.8600 / 0.8710 / 0.8845 Support: 0.8505 / 0.8400 / 0.8295 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets