Eurgbplong
EURGBP - BuyIts look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
EURGBP: Long Shot🏌️♂️This pair is difficult but if we open our eyes and understand what price has done, we can assume a reversal soon.
Now that the low has been wiped and liquidity has been taken from there, the price may now want to target the right shoulder liquidity.
This is a long shot but definitely one to keep your eye on for fantastic risk to reward.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
EURGBP Long OpportunityHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURGBP for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EurGbp TFh1 idea with High RRRExpected range for Swing Trading 1SD
0.85647 - 0.84788
Waiting for the price pullback then buy at OB + Wyckoff Re-test zone + Bottom of the expected range for swing trading 1SD
Buy Zone
0.84910 - 0.84829
Targe Zone
0.85902 - 0.85574 (Top of the expected range for swing trading 1SD)
* For safe SL. You can place your SL under the bottom of the expected range for swing trading 1SD.
EurGbp strong reversal after BoEYesterday BoE has risen interest rates, this fact only affected EurGbp for the moment, with the pair dropping to 0.8450 zone but strongly reversing after and closing the day above 0.85 figure and leaving the chart with a very nice long-tailed Pin Bar.
This is a clear indication for me that the market already priced in this rase and the road for EurGbp is in fact up.
My target for buy trades is 0.8650 resistance and only a new low under yesterday's one would change my opinion
EURGBP with indication.For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Here is our EURGBP with a good lesson.
If you learn how candles work you will make way better trading decisions. Remember, they dictate the market FULLY. if you don't know the REAL reason how they work, your trading won't go so well..
Nonetheless, we are looking LONG on this price action zone.
Price direction is noted by our directional arrow.
EURGBP 1000+ PIP REENTRYHad a beautiful 200pip move which hit tp1 on the long term eurgbp buy.
I am now looking for a reentry based of the 4D candlestick and looking to swing this up.
Potential take profit areas are the same as shown through the horizontal lines.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made