EUR/GBP Long Signal: Bullish Outlook Analysis: The EUR/GBP pair is showing a promising long signal, driven by a combination of technical patterns and fundamental factors suggesting upward momentum. Here’s a brief overview of the bullish outlook: Technical Indicators: Support Zone: EUR/GBP has found strong support around the 0.84700---0.84430 level, This support...
Long signal printed. Coming off bottom of bearish channel. Should be long @ market open up to 0.8590 (near top of channel and major supply zone).
Currency reaction to static support Risk has a good reward
BUY on the theory markets ranges 70% of the time and BUY on the theory markets retraces HALF of the previous leg 90% of the time.
The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
EUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move. Harmonic Pattern Setup: A bullish butterfly pattern is forming on the EUR/GBP chart. Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the...
Dear Traders, EURGBP has in bearish trend for a such a long time now, price have not shown any bullish momentum or behaviour, however, this might change price is dropping around to our discounted price zone. Where we expect a large amount of buying volume kicking in. historically, price of eurgbp tend to move slowly compared to other major pairs. So it will take...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of EURGBP BANK based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish...
Hello Traders, I hope you doing great. for upcoming week, we'll have two option. The first one is waiting for blue zone and take long, and the second one is waiting for red zone and wait for confirmation of sell. if this post was helpful to you, please like and share.
The buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out Potential Trade Opportunity: Currency Pair: EUR/GBP Position: long Risk to Reward Ratio: 3R Trade Parameters: Entry Point: 0.85931 Stop Loss:...
EURGBP - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. A lower correction is expected. Preferred trade is to buy on dips. Bespoke support is located at 0.8565. We look to Buy at 0.8565 (stop at 0.8545) Our profit targets will be 0.8615 and 0.8625 Resistance: 0.8595 / 0.8610 / 0.8625 Support: 0.8565 /...
A #long trade opportunity recently presented itself on the #europound (#EURGBP) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.85253 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see price...
OANDA:EURGBP has given a strong upside breakout from previous 4 weeks range. It has been retracing towards fib 50-75% levels where we can look for buy side setups.
eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620
Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H1 & H4 time-frame - Price is currently at a 78.6% Retracement level from Previous Low-High - Price action should bounce between both Supply-Demand Zones - Price is entering a Demand Zone (Yellow Zone) - Aiming for the next Supply Zone (Blue Zone) at a 61.8% Fibo retracement & resistance...
EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
EURGBP has recently bounced from a major support level on the 4-hour timeframe, with the RSI indicator confirming oversold conditions. Additionally, COT data indicates a significant number of financial institutions holding short positions on the GBP. All signs point to a potential bullish trend for the EURO. 📉 Expectations: We anticipate the pair to re-test key...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill that huge imbalance lower and then rejects from bullish order block. Like, comment and subscribe to be in touch with my...