EURGBP Buy Trade (My View)This Is A Juicy One, Buy $ Forget Type of Trade!!! Looking For A Trend Break Here With This Pair... TP 1 $ 2 Yellow Lines.... SL Indicated On Chart!!!
Eurgbplong
EURGBP Trend ReversalEuro has been in a downtrend against Sterling for quiet a while. However, right now the price is consolidating near a very strong historical support, we can wait for a breakout of the upper trend line or a bounce off the lower trend line to place a buy order on EURGBP
Is EURGBP turning around ?? week of 15 Mar, 2021This pair has had quite a decline for the past 6 months as evidenced by my daily chart below. IMO this is likely to change soon.
As the H1 chart above shows, we had a few days of consolidation (shaded box) and earlier today it broke out impulsively to the upside. Price has now returned to retest the breakout level (0.8579) and I do expect a continuation to the up side next week.
With a target at 0.8650 and stop below the box, we have a possible +2R trade.
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As always, please use sound money and risk management in all your trades.
EURGBP - Shifting Structure & Momentum Take II (🚀 Long)Hi Traders
The long trade I opened this morning got unfortunately stopped out - looks like a nice stop hunt which took out a good few buyers I guess (stop slightly below the bottom).
I give it another go. RR 1:3 - Mind: I am already -1R on this one, so if it hits TP I make 2R overall.
Stop goes breakeven as soon as price hits 1R profit.
Good luck guys 💪
EURGBP - Shifting Structure & Momentum (🚀 Long)Hi Traders
I have spotted this really nice setup on EURGBP. Nice bottom formed and structure as well as momentum seems to shift.
Based on that I will open a long trade if price re-tests the resistance/support area market as a grey box.
RR 1:2
If price hits 1R profit I will move my stop loss to breakeven.
Let me know what you think :) Good luck.
EUR/GBP BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
EUR/GBP: Daytrade-Preparation
Market-Buy: 0,85700
Stop-Loss: 0,85400
Point of Risk-Reduction: 0,86000
Take-Profit: 0,86660
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURGBP- HIGH POSSIBILITY OF BUYING BY INSIDERS - INTRADAYEURGBP- HIGH POSSIBILITY OF BUYING BY INSIDERS - INTRADAY
EURGBP - Order Block TapWe tapped into a previous order block but the rejection has been small, I would like to see a strong rejection here/below before we get involved in buys to target the buy-side liquidity above the resistant area marked.
EURGBP LONGJust catching the retracement of a downtrend. Price so far has created a Higher High and Higher Low and has been respecting the SP trendline.
EURGBP Potential buy setupSimple price action buy setup could potentially be in play here guys.... If so we will be going long to the TP level on screen.... 8)
EURGBP Quickie! 15M / 2.5Hey Hey Hey!
Let's make some money with EG!
I spotted some good setup:
Entry Level (buy): at 0.86475
Stop Loss: at 0.86379
Take Profit: at 0.86713
With this setup, we are risking 10 pips for the rewards of 24 pips!
Let's see how it goes! :)
Good luck fellow traders!
EURGBP Expects growthOur Demaster Indicator shows the EURGBP buy signal
We placed our Buy order at 0.8624
Hopefully, it will at least hit our first target
#MS
Demand zone retest and reversesince there was a strong rejection, I believe the market will head down once more to collect more orders on the demand zone and reverse back up.
My final target would be a little bit above the 50% of the weekly range
EURGBP - Long Idea1 POSITION:
Buy EURGBP at 0.86560
SL: 0.85060
TP: 0.88560
2 POSITION:
Buy EURGBP at 0.86060
SL: 0.85060
TP: 0.88560
LONG EURGBPLong EURGBP @ 0.86
TP: 0.88
SL: 0.85
EURGBP has bounced nicely off the 0% fibbo level (0.85390) which suggests that the low is in place for now. Im looking for a correction or retracement that will take us up to the 50% fibbo resistance or 0.88 level. GBP has been very strong of late however I think it has run out of steam up here and we are starting to see better sellers of the Sterling. USD is still relatively week thus I stay out of EURUSD and trade EURGBP instead. If the US dollar does decide to turn and find buyers, it will drive down GBP and as a result help out our EURGBP position.
This trade offers a 2:1 risk reward ratio.
Goodluck!
Again, eurgbp is not bearishCharts still dont tell me eurgbp is bearish, expecting this move incomming months
Past weeks we had bearish movement purely liquidity trap to remove buyers early sl
Good luck
