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Eurgbplong

the price is trading above the Ichimoku cloud EURGBP LongThe 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: 0.85891 Take Profit: 0.86059 Disclaimer: This trade signal is provided for informational purposes only and does not constitute financial advice. Trading in the forex market involves substantial risk, and past performance is not necessarily indicative of future results. The provided entry, stop loss, and take profit levels are based on analysis at the time of publication, but market conditions may change rapidly, leading to losses. Traders should conduct their own research and consider their risk tolerance before executing any trades. We do not guarantee the accuracy or completeness of the information provided, and we shall not be liable for any losses incurred in connection with this trade signal. It is recommended to consult with a qualified financial advisor before making any investment decisions.
Long
by Intraday_Forex_by_Wael
2
EURGBP to find support at market?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 / 0.8550 / 0.8535 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURGBP Long Trade Setup 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 rallying towards the 0.86400 psychological level and possibly testing the strength of the 0.86473 horizontal resistance level. As always, please apply appropriate risk management. Happy trading! #crosspair
Long
by charles-okoukoni
5
EURGBP | Long H1 | Market Exe | Two Zones StoryTechnical 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 from Trendlines Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any major movement will come from supply-demand areas, monetary policies or economic data gyrations. Suggested Trade: Entry @ Area of Interest 0.8540 - 0.8550 SL @ 0.8526 TP 1 @ 0.0.8580 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.8606 Risk-to-Reward @ Approx. 2.63 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Long
by weekendanalyst
EURGBP LONG/BUYEURGBP 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 support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns, representing a long-term position. Ensure you have sufficient margin to manage market fluctuations and implement proper risk management aligned with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: Only enter the trade if it surpasses our entry-level (GREEN LINE ON THE CHART). 2️⃣ Rule 2: Upon reaching Target 1, consider closing some positions or adjusting your STOP LOSS to ENTRY price for safer trading. 3️⃣ Rule 3: After achieving Target 1, refrain from initiating new trades based on the same signal/alert. 4️⃣ Rule 4: If the market consolidates for over 2 days, close the trade and patiently await the next favorable trading opportunity. Feel free to reach out if you have any questions or need further clarification. Happy trading! 📈✨
Long
by Pro-Trading-Africa
1
EURGBP LONG/BUYEURGBP 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 support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns, representing a long-term position. Ensure you have sufficient margin to manage market fluctuations and implement proper risk management aligned with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: Only enter the trade if it surpasses our entry-level (GREEN LINE ON THE CHART). 2️⃣ Rule 2: Upon reaching Target 1, consider closing some positions or adjusting your STOP LOSS to ENTRY price for safer trading. 3️⃣ Rule 3: After achieving Target 1, refrain from initiating new trades based on the same signal/alert. 4️⃣ Rule 4: If the market consolidates for over 2 days, close the trade and patiently await the next favorable trading opportunity. Feel free to reach out if you have any questions or need further clarification. Happy trading! 📈✨
Long
by Pro-Trading-Africa
EURGBP LongMARKET PHASE OANDA:EURGBP is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 0.85773. Price has retraced back to this level to meet the demand multiple times and is met with extreme buying pressure. We can now expect a strong push upwards in the direction of the larger trend. TRADE I've entered my long position on OANDA:EURGBP as follows: Buy Limit: 0.85773 Stop Loss: 0.85733 Take Profit: 0.85853
Long
by Mankz
1
EURGBP I Analysis update & risk management tip Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
EURGBP / LONG TRADE IDEA✅💡Hello Traders! I'm looking for a long trade on EURGBP. I see that FVG is partially closed, I expect it to be fully closed and after that, I will look for a long entry in case of confirmation. Also, it could be a good opportunity to look for long trades in a smaller timeframe. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. ____________________________________ www.tradingview.com
Long
by GoodTradeST
EURGBP I Potential rising trend and 50% fib rejectionWelcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
8
Buy EURGBP Bullish PennantThe EUR/GBP pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of the prior uptrend after a brief consolidation phase. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 0.8576, positioned near the support line of the pennant. This offers an entry point close to the perceived continuation of the uptrend. Target Levels: Initial bullish targets lie at the following levels: 0.8616: This represents the height of the pennant, measured from the top trendline to the bottom trendline, projected upwards from the breakout point. 0.8640: This is a further extension of the upside target, based on the height of the previous price movement before the pennant formation. Stop-Loss: To manage risk, place a stop-loss order below the support line of the pennant, ideally around 0.8560. This helps limit potential losses if the price breaks down from the pennant pattern. Thank you
Long
by KABHI_TA_TRADING
1