EUR/GBP Finally Broke D Trend Line , Time To Take Off ? This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Eurgbpsetup
EURGBP trade idea (FRI - 19/08) : SELLEURGBP has now entered the supply zone.
The suggestion would be to waait it for setup and what where it next breaks to - I am expecting a short to the 30 minute demand.
If it breaks downwards, we could be entering a trade with RR of 3.
Enter at your own discretion.
EUR/GBP: Free Sell Signal Is Ready For You Don't Miss It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP is in sell zone!!EURGBP moving is in long term downtrend. After a monthly close as a bearish engulfing, EURGBP has resumed its downtrend. As per 4H price action, EURGBP has formed another bearish price action for a possible drop with daily bearish engulfer.
Press the like button if you enjoy this content :)
EURGBP - Trade Idea!Lot of other trades and chats I am part of are bullish EURGBP I been on side line eyeing this pair and I think we may have PB trade set up - keeping an eye on that perhaps could be false spike low
Above these resistance area 200 EMA would be your target if we fail bears get in control and I expect us to re-test various support areas as marked on the chart.
TJ
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0759 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE.
Its price is slightly higher than EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2578 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS again.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also EQUITIES is giving a slightly MIXED RISK Tone. VIX INDEXES DOWN. But they can be UP. Also COMMODITIES now shows a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Friday.
- EURGBP PRICE can be UP to 0.8663 LEVEL before DOWN. Then it can be DOWN to 0.8352 LEVEL. Also, the MARKET SENTIMENT may change after today's NEWYORK SESSION. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW- The EUR FEATURE currently stands at 1.0425 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE.
- Its price is above EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2222 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a STRUCTURE and BUY. Before that a RETRACEMENT can come to DYNAMIC S / R LEVELS again.
- Currently the SENTIMENT of the OVERALL MARKET is RISK OFF. Also the EQUITIES are turning a bit red. VIX INDEXES UP UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently the MARKET has a RISK OFF SENTIMENT. So be on the lookout, maybe in the NEWYORK SESSION in the market, maybe RISK ON today is Monday.
- EURGBP PRICE can be DOWN to 0.8489 LEVEL before UP. Then you can UP to LEVEL 0.8584. Also, the MARKET SENTIMENT may change after today's NEWYORK SESSION. Be aware of how the ECONOMIC INDICATORS and MARKET SENTIMENT differ.