EURGBPEURGBP has been on a downward trend for some days, I expect the downward movement to continue, from currently position, I am expecting EURGBP to move downward and make a new lower low.
Eurgbpsignal
DeGRAM | EURGBP pullback from resistanceEURGBP is moving in an ascending channel between the trend lines.
The chart has reached the upper boundary of the channel and the dynamic resistance, and formed descending tops.
Previous reaches of the resistance level were accompanied by declines.
We expect a pullback to the 38.2% retracement level of the last bullish momentum.
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EURGBP: Targeting a 500+ Pips Move! Swing Buy EurgbpDear 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 months for this pair to hit our target which is 500 pips away from the entry.
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EURGBP : Long Trade , 4hHello traders, we want to check the EURGBP chart. The price has reached a well-defined support level that it has reacted to several times in the past. We expect the price to grow to around 0.85600. Good luck.
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
EURGBP Buy IdeaOANDA: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 0.8620eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620
DeGRAM | EURGBP back into the uptrend channelEURGBP has returned to the ascending channel.
The AB=CD pattern has worked out a reversal of the movement.
The chart reached the resistance level.
We think that the price may correct to the support, which coincides with the 38.2% retracement level.
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EURGBP : Long Trade , 4hHello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
EURGBP : Short Trade , 4hHello traders, we want to check the EURGBP chart. After breaking the uptrend line, the price has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 0.85400. Good luck.
EURGBP Analysis (10th April 2024)
Market Analysis PT2/2 (9th April 2024)
EURGBP Analysis
On the 4 hour Timeframe, Price action has rejected of a 4 hour resistance level, creating a bearish 4 hour Change of character, followed by a BOS. This price action has resulted in a formation of a bearish FVG and a bearish Orderblock as well.
In order for price action to continue shorting, i expect price to pullback into either the FVG or the Orderblock before creating a 15 minute Change of Character to continue shorting.
Should the FVG be tapped and rejected, i expect a sharp rejection off the FVG, not a slow one. If a slows rejection shows up, highlikely hood for price action to fill the FVG and tap in to the Orderblock before seeing some proper rejections.
Make sure to risk less if you do take this set up as there is CPI and FOMC coming up later on during the NY session.
EURGBP Bullish Pattern Pair : EURGBP ( Euro / British Pound )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Fibonacci Level - 61.80%
EURGBP : Long Trade , 4hHello traders, we want to check the EURGBP chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 0.85650. Good luck.
EURGBPPair : EURGBP ( Euro / British Pound )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Consolidation Phase
Completed " 12345 " Impulsive Waves
EURGBP Trade Idea - VideoRegarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity.
On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
EURGBP Trade IdeaThe EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
EURGBP Risky Short!EUR-GBP is making a bullish
Rebound towards the horizontal
Resistance level of 0.85686
And after the retest I believe
We will see a bearish correction !
DeGRAM | EURGBP pullback tradeEURGBP pulled back to resistance and 38.2% fibo levels following a massive sell-off.
Price move is in the descending channel, indicating the bear's dominance.
We anticipate a bearish move since the trend is bearish. It's a simple pullback trade from the reaction zone.
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DeGRAM | EURGBP channel breakingEURGBP is making higher lows and higher highs, with bulls pushing the price higher.
The market broke through the descending channel.
Price printing AB=CD pattern where D point completes right at 141.4% fibo extension level.
We anticipate a pullback to support and continue the trend.
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EURGBP BUY | Day Trading AnalysisHello Traders, here is the full analysis.
Watch Potential bullish reversal levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP
I still did my best and this is the most likely count for me at the moment.
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DeGRAM | EURGBP confluence at major resistanceEURGBP is approaching a major resistance level and dynamic resistance.
Price is in a bearish trend, and it's pulling back against the major trend.
The market printed a bearish harmonic pattern, which adds more confluence to the level.
We anticipate a sell off and bearish move.
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EURGBP BUY | Day Trading AnalysisHello Traders, here is the full analysis.
I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
DeGRAM | EURGBP compression channel breakoutEURGBP is consolidating, and probably it is about a sell-off.
Price move is in the descending channel. making lower lows.
The market is printing a potential AB=CD pattern, and recently it made a sharp move, which is AB leg.
We anticipate a compression channel breakout and retest of the support level as well as a Fibo extension level.
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