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Structureanalysis

EURGBP: What Are You Anticipating With This Volatile Pair?I am a swing trader, as you can probably tell from the timeframes I use in my posts. However, I do believe that EURGBP lends itself better to day trades or position trades, if you can stomach the movement. Considering it has made, for me, surprising reverses just when you think it would push further, I offer a couple of scenarios for both a sell and buy possibility. I do see EURGBP selling further but this is a pair you want to be prepared for movement in the opposite direction as well. Game plan, ready! What would be your move?
by rhashedaw
1
PEPE Deep dive before pumping? To what price?CRYPTOCAP:PEPE Script: A potential deep dive might be on the horizon before the next pump. Right now, it’s forming a structure that looks a lot like the pattern we saw from March to May, which I’ve marked as points 1 to 7. Both of these structures showed up after breaking out from the near-end of a symmetrical triangle. Currently, we’re sitting at point 6. Using Fibonacci retracement, we can estimate how deep the dip might go. Last time, it reached Fib 1.618. If history repeats itself, PEPE could pull back to around 0.00009485. This potential drawback would also break the uptrend line, which could shake market confidence and flush out weaker hands—perfect for accumulating liquidity to fuel a future price surge. I’ve already set a buy order at this level, just in case this scenario plays out. Of course, this is just one potential script among many. I’ll share more as they unfold. Follow me for more insights and updates! 😊
CRYPTO:PEPEUSD
by Harold_123
1