Possibility of uptrend According to the behavior of the price in the current resistance range, possible scenarios have been identified. By crossing the resistance range, it will be possible to continue the upward trend until the next resistance range Longby STPFOREX2
The 13 EMA System Explained...We are trying to create a video but my internet is too slow to upload so instead, for now, I will try to teach you using text. Sadly because of my slow internet we can only upload 3-minute videos. That is why it's very difficult for me to explain the trading strategies to the full But either way, we will try to let you know how to trade forex. In this article, we are looking at the power of the 13 EMA system Because it helps you determine if a stock price is under valued or not. In This forex pair using the CCI indicator changed into the 13 EMA You can see that the price of this forex pair is overvalued which means its too expensive. Hence why its a good short position. This is why this forex pair is going to crash!! You should short this pair and take profits. Rocket boost this content to learn more. Disclaimer: Trading is risky please learn risk management and profit-taking strategies.Shortby lubosi1
EURGBP=sellHello guys, I think the support level of 0.85380 has been broken, and the trend is down. 1HShortby sepahramgh112
Heading into 38.2% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.84550 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.84913 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Take profit: 0.84077 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets4
Long Trade For Monday: EUR GBP Long. Please read below. The EUR / GBP is parked very bullishly on W/Bottoms on the higher timeframes but their also exists a bullish H"S" Pattern on the 2HR timeframe. This pattern had already retested the Neckline. High timeframe RSI & Stochastic's are also very bullish to bring the EURO out of Ovesold territory and rally hard agains the Pound. I will buy the breakout of the trendline in the chart attached. Cheers, easy_explosive_trader. Longby Easy_Explosive_TradingUpdated 222
EURGBP Bearish TrendPrice have been touched FVG zone and now is in down trend progressShortby CryptoSeniorTrading1
EURGBP Set To Fall! SELL! My dear followers, This is my opinion on the EURGBP next move: The asset is approaching an important pivot point 0.8432 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8427 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 334
EURGBP-NEXT WEEK 9-SEP-2024 TO 13-SEP-2024Currently, the market is forming a Head and Shoulders pattern, which suggests a potential reversal. On the 1-hour timeframe, a Cup and Handle formation has been identified, but the breakout isn’t strong enough yet, and a retest hasn’t occurred. However, volume confirmation on the 4-hour chart signals that the breakout may be imminent. On the 15-minute chart, we see a triangle formation, but we are waiting for a retest to confirm our entry. The area of value lies below the resistance zone, which we will use to define our risk levels after the retest. I am using Fibonacci retracement on the 4-hour chart to define the take-profit target. At the moment, there are no major obstacles like significant support or resistance levels on the way, which aligns well with our target. The stop-loss is set 10 pips above the resistance on the 4-hour chart, giving us a well-protected position. The risk-reward ratio (RRR), which is calculated at 2.11, making this trade attractive in terms of risk management.Longby dannyqaq1991111
EURGBP LONGEURGBP Long potential EUR is undervalued against GBP price has hit the demand level and reacted to it seasonality is bullish for the near future take profits would be taken on next supply level Trade safe Longby Alhalawi1
EURGBP- BullishBullish Divergence on RSI appeared on 4 hr chart and formation of HH. The instrument gave bullish breakout of downward channel with huge volume. EURGBP will face another resistance as downward trend line. If bulls gets strength, breakout of the trend line will be possible. Entry after breakout of the trendline and previous LH.Longby ALIHAMID221
EURGBP => Consolidation phase towards the trendHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84500 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84500 support and resistance area. Trade safe, Joe.Shortby JoeChampion3316
Watch out as EURGBP net short positioning is reversing quicklyLeveraged money net positioning is reversing from extreme short levels in EURGBP futures. We do acknowledge the UK's recent positive political momentum amid political turbulence in the EU, however we believe the effect is in the price. On top of that, our fundamental macro model is slightly bullish EURGBP, certainly not indicating a further drop from these levels. This might indicate a rally in EURGBP towards 0.86 after a recent 2 standard deviation selloff. Longby bearwhispering1
EUR/GBP LONGRetest of 0.84000 towards the upside, believe it will form a right shoulder testing 0.85200 before heading down to 0.84000 again. TP at 0.84900Longby NottsNumbersUpdated 1
Eurgbp will raiseReasons for buy 1:it cleans fibo 0/78 2:cames from good supply area lets see what will happenLongby zahrakhezerlou72Updated 2
EURGBP - BUYHi guys, I hope y'all well🙏 Take a look at my setup and tell me this counter-internal trend (bullish) will likely be respected as it stands. 💹💰Shortby themastersfxtraders3
EURGBP - Inverted Head and ShouldersHello Traders ! The EURGBP reached a strong support level and failed to break it ! The price formed an inverted head and shoulders pattern. At the moment, The neckline is broken ! So, I predict a bullish move 🚀 ______________ TARGET: 0.84870🎯Longby Hsan_BenhmedUpdated 5518
Market Analysis: EUR/GBP Eyes GainsMarket Analysis: EUR/GBP Eyes Gains EUR/GBP is gaining pace and might extend its upward move above the 0.8440 zone. Important Takeaways for EUR/GBP Analysis Today - EUR/GBP started a fresh increase above the 0.8420 resistance zone. - There is a major rising channel forming with support near 0.8425 on the hourly chart at FXOpen. EUR/GBP Technical Analysis On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8400 zone. The Euro traded above the 0.8420 level to move into a positive zone against the British Pound. The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8440. There was a clear move above the 50% Fib retracement level of the downward move from the 0.8467 swing high to the 0.8399 low. Immediate resistance is near 0.8440 or the 61.8% Fib retracement level of the downward move from the 0.8467 swing high to the 0.8399 low. The next major resistance for the bulls is near the 0.8450 zone. A close above the 0.8450 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8465. Any more gains might send the pair toward the 0.8500 level in the coming days. Immediate support sits near a key rising channel at 0.8425. The next major support is near the 0.8400 zone. A downside break below the 0.8400 support might call for more downsides. In the stated case, the pair could drop toward the 0.8365 support level. Any more losses might send the pair toward the 0.8340 level in the near term. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen116
EURGBP is BullishPrice was in a downtrend, however the matured bullish divergence indicates that bulls are assuming control of the price action. If the momentum sustains then we can expect a bullish rally as per Dow theory. Moreover, previous lower high is successfully broken and a higher high is printed instead further validating bullish control. Targets are mentioned on the chart. Longby Fahad-Rafique111
Uptrend Due to the breaking of the resistance trend line, it is expected that the price will stabilize above the support range and then continue the upward trend. Longby STPFOREX1
EUR/GBP "CHUNNEL" Bullish Robbery Plan on Long sideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist EUR/GBP "CHUNNEL" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 2
EURGBP ASCENDING TRIANGLE TRADERight then, can see we have come to a major level of significant resistance and we are seeing bearish pressure as a reaction to it (has been of significance for a while so other people will look to trade this level aswell). If i see alot of bearish pressure i will be entering as other traders will do the same and bring down price in favour Shortby TheGoldRoom222