eurgbp demand zone,no bostook a chance on this setup
basically there was no bos
price was bearish ,am expecting a corection to the upside
EURGBP trade ideas
EURGBP longlong trade, 2x RRR. EURGBP is about to turn the corner. I have an edge on the market. It is as though I get insider info directly from the charts when I read the charts like an insider because I can tell what the institutions are thinking in their mindset. Even if I don't always read it exactly, I absolutely am inside the brains of the big players, and they can't hide from me because their actions are telegraphed right there in the charts.
EURGBP 92% Winning Rate++. 638$ Profit running.Entry and targets on chart. Back to back 2 trade possible here. Use money management and trail your sl.
EURGBP TradeEURGBP Buy Trade according to liquidity sweep. EURGBP has already liquidated buyers now there are huge chances that it would pump.
EURGBP Wave Analysis 10 December 2024
- EURGBP under bearish pressure
- Likely to fall to support level 0.8200
EURGBP currency pair under bearish pressure after breaking the support zone between the key support level 0.8265 (which stopped previous waves iii, (i) and i) and the support trendline of the Descending Triangle from November.
The breakout of this support zone accelerated the active impulse waves 3 and v – which belong to the impulse wave (3) from January.
Given the clear daily downtrend, EURGBP currency pair can be expected to fall toward the next support level 0.8200, the target for the completion of the active impulse wave 3.
EURGBP - Short from bearish OB !!Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB.
Fundamental news: On Thursday (GMT+2) we will see results of Interest Rate on EUR, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
EURGBP: 1H - Bullish MomentumTechnical Analysis:
Trend: EURGBP is in bullish momentum, supported by the breakout of the last higher high (HH).
RSI Sync: RSI is aligned with the bullish trend on 1H TF, confirming momentum.
Double Bottom: A double-bottom pattern is visible on the 4H timeframe, supported by RSI divergence, further strengthening the bullish case.
Entry Strategy:
Entry Point: Buy at the breakout of the last higher high (HH) price.
Stop Loss (SL): Place below the last low for risk management.
Take Profit Levels:
TP1: Near-term resistance or structure level.
TP2: Next major resistance above TP1 to maximize profits.
EURGBP buyno sellers volume at the bottom. its just looks bearish.
the last move just to grab liquidity
will go up
EURGBP in accumulation Phase, getting ready for a swing upwardThe big players are now in accumulation phase, where they are picking up the liquidity at the bottom of the range (as drawn above). We will be accumulating the positions along with them during this time, getting in at the bottom.
This phase is expected to last for another half day to a full day. Then, we ride the pair to our profit target, and thank our driver, as we are a hitch hiker on their big move.
EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.83000 zone, EURGBP is trading in a down trend and currently is in a correction phase in which it is approaching the trend at 0.83000 support and resistance area.
Trade safe, Joe
EURGBP: Triangle Formation Hints at a Bearish BreakoutEURGBP appears to be forming a triangle, suggesting the potential for downward movement. Consider short positions after Wave E completes and a confirmed break below Wave B occurs.
EURGBP zonesBuying from this zone liquidity taken, valid order block and potential bias change.Targetting sells order block for tp
Weekly Analysis - EUR/GBP"On Monthly:
Last month November, it made a Bearish Engulfing Candle and break through S. 0.83400.
For December, it made a Doja so far and it seems there is a weak Bullish divergence compare to RSI.
EMAs are split, 200 shows Bullish while 20 & 50 are Bearish.
-- On Weekly:
The Bearish move seems is strong and continues.
All Three EMA, 200, 50 and 20 are above the price.
However, it is inching towards 52 Weeks Low (Yellow Dotted line) after S. 0.82900.
However, 0.82900 is a Psychological and Historical number as well as 52WL.
--On Daily:
It doesn't give much more data than what we know from Monthly and Weekly.
All three EMA 200, 50, and 20 are above the price.
However, you can still see the sign of reversal as it created a Hammer candle formation at a very strong Support 0.82900.
-- On Hourly:
Price is bouncing around 0.82900. Because at the higher time frame we have noticed a Bullish Divergence, price will go up, but not significantly. Perhaps around the neck of Double Top formation (Blue) and nose down back to Daily trendline.
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EURGBP PRINTING REVERSAL DOUBLE BOTTOM Technically:
EURGBP is printing Double Bottom
EURGBP is printing Bullish Divergence
Sentiments:
EURGBP is 85% bullish
