OANDA:EURGBP Bearish Trend Lower highs Descending triangle at 1D support if break below, then continuation of downward trend otherwise invalid setup Thanks
-M top -touched the TL - resistence -4h, 2h, 1h RSI and STOCH div -15 min STOCH crossing Bearish -RR:1:3
still looking for my long entry on this pair look for rejection off the channel
Here is our technical outlook for EURGBP. Our analysis is based on purely technical outlook. According to our drawing EURGBP reached a strong support. Based on our view the price will accumulate. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
targets are respecting Fib retracement levels and here is on of the best chance for bulls to pump price again. This is not financial advice, always do your own research. If you have any questions fell free to ask, you can write it in comments below and I will answer.
It is located at the bottom of the descending channel The pattern of two valleys is being formed I expect it to go back to the middle of the channel, which is a node
Morning traders here's to a new trading week. We start the week with a EURGBP short which has been live since 8:30 UK time POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue...
And so, the price for the EURGBP currency pair is clamped in the range 0.83845 - 0.84250. Today it is planned to recover to the upper border of this range, after which it would be very likely to develop further fall in order to break through the level of 0.83845. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE EUR/GBP. * looking for trend continuation on this pair. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS...
STRONG KEY LEVEL ON EURGBP waiting for news to confirm. GB inflation is reached highest level since 2011 but Bank of England will wait until Feb-2022 before to increase it rates.
Correction is expected to start from the current support range. Otherwise, there is a possibility that the price will reach the specified support level, and then it is expected that the trend will change and we will see an ascent to the specified resistance range.
It formed another double bottom as I expected. 3 green Soldiers now been seen, that is the full confirmation of the buy, very bottom support level gave a big push up. This is a LONGTERM buy confirmed.. hope anyone took this buy. Hold it, watch any reversal happens.
EURGBP is almost ready to reverse but we have 2 potential areas where it can reverse from. The first area is a parallel channel support where price has respected the upper limits a number of time. The second area is a structure level where price has reacted to aggressively. Either of these 2 areas would be great for reversal. Trade Idea: - Watch for the bounce...
Guide: Purple = monthly trends Yellow = weekly trends and SR Blue = Daily trends and SR Green = 4-hour trends and SR - the trend is apparently bearish. it is below Ichimuko clouds, Lagging line is far from candles, which can prove the strength of the bearish trend. - the last candle was able to break through a very strong "monthly" trend line. - this bearish...
Developing double bottom and bullish divergence on 4H RSI. EURGBP is also at the bottom of its current channel.
Can go up before going down. I will update here if my analysis was wrong or correct. "TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Hi there, this pair could go long, so observe the price action.
There’s no question for this since everyone else said will keep going down you mean by crashing. But now EURGBP at the very bottom of the support ; seemed like creating double bottom again,this is a good buy position to buy the dip at the support. Should expect a huge green candle this week. This could be a LONGTERM buy, don’t miss the dip so you will avoid the...