EURGBP Analysis H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurgbpanalysis
EURGBP SetupEURGBP is bouncing from important daily support.
The pair is trading in a steeper bearish channel, we are expecting the consiladation has given enough time for bulls to make a comeback. The price will rise from current levels.
Trade your levels accordingly.
EURGBP BUY ANALYSISPotential Short/Sell on EURGBP
Inverse Head & Shoulder has been formed
Together with Falling Wedge Pattern
EURGBP long IdeaMy view on EURGBP ist long, cause we will see in short time a break of the bearish trendline followed by
an inverted head and shoulder pattern on 4h timeframe.
We can also see that the price going sideways an build a big support for a possible trend change.
So have a eye on this pair.
Happy trading
EURGBP BUY ANALYSISPotential Bullish movement to the upside
Price has broken out of the falling wedge pattern
We will look to take long positions once it breaks the resistance level @0.83550
Our TP1 would be @0.84480
Our TP2 would be @0.85450
EURGBP LONGS 📉📉📉📉 Expecting bullish price action as price takes liquidity below sell side liquididty and weekly lows that means market is due for a bullish reversal on a intra-week perspective, i think we will hit 0.84000 this week and then look for shorts.
What do you think ? Comment below..
Long opportunity on EURGBPfor this week??Share your idea in the comment section about this pair and let's debate
Happy New Year, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
EURGBP Idea H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP - Long Position PendingEURGBP retracing back into demand pool to soak up remaining long orders to create another imbalance momentum upwards. Note: This has already been visited so approach with a 2:1 R:R trade.
EURGBP LongWe're expecting EURGBP to continue trading within the range after seeing two bullish candlesticks on daily closes over the last two days. We took this trade in November expecting a further push but only had a couple of take profits hit. We've now revised this to take profits on the way up to the top of the range. Price is currently trading at bottom of the channel and we can expect this rise to take place over the coming weeks. trading a rejection or false breakout of trendline is the safest entry with the highest probability for this trade. GBP is pushing its limits at the top of momentum meter so we expect GBP to weaken in the coming weeks.
R:R = 1:4:5
GL.
EURGBP Trading The WedgeIn this update we review the recent price action in EURGBP and identify the next high probability trade location and targets
EURGBP LONG IDEAHey guys, this pair is currently at a deep weekly discount. I will be looking for reversal patterns for me to go long on this
eurgbpWe can enter into a purchase transaction at three points
First at this point with sl : 0.83280
The second and third are also specified
EURGBP | Strong Bullish SignWhen it comes to EURGBP , we've seen price tested the previous support zone and bounced back each and every time, which clearly show the signs of demand. Now price is making newer highs. And I'm not seeing enough resistance to hold the price till T1, which is the first exit point you should consider.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EUR/GBP WILL MAKE A NEW LOW BEFORE BULLISHEUR/GBP will make new low from $0.83564 or $0.83639 and invalidation level is $0.83700. We are currently on the 4th wave and we will down for final 5th of (C) of ((Y)).
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#EUR/GBP #eurgbp
EURGBP Idea H4This is my view for EURGBP on H4. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EurGbp approaching strong supportDecember has been a very good month for Gbp, with the currency gaining in almost all pairs and in EurGbp's case gaining around 250 pips.
At this moment the pair is approaching very strong support and we can have at least a correction from that point
I'm looking to buy this pair and with a target of around 0.8450
A break of support would negate this scenario
EURGBP Idea H1Here is my view for EURGBP on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP - LONG RALLY COMINGMy analysis predicts a long rally coming up for EG - up to the 0.85 mark to be precise. This one will chop sideways a little to drink up the liquidity before bulls make a run home. I will be waiting for PA to create new demand zones before entering my 2 or even 3:1 trade here.
EUR/GBP PUSH HIGH BEFRO DECLINEEUR/GBP will go up around $0.8436 to finish the 4th wave as a zigzag and after that, it will break the recent low.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#eurgbp #EURGBP
EURGBPHello Guys, It's From HitProfit Trading Club
EURGBP-
TF: H2
Details on Chart:
Last week, Price Stop Hunt at 0.83600 in Daily Time Frame and back to the TBS Range.
it may hit our 0.618 FIB level. before the drop or long, will make a decision after 0.618 Level
EURGBP BuyThis is my idea on EURGBP Buy
50MA Crossed, expecting retest after touching 200MA, then continuation to rise to 0.85115
What do you guys think?
EURGBP - BuyIts look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
