EURGBP Analysis H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurgbpidea
EURGBPPair : EURGBP ( Euro / British Pound )
Description :
Completed " 1234 " Impulsive Wave at the Lower Trend Line of the Corrective Pattern " Rising Wedge " in Short Time Frame. It will Reject from the Fibonacci Level - 61.80% or Previous Resistance Level forming Triple Top
Entry Precautions :
Wait for the Proper Rejection Price Action
EURGBP I Pullback and continuation Welcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
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EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Short Term Buy IdeaH4 - Bullish trend pattern followed by a double wave correction.
Price respected a strong support zone and bounced higher.
Most recent downtrend line breakout.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hokd my short term view remains bullish here.
EURGBP a break out could change everything very intense scenario going on eurgbp at the moment
analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline .
but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr .
the neckline of the double to in daily is also accompanied with 100 and 200 moving averages if the price manages to break all of them without a doubt we will see a bearish move
EURGBP Analysis D1Here is my analysis for EURGBP on D1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BluetonaFX - EURGBP Ascending Triangle LONG IdeaHi Traders!
There is an ascending triangle formation on EURGBP, and there is a possibility of a breakout to the upside.
Price Action 📊
The market is in an ascending price channel with higher highs and higher lows since breaking above the 20 EMA, creating an ascending triangle pattern on the chart.
We are looking for a resistance break and a close above the 0.87014 level.
Fundamental Analysis 📰
The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low, whereas the market's outlook on the EUR has been recently positive, with the ECB recently raising interest rates by 25 basis points to 4.00%.
Support 📉
0.86604: PREVIOUS DAY'S LOW
Resistance 📈
0.87014: TWO-MONTH HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURGBP Analysis H4Here is my analysis for EURGBP on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Analysis H1Here is my analysis for EURGBP on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP Analysis 23July2023After last week this pair shows a strong bullish, next week there is a possibility of a bearish correction with a target in the SR Flip area where the area is parallel to the Fibo Retracement notation 0.382. the possibility of a strong price will go to the area before continuing the bullish trend again
EURGBP - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum.
Higher highs.
No opposite signs.
H1 - Bullish trend pattern.
Until the two strong support zones hold I expect the price to move higher further after pullbacks.
EURGBP Analysis 9July2023if the price does not fall more than the SnD and can break the bearish trendline, then the trend collapse is confirmed and the pair is heading to a bullish trend. if you see a bullish candle and rejectioan in the form of a doji when the price touches the SnD, this is one indicator of a reversal.
EURGBP 29June2023This pair looks like a reversal, with prices rising through the trendline and CHoCH occurring, it could be that now it is entering a correction period. if you measure the current wave c, it is the same as the length of wave a. there could be a correction a-b-c-d-e with the target D1 resistance area which is also in the fibo extension area of 1,618.
20 Reasons For Buy EURGBP🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: The overall structure is bullish, but the current phase is corrective. The low has already been confirmed, and an impulsive move with significant volume and valid momentum candles indicates a potential breakout of the narrow range in the bullish direction.
2:📆Monthly: A sideways to bullish market is observed, with a confirmed low. However, this move also seems to have absorbed liquidity on the lower side. The presence of a doji formation at the end of the candle suggests the need for confirmation.
3:📅Weekly: The market is near the lowest level of the move, and the low has already been confirmed. The price action at this level is at a decision point for continuation or reversal. The strong reversal sentiment is indicated, especially by the consecutive inverted hammers this week, along with the gap-up opening.
4:🕛Daily: The recent price action shows more bullish candles compared to bearish candles in terms of size and count. The previous candle before the lowest point experienced significant volume, indicating profit booking. Today's pro-gap suggests overnight developments in this pair, so the closing of today's candle will provide a clear institutional blueprint.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bearish
6: 2 Pattern Candle Chart: Pro-gap and medium strength closing are significant patterns to consider.
7: 3 Volume: Significant volume observed during sell-off or profit booking candles.
8: 4 Momentum UNCONVENTIONAL Rsi: A shift from bearish to sideways momentum is observed, along with a powerful 5-candle bullish divergence.
9: 5 Volatility measure Bollinger bands: The double bottom pattern at the middle band resistance holds significant importance. Waiting for further confirmation after a volatile move and the formation of this pattern suggests a potential short consolidation phase.
10: 6 Strength ADX: A fight between bulls and bears is ongoing, but bears seem to be weakening due to their long-standing battle to maintain their positions. Fresh and ready bulls can potentially take control from here.
11: 7 Sentiment ROC: Sentiment seems to be the only factor going against the price action and other indicators. Therefore, today's closing is crucial, and it is recommended to wait for the closing or filter the analysis in lower time frames.
✔️ Entry Time Frame: H1
12: Entry TF Structure: Bullish
13: Entry Move: Impulsive
14: Support Resistance Base: Extreme order block support
15: FIB: Activated and trendline breakout
☑️ Final comments: Open a buy entry at the breakout.
16: 💡Decision: Buy
17: 🚀Entry: 0.8580
18: ✋Stop Loss: 0.8514
19: 🎯Take Profit: 0.8758
20: 😊Risk to Reward Ratio: 1:3
🕛 Expected Duration: 15 days
EURGBP Next Possible MovePair : EURGBP ( Euro / British Pound )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trendline and Retracement
Break of Structure
RSI - Divergence
S / R Level
Completed " 12345 " Impulsive Wave
EURGBP Bullish Bias!EUR-GBP broke the falling
Resistance line and while
Struggling, still is making
It's way up slowly so I
Think that we will see
A further move up !
#EURGBP- LONG 600 PIPS SETUP!!!Dear Traders, We have good buying opportunity on EURGBP, expecting EUR to be over the long term view and expecting GBP to be bearish over the next couple of months. Price currently in accumulation phase and it will drop to our 'point of interest' before it moves up.
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Take care and much love!
EURGBP 28May2023in terms of big trend the H4 pair is still in bullish. short analysis that I describe is the analysis if there is a trend correction. as long as the price does not rise higher than the invalid area then the possibility will still be bearish by forming a complex correction wave.
EURGBP (Bearish)Price seems to be consolidating from a Daily perspective on EURGBP & seems to be heading towards the Daily support level.
EURGBP top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP TradingView H1Here is my view for EURGBP on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
