Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9035). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Above red line , EURGBP will unfold its 3rd wave.
Price once again nearing long term ( nearly 4 years ) resistance and this time it looks super strong and bullish. The targets will be 0.95000 and expect ATH if breaks with super bullishness.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9145). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Euro against pound pair has seen downtrend during last week, almost it went down 50% from the this month up, now its clearly landed up in the support area , expected this pair will have a bullish week, when GBP goes down, few fundamentals also supports the bearish GBP, so , This pair has a great chance to go up,
Mid-Term Forecast Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.918). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA...
It is clearly forming cup and handle pattern..and it is in buy trend
L ets use this beautiful correction as a Counter Trend Method.. Used Fractal Flow with Andrew's Pitchfork & Schiff Pitchfork Method. Trade With Caution
EURGBP looking bullish after retest down a bit on the support area..
The price has come to a key level of Resistance level where i look for a buy opportunity with SL of 18 Pips and TP of 80 pips. Price has also retested.!
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
EURGBP - 0.91546 by 30th Jul. trade only if stays above 0.91356
Good buy opportunity! 1:3 R:R. Price has retested current support zone