The weekly right side is up with a bullish sequence against the .6920 lows from 7/17/2015. The daily right side is up with a bullish sequence against the .8272 lows from 12/13/19. The 4 hour right side is up with a bullish sequence against .8561. While above there the pair can see a turn higher. Short term signal @87.14- 87.04 TARGET : 87.94 STOP LOSS:...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8744). 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...
The weekly right side is up with a bullish sequence against the .6920 lows from 7/17/2015. The daily right side is up with a bullish sequence against the .8272 lows from 12/13/19. The 4 hour right side is up with a bullish sequence against the .8287 low. While above .8567 where the hourly right side is up the pair can see a turn higher.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8769). 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...
CONFORMATIONS: 1. H&S Daily 2. Hit Fib 50-61% level 3 RSI Divergence 1h/4h 4. break trendline/retest 5. 21/8 crossover 6. break pivot points level
CONFIRMATIONS: 1. Hit fib 50-61% 2. break trendline/ retest 3. 21/8 crossover 4. forming H&S 5. RSI Divergence 1h/4h
BEST OPPORTUNITY NEXT WEEK INCHALAH Analyse basé sur la wave theory
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8441). 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 above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8478). 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 above the 21-Day WEMA which acts as a dynamic support....
The pair ended a cycle in wave (1) at .8276 where the 4 is turning up. While above the .8421 lows where the hourly right side is up it can see a bounce correct the cycle from the .9331 highs from 8/12/2019 where the daily is turning down.
MAY BE IT CAN BE A GOOD TRADE
we cn see a small retracement in down side for eurgbp