Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.85499). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Just buy EURGBP... Makes sense to me.
After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish...
buying opportunity on major trendline and support with bullish engulfing
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.
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.!
Good buy opportunity! 1:3 R:R. Price has retested current support zone
Buy EURGBP for a shorter trade Target at 0.8970 SL at 0.8860
Perfect Head and Shoulder pattern formed in EURGBP M15 and M30. Enter Long (BUY) on 0.8910 after the neckline breakout Set SL 0.8860 Set TP 0.8960 Note: This is my idea and let us see how market react
There's a strong resistance here(weekly). So, we can take a nice short here for the target shown in the chart!!! Prices also showing good pullback downside so, it may be a good trade for us !!! Also, last week prices take good upside route and a recovery to downside is strongly expected from here... That's all for now... Follow for more!!! :)