EURGBP Long Position 4HR Chart : In the 4HR timeframe or daily timeframe, The position shows a long movement. We define the Buying Zone
# Expecting price will break the trendline and then it will reach the previous high... # Entry at current price stoploss of 35 pips...!
Hello guys! Guys has per my knowledge EURGBP may move in downward direction.If once it broke that resistance level which is mark in pupal colour.Red colour line is our Stoploss and Green color line is our Takeprofit. Notice:- 1.Trade on your own risk. 2.Guys if I'm wrong or is their any correction in EURGBP chart then please let me know😊😊.
Hello guys i had find this buying setup in 4h timeframe which taking support at trendline and chances to break and move good in upside we have a great opportunity to buy with sl at swing low and tg at channel resistance and plzz do your own analysis before taking any trade on my chart if you feel i am contributing something in your trading journey plzz like share...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8556). . 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 dynamic...
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...
The British pound has reversed directions on Thursday and posted slight gains. Currently, GDP/USD is trading at 1.3759, up 0.16% on the day. It has been a week of sharp swings for the pound. The week started with GBP/USD punching above the 1.39 line, but the pair could not hold on to these gains and fell close to the 1.37 level, before steadying on Thursday....
Trading suggestion: There is a possibility of temporary retracement to the suggested support line (0.8555). . 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...
Entry : 0.83467 SL : 0.82412 TP : 0.89873 If You liked the analysis and if it works for you do reply. It will make my day.
VIEW: EURGBP has been in down trend for a while ; now showing some symptoms in the lower time frame (2hr) as if its ready for a bounce as per Elliot Wave Analysis. STRUCTURE/PATTERN/ Technical Event: # Impulse(1-2-3-4-5)+ correction sequence; # Trendline breakout possibility near invalidation point or near demand zone # Accumulation symptoms near Demand...