Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8595). 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...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.8794). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURGBP is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
The Euro Pound is based on strong support in the monthly time, which will increase the price to the daily resistance. Our team's advice is to be patient and enter the sales in the daily resistance according to our team's signal. Note that when your trades are profitable, be sure to save profit and risk and do not wait to reach potential targets, because the price...
Second Chance Trade Setup summary: Profit targets= 612 = {TP2 = 57 + TP3 = 105 + TP4 = 160 + TP5 = 290} Stop Loss = 136 pip Reward/Risk > 4.5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (0.9000) again. if so, traders can set orders based on Price Action and expect to reach short-term...
this currency pair has been in a good upside pattern, and currently forming a ascending triangle with in a symmetrical triangle. at good levels to go long in between .90100-.90200 with a sl below .89700 for good upside.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8918). 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. ....
EUR/GBP made here a bearish Elliott wave. I have applied the moving average also to forecast the trend. In the fifth wave, there is a symmetrical triangle . After the ABC correction, there is a hurdle at 0.8930 . Right now, the trend is moving under the hurdle . It is a bearish Elliott wave pattern. Therefore, it will fall more up to the target of 0.8816...
analysis mentioned on the chart
buying opportunity on major trendline and support with bullish engulfing
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...