eurgbp reversalThe pair showing reversal signs after rejecting from daily trendline and
making bullish divergence with breakout
EURGBP.1.MINI trade ideas
SWING TRADING 'SET&FORGET'Trades for the week.
I share the analysis on weekends
i trade only that pairs for the whole week.
educational information - plan the trade, trade the plan
Analysis the pairs and marking the direction.
planing the analysis executing it like a robot.
NO EMOTIONS #SET&FORGET
EURGBP SELLGreetings!
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Ascending Triangle PatternChart Type : Candlestick,
Monthly Chart,
Pattern : Ascending Triangle Pattern.
@forex
Bullish View.
Eurgbp
Target : 0.9300, 1.30580+++
SL : 0.84900
Risk is yours and Reward is too yours totally
EURGBP SHORTHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
Don't hesitate to comment if you have any questions or queries regarding this analysis.
EUR GBP SHORTSEPT #4
Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
EURGBP shorts📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
Eurgbp -BuyTrade Idea: buy Signal
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
EURGBP LONGTrade Idea: LONG
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD IN CHART
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
EURGBPFX:EURGBP
As you can see that, EURGBP has created a Trendline resistance in 1Hr Time frame and if it gives breakout then we can plan for buy side. Take retest entry and it is for monday ( 31-07-2023) Plan your trade accordingly...
BuySupport, Resistance viewed. This area any reverse candle forming time entry and this candle SL planing. TIME FRAM 1hr
EUR GBP downside move possibleEUR GBP downside move possible
Sell below the 0.86486
Stoploss 0.87027
Target 0.85409
USD CHF upside move possibleUSD CHF upside move possible
Buying above the 0.86863
Stoploss0.85528
Target 0.89744
EURGBP Short term buying opportunityCondition 1:Day candle retest strong support(red) zone.
Condition 2:Last two months parallel channel (yellow) breakout.
Condition 3:3rd line(blue) represents side long opportunity.
EURGBP Its a High quality trade, Fib level, 50EMA , 14EMA perfectly lining up with pivot at area of confluence. where as price is losing momentum with the long momentum candle. Candle stick pattern showing bearish continuation pattern. This trade can go on until the trend reversal.
use of trailing stop loss would be the best strategy for ending the trade
EURGBP 4 Hour Analysis (3 July 2023)EURGBP 4 Hour Analysis (3 July 2023)
1. The price is in uptrend
2. Also, we can see bullish divergence with
Stochastic
3. price is also in consolidation so, we can wait
for consolidation box break then we can enter
4. If the price breaks the box from low and
also the trendline breaks, then we
can confirm bearish entry but we can wait for
retest then we can enter
EUR/GBP short idea EUR/GBP has rallied on the one hour timeframe after forming a bullish divergence on the chart. It is now back to a very strong resistance zone. The pair is already looking quite stretched and with a strong resistance nearby it is quite likely to retrace from here for a decent trade.
EURGBP BUYSo, here im looking for EURGBP based on a setup, i have found, and testing it too to how it works. Pls trade with your confirmations and stuff.
EURGBP Expectations: UK Inflation and BoE's Decision this Week EURGBP Expectations: UK Inflation and BoE's Decision this Week
On Monday, the pound reached its highest level against the euro in 10 months, at 85.25 pence, as investors await the British inflation data and the upcoming Bank of England decision. However, the currency pair quickly rebounded to the support level of the previous week, at 85.42 pence, but is perhaps now tracking down again.
In recent weeks, the sterling has experienced a rallied against the EUR and USD (particularly against the USD, marking its largest weekly gain since December 2022). This surge can be attributed to economic data suggesting that inflation in Britain is more persistent compared to the United States and Europe. As a result, traders have started factoring in more interest rate hikes from the Bank of England, leading to increased yields on British government bonds and bolstering the pound. Additionally, investors' expectations have been heightened by recent data showing a faster-than-anticipated growth in British wages.
Currently, the pound is down 0.26% against the dollar, trading at $1.278. However, it remains close to the 14-month high of $1.285 reached on Friday.
British inflation data is scheduled to be released on Wednesday. Economists predict that the headline Consumer Price Index will have slightly cooled to 8.5% year-on-year, down from 8.7% in April. However, they anticipate that the core CPI, which excludes volatile food and energy costs, will remain steady at 6.8%. If these figures align with expectations, the pound could strengthen further due to the anticipation of additional interest rate increases by the Bank of England. Nevertheless, any unexpected results could introduce volatility into the market, and perhaps validate the recent rebound in the EUR.
On Thursday, the Bank of England will announce its decision on interest rates, with investors and economists expecting a 25 basis point hike to 4.75%. There is little uncertainty surrounding this decision, so traders will closely examine the bank's forward guidance. Indications of future interest rate hikes are likely to bolster the GBP.
EURGBP 4 Hour Analysis (20 June 2023)EURGBP 4 Hour Analysis (20 June 2023)
1. Price is in demand area
2. We can see the price is in Stochastic Oversold area and
we can see bullish divergence in Stochastic
3. also, we can expect short pullback then
the trend might continue. So, a sudden
bullish movement we can expect.
