EURGBPFOREXCOM:EURGBP - Wait for the confirmation - react from POI - 15M Setup Shortby PhinicsUpdated 0
buys for EURGBPthis pair fell sharply and has now approached a strong support area, i expect to see some buys come in towards 0.86700Longby josephazran1
EURGBP 4 Hour Analysis (1 Jun 2023)EURGBP 4 Hour Analysis (1 Jun 2023) 1. Price is in Demand area 2. MACD divergence found 3. we can see strong bear power, so if price breaks KL2, will go bearish 4. But its the time to get a pull back, also divergence is supporting the bullish move, so expecting bullish, 5. Backup plan point 3Longby rahuldas18598114
SELLI'm expecting EURGBP to reach 0.85177. It broke our channel and we looking see it selling moreShortby MarkertOwl1
Possible Breakdown In EURGBP | EURGBP AnalysisThe current market price of EURGBP is sitting at support area. Considering the previous Daily price action, the price is forming lower highs into the support area which means buyers are not strong enough and sellers are rejecting any jump in price. The current price actions is forming a DESCENDING TRIANGLE, which is a bearish pattern. But it will be activated only when the Daily candle closes below the neckline of triangle, which in this case is the support area of 0.8718-0.869 Once, the daily candle closes below the support range, we can expect price to keep falling till 0.855, unless, the next daily candle closes back above the support resulting in FAKE BREAKDOWN/FALSE BREAKDOWN/BEAR TRAP. HOWEVER, since price is at support, price may bounce. On going to Lower Time Frame of 30 minutes, i see a double bottom pattern which is a reversal pattern. If the pattern breaks out, i expect the price to move up. Falling trendline may act as a resistance, so make sure to book profits before that. CONCLUSION- 1. Price is at support and may bounce. 30 min double bottom has been formed. Breakout of pattern may result in jump in prices 2. If Daily candle closes below the support range of 0.8718-0.869, expect prices to fall till 0.855 Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.by rohitkukreja3
EURGBP Setup in progress , if breakout this go for LongEURGBP testing the trendline while it has already broken in OCTAFX broker , check it out with focus Take a long postion with a risk/reward ration of 1:3 . Also COT data is in favor:- EUR - 163,338 Net positions GBP - 2,398 Net positions While many short positions has been closed in GBP , but it still may go long before a reversal Longby Johnwick_forex117
EURGBP AnalysisOANDA:EURGBP The Analysis of EURGBP Has a potential to break and Move Further. If it Breaks below the support it has a Potential Sells If it Breaks Above the Trend Line it has a Potential Buysby AH-TRADER0
EURGBPprice approach at area of value and made trend continuation pattern and made pullback now it's opportunity to buy Longby DayNightTraders2
eurgbp possibility shorteurgbp possibility short M30 RSI DV VOLUME Decrease. possibility short terms sell with stop losses Shortby uniquemailus123Updated 110
eurgbp after 10 min 15pipafter 10 min 15pip already gives you so in every day i will try to send you the one trade idea Shortby uniquemailus1230
EURGBP MULTI TIME FRAME ANALYSISHello 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... Keep trading ❤️ Hustle hard ✅Longby okako_trading1
EURGBP sell at 0.87947 . Downward movement with Risk:Reward 2.6Hey Traders, hope you all are enjoying our ideas and analysis. Let us discuss EURGBP here. We can observe Breakout from the parallel channel in 30 minutes timeframe. We came up with Sell Trade with Risk:Reward ratio is 2.6 . Sell at 0.87947, with SL 0.88196 and Target 0.87330. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy TradingShortby TanujaKUpdated 1
the psychological aspects of tradingTrading involves managing both the technical and psychological aspects of the markets. While technical analysis and risk management are important, the psychological factors such as discipline, patience, and managing emotions play an equally important role in trading success. Here are some insights on each of these psychological aspects of trading: Discipline: Discipline refers to the ability to stick to a trading plan and to avoid impulsive decisions. This means having the self-control to follow rules and protocols, even when emotions are running high. Without discipline, traders may be prone to taking excessive risks, deviating from their trading plan, or making decisions based on fear or greed rather than logic. To cultivate discipline, traders should create a solid trading plan that includes entry and exit strategies, risk management guidelines, and a clear set of rules for managing trades. Traders should also learn to recognize their own patterns of behavior and take steps to avoid making impulsive decisions. This might involve taking breaks from the markets when feeling overwhelmed, or seeking support from a mentor or trading community. Patience: Patience is a critical aspect of successful trading. In an industry where time is money, traders may be tempted to rush into trades or make quick decisions. However, impatience can lead to poor decision-making, as traders may not take the time to fully evaluate market conditions or consider all available information. To cultivate patience, traders should learn to embrace the idea of waiting for the right opportunity. This means being willing to sit on the sidelines and observe the markets until the right conditions arise. It also means being comfortable with the idea of missing out on potential trades, as not every opportunity is worth pursuing. Managing emotions: Trading can be an emotional rollercoaster, with highs and lows that can take a toll on even the most experienced traders. Emotions such as fear, greed, and anxiety can cloud judgment and lead to irrational decision-making. As such, it's important for traders to learn to manage their emotions and maintain a level head when making trading decisions. To manage emotions, traders should take steps to cultivate emotional intelligence. This might involve learning to recognize and label different emotions, developing coping mechanisms for stress and anxiety, and using mindfulness techniques to stay present and focused during trades. Traders should also be aware of their own emotional triggers and take steps to avoid situations that may cause them to act impulsively. In conclusion, trading is both a technical and psychological endeavor. By cultivating discipline, patience, and emotional intelligence, traders can increase their chances of success in the markets. by Rohit_Fx0
EURGBP longsAnticipating long on eurgbp cuz dxy is in consolidation which leads us to look for crosses And eurousd looks stronger and gbpusd is most likely to trade lower which leads me to go long on eurgbp and price is below daily open and inside the London killzone so i pulled the triggerLongby vjs382442
EURO GBP SHORTEURO GBP SHORT In short range it is giving long and shorts Now making change in market Str.Shortby ddalvi660
EUR/GBP buy ides market after filling the 4h supply selloff heavily broken some significant structures downside left open heavy imbalance above so my idea is just to buy from a point of interest to fill those imbalance then to sell with confirmation. as you can see from the picture that market after filling the 4h imbalance below hold it and show some nice rejection but it is not yet given any significant structures break so wait for that 1h structures break after that look for buying opportunity with lower time frame confirmation. for target i have market a final key imbalance which is 0.89270 if target was filled then look for swing selling opportunity from there with confirmation target for this would be around 0.86912Longby Rohit_Fx1
Following the Continuation For ShortA continued Approach For short seems to be the way all confluences do align so lets see.Shortby Apex_PredEater0
EUR/GBP buy to sell idea market after filling the 4h supply selloff heavily broken some significant structures downside left open heavy imbalance above so my idea is just to buy from a point of interest to fill those imbalance then to sell with confirmation. as you can see from the picture that market after filling the 4h imbalance below hold it and show some nice rejection but it is not yet given any significant structures break so wait for that 1h structures break after that look for buying opportunity with lower time frame confirmation. for target i have market a final key imbalance which is 0.89270 if target was filled then look for swing selling opportunity from there with confirmation target for this would be around 0.86912 by Rohit_Fx1
Long On EURGBP Buy Entry On EURGBP As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Our Trading Strategy Rule.)" "Below All Conditions Are Meet To Take Long Entry On EURGBP" (1) Entry Price - 0.88683 (2) Stop Loss - 0.88493 (3) Take Profit - 0.89234 TIMEFRAME - 1 HOUR Here I'm Going To Explain My Own Strategy Step By Step With The Help Of Word - "CEST - B" Where , "C" Stand For - CONDITION (1) RSI For Long Entry - I Want RSI(14) In Oversold Area(30Level). (2) RSI For Short Entry - I Want RSI(14) In Overbought Area(70Level). (3) Candlestick For Long Entry - Need Bullish Big Shadow candle When RSI Is In Oversold Area. (4) Candlestick For Short Entry - Need Bearish Big Shadow candle When RSI Is In Overbought Area. (5) We Need Regular Divergence If RSI Is Not In Overbought or Oversold Area When Big Shadow Candle stick Form. "E" Stand For - ENTRY (1) For Long - Opening Price Of Previous Candle Of Bullish Big Shadow. (2) For Short - Opening Price Of Previous Candle Of Bearish Big Shadow. "S" stand For - STOP LOSS (1) For Long - ATR(14) Of Bullish Big Shadow + Distance From Entry Price To Low Of Bullish Big Shadow + 2Pips Extra ( Spread). (2) For Short - ATR(14) Of Bearish Big Shadow + Distance From Entry Price To High Of Bearish Big Shadow + 2Pips Extra ( Spread). "T" Stand For - TAKE PROFIT Take Profit Will Be 2.9 Times Of Our Risk Which Means If Our Risk On Single Trade Is 3% Then Take Profit Will Be 8.7% . Risk - Reward Ratio - 1:3 "B" Stand For - BREAK-EVEN (1) For Long - If RSI(14) Reach To Overbought Area We Will Move Our Stop Loss To The Break-Even. (2)) For Short - If RSI(14) Reach To Oversold Area We Will Move Our Stop Loss To The Break-Even. NOTE - Consistency & Discipline Is A Key Element Of Success. Longby Roh_Gupta94Updated 1
EURGBP Next moveEURGBP next possible move is towards the range of 0.86400-86300. Estimated downward movementby 999avinashreddy0