Bullish Butterfly, Support Level Rejection, Long Trade AnalysisI'm looking for a long trade on EUR vs Great British Pound Also Said as EURGBP. Let's see how it'll going to play outLongby SS_Forex_Trading2
EURGBPCurrent Trend(Upside) TG1 = 0.89695 TG2 = 0.90090 Possible Current Trend Breakout(Short) TG1 = 0.89058 TG2 = 0.88628Shortby Ragnark7Updated 2
EURGBP| BEARISH REVERSALFORECAST: ICHI rejects uptrend and pushing downwards towards the daily trend. Many confluence confirmed DOWNTREND. Thanks to all those who have followed me and liked my post. Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.Shortby ProfitClubFX2
EURGBPUPside Target TG1 = 0.90974 TG2 = 0.91427 For Short TArget TG1 = 0.90244 TG2 = 0.89776 by Ragnark7Updated 4
EURGBP: Bullish SequenceThe currency is grabbing some liquidity now and it will go bullish after that.Longby James_escobar0
EURGBPUpside Target (Upto Resistance Level ) TG1 = 0.92562 Reversal Targets TG1 = 0.91680 TG2 = 0.91245 TG3 = 0.90643 Maintain Stoploss Ratio 1:3 {or As per Convenience}Shortby Ragnark7Updated 2
💡EURGBP Second Chance: Profit=612 SL=136 Reward/Risk > 4.5:1Second 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 targets." New Take Profits: TP2= @ 0.9057 TP3= @ 0.9105 TP4= @ 0.9160 TP5= @ 0.9290 SL= Break below 0.8965 -------------------------------------------------------------------------------------------------- Current Status of First Buy: Total Profit: 463 pip Closed trade(s): 183 Profit Open trade(s): 280 Profit Trade Setup: We opened 5 BUY trade(s) @ 0.8937 based on 'previous Forecast' at 2020.12.01 : Closed Profit: TP1 @ 0.9000 touched at 2020.12.01 with 63 pip Profit. TP2 @ 0.9057 touched at 2020.12.02 with 120 pip Profit. 63 + 120 = 183 Open Profit: Open trade is 0.9007 (current price) - 0.8937 (open price) = 70 pip 4 trade(s) still open, therefore total profit for open trade(s) is 70 x 4 = 280 Technical analysis: . EURGBP is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_ME447
Good Buy in EUR/GBP 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.Longby Dwivedi_VIbhavUpdated 1
eurgbp selleurgbp is currently respecting the down trend line, perfect time to put a sell entry now for a total of 100+ pips all the way down to support lineLongby bj93_111
EURGBP buyEUR GBP has been trading in a decreasing channel post a good 400 pips up move in September. recently it tested and bounced from the lows of June and September, after a pin bar candle on daily time frame, the pair has given a good positive closing next day, post that the pair is consolidating in bullish pole and flag and took support of .618 fibbo level and given a positive breakout and moved back to the descending channel. expecting a good breakout from the channel this time. it will be a good risk to reward ration with possible upside of .90150 .90880 .914 and SL of .885 Longby Dwivedi_VIbhavUpdated 2
💡 Don't miss the great buy opportunity in EURGBPTrading 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. . The RSI is at 75. Take Profits: TP1= @ 0.9000 TP2= @ 0.9057 TP3= @ 0.9105 TP4= @ 0.9160 TP5= @ 0.9290 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_ME227
Forecasting a Future of EUR/GBP with the bearish EWTEUR/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 . But there is a possibility of the double bottom pattern the trend can rise, and it can break a hurdle . If the trend crosses the hurdle, it will hit 0.8960 .by forextidings2