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Eurgbpanalysis

From breaker to fill the liquidity voidThis market structure printed a short pullback to the order block and created a 0.85933 swing high, price fell all the way down to the 0.84928 low. Price aggressively pushed to the upside in a strictly bullish move to make an internal liquidity grab, then pushed up to the breaker. The breaker led to a breaker block which now gives us the current price at 0.85820. Price is already headed to fill the liquidity void, anticipating a liquidity sweep from this ongoing bullish move in order to activate sellers to give us a strong bearish market to the supply at 0.85184…
by tokelohomi
Will 0.84 Provide Buying Opportunities??This pair is currently locked within a long-term range on the Monthly charts, spanning from 0.82 to 0.92. Our current path is leading us downwards, inching closer to the lower boundary of this range, which is setting the stage for nice buying opportunities. We a Weekly BUY/DEMAND zone that was created in Aug last Year, starting at 0.845. Additionally, a weekly resistance level is identified at 0.84. Zooming into the daily charts we can see the target areas more clearly see image below I will be waiting for a signal on the TRFX indicator within the 4-hour to 8-hour timeframes as we approach the 0.845 and go below. Stop loss will depend on the entry price of the trade. As for target for this concept, the first target will be at the 0.865 resistance level. This area might also present an interesting opportunity for more selling as its a nice resistance area and will be the newly created Weekly SUPPLY/SELL area if we break 0.85, if selling comes in here again then we will likley be heading towards 0.82 bottom of range. Should price successfully break the 0.865 resistance , then a climb towards 0.885 is on the cards . Then focus might shift towards the top of the range. I will keep you posted on the idea as it progresses Hope you enjoyed the read!
Long
by TheFxAce
13
EURGBP LONG TERM BUYING IDEAHello Traders In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EUGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
EURGBP VERY BEARISHhello traders honestly i did not find this my self it was idea of @VasilyTrader after watching his video about eurgbp i decided to hop on the chart and i found that the price formed a head and shoulder with a broken retested neckline on the daily tf . @VasilyTrader Latest video provides more signs that the price may be heading down i recommend everyone to go watch it for somegood educational content and extra convincing as he does analysis of the 4h tf and the 1hr . i also recommend to drop a sub this guys content is gold and really helped my trading career forever grateful to him. this is no ad trading view dont ban me pls thx
Short
by xAB777
DeGRAM | EURGBP price deceleration EURGBP is approaching a major resistance level and dynamic resistance. The market dropped from this level twice. Price broke out of the descending channel and started decelerating while approaching the resistance. The market printed a bearish harmonic pattern, which adds more confluence to the level. We anticipate a sell off and bearish move since price action in the consolidation phase. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
5
EURGBP - AMD Confirmation ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower. Fundamental analysis: This week on Thursday will be released Bank Rate on GBP, which was forecasted to increase, this means strength in currency, so it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURGBP Long BullishThe EURGBP long bullish idea is supported by two key technical indicators: DOW breakout and bullish divergence. DOW Breakout: The EURGBP currency pair has experienced a breakout based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakout in the DOW can potentially impact the EURGBP pair, indicating a shift in momentum in favor of the bulls. Bullish Divergence: In addition to the DOW breakout, there is a presence of bullish divergence in the price action. This occurs when the price makes lower lows, but the corresponding indicator (such as RSI or MACD) makes higher lows. It indicates that the selling pressure is weakening, and a bullish reversal might be on the horizon. Combining these two technical signals, traders might consider taking a long position on the EURCHF currency pair, anticipating further upward movement in the exchange rate. However, it is essential to perform further analysis and risk management before executing any trades. Traders should also be aware of potential risks, such as unforeseen market events or changes in economic fundamentals that could impact the currency pair's direction. As with any trading idea, it is crucial to consider your own trading strategy and risk tolerance before making any decisions.
Long
by MAAwan
7 Dimension Analysis For EURGBP 😇7 Dimension Analysis - Daily Time Frame: Identifying Potential Reversal Opportunities 1: Price Structure: Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, but weakness is evident with an inverter hammer and a doji candle formation. Inducement is completed, and the price has changed its character. A liquidity sweep has occurred with no pullback yet. Demand area and weekly support are defined, providing a strong foundation. 2: Patterns: 🟢TREND LINES: Multiple angles and horizontal lines indicating potential support and resistance levels. 🟢CHART PATTERNS: Double bottom pattern with a fake breakout. Rectangle pattern already broken. A fake out occurred at the bottom. 🟢CANDLE PATTERNS: Inverted hammer with multiple long wicks. Doji candle formation. A record session count with 6 consecutive sessions showing proper higher high closings. Change in guard pattern completed. Inside Bar pattern with the last two sessions forming an inside hammer and an inside doji. 3: Volume: High volume at the start of the swing, but currently low volume. 4: Momentum UNCONVENTIONAL Rsi: 🟢 Sideways to bullish . 🟢 Range shift from Bearish to sideways. 5: Volatility measure Bollinger bands: 🟢 Squeeze breakout occurred, but unable to sustain. Now, middle band support will decide further direction. 🟢 W formation completed, suggesting a move towards the target. 🟢 Dual band derivation 1 supported. 6: Strength ADX: Bulls are currently in power. 7: Sentiment ROC: The rate of change indicates that EUR is stronger than GBP. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Entry Move: Corrective wait till Choch ✔ Support Resistance Base: Third Higher Low (3rd HL) May push prices into trigger area ➕ FIB: Trigger event activated ↕️ Trend line breakout: Wait for confirmation. after breakout we will wait price can finish corrective move ☑️ Final Comments: Waiting for the completion of the corrective move. 💡 Decision: Patience until the price completes its correction. 🚀 Entry: 0.8591 ✋ Stop Loss: 0.8499 🎯 Take Profit: 0.8755 😊 Risk to Reward Ratio: 1:3 🕛 Expected Duration: 10 days.
Long
by Optimum369
EURGBP - Short after filling the imbalance ✅Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I see price to reject from bearish order block + institutional big figure 0.86000 after filling the imbalance. Fundamental analysis: Tomorrow we have news on GBP, will be released yearly CPI. If the result is positive, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2