1.Market structure Gets Rejection from Resistance On Daily time Frame 2.There is Bearish Engulfing candle on daily 3.There is formation of double top Pattern on H4 4.there is Divergence In RSI on H4 5.there is divergence in Momentum
Daily: - Bullish M - IC as S&D zone with strong zone in the past - D BOC is not tapped *Expect to retest the strong push (break and retest of that strong zone) Weekly: - 4/4 Weekly criteria *Weekly P&P is active and will maybe go the the weekly TP *Weekly BOC is tapped, waiting how sellers are reacting on that! 4H: - Bullish MS - Correction with 3 leg...
EURGBP 15MIN R:R = 3 DBD ZONE : This zone is calculated by supply and demand method
ICT Trading Price rejected from bullish OB of H4 TF. Price change of structure towards bullish breaking and closing about the swing high of M15 swing high. Set a long trade at bullish OB in M15 taking H4 swing high.
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8563 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8585 Safe Stop Loss - 0.8550 About Used Indicators: The...
EURGBP Short trade during consolidation and rejection of strong resistance level. Nice bearish outside bar. Currency Strenght Meter confirmation. High Stochastic R:R 1:1 and Stop Loss above candle high.
EUR/GBP, it's nice to see a strong buying reaction at the price of 0.85860. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from the...
We looking for buying opportunities as we broke the bearish trend resulting in a change of trend to the upside
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...
This pair will drop roughly about 70 pips, as we see the market just formed a double top. We might see a pullback to 0.8520 at least. Risk management guys
Here I have EUR/GBP on the 4 Hr Chart! Ever since its visit at the Support Zone @ ( .8534 - .8528 ), Price has been steadily making Higher Highs and Higher Lows with the most significant High in the Price Action being Friday's High reaching the Resistance Zone @ ( .8586 - .8581 ) on the release of LOWER than expected NFP numbers for USD ( 175K Actual - 238K...
EUR/GBP is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.85808 1st Support: 0.85636 1st Resistance: 0.86184 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related like the AUDNZD. Any major movement...
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
EURGBP for Short Small Trade showing my ADCB peterns
A price action above above 0.8650 supports a bullish trend direction. Bullish confirmation for a break above 0.8630. The target price is set at 0.8675 (just above its 200-week simple moving average). The stop-loss is set at 0.8560. Building a base on major support, which might support the bullish trend. Furthermore, a break above and slight reversal will support...