EURGBP

#76 - December 08, 2019, 11:13:45 AM

Eur / Gbp weekly chart In the weekly

chart of Eur / Gbp Pair it is seen that the price has entered the fresh demand area which is formed from a long shadow pinbar and is currently at the price level 0.84170 until yesterday's weekly closing. My assumption is that we can take advantage of buying momentum in that area after a bullish engulfing price ation occurs in a small timeframe

H4 Eur / Gbp chart

As we all see patterns in chart H4, prices narrowing (compression liquid) where the pattern narrows the scope of prices. We can use the moment buy at least up to the area above the trendline like the picture below.

Signal recommendation
Buy at the price of 0.84170
Take profit 0.86100
Stop loss at 0.83100
For longterm about 2 weeks ahead

Posts: 207 · #77 - December 23, 2019, 11:14:21 AM

My short naked trading EUR/GBP TF M15 choose SELL by determining risk reward / SL and TP 1 : 2.
The reason is the seller's push is strong enough and forms a candle with a long tail.
Scenario EUR/GBP
SELL 1.85381
TP 1.85080
SL 1.85540

Thank You

Posts: 527 · #78 - January 12, 2020, 11:09:08 AM

EurGbp FLAG PATTERN

Technically, the EurGbp pair is making corrections and forming a flag pattern like the image below, that means we already know that the buy option is the best.
The right range for the buy option is in the price area of 0.84300 (Fibonacci 50.0%) to 0.84700 (Fibonacci retracement) with the target in the area of Fibonacci 1.618% at the price of 0.87700 to coincide with the SBR area.
For stop losses we can place it in the 0% Fibonacci retracement area or around the price of 0.82700 and for risk per trade always use 2% of the capital.

Posts: 1025 · #79 - January 27, 2020, 06:45:20 AM

Analysis EURGBP H1 timeframe
indicator Bollingerband periode default mt4
RSI periode default
right now EURGBP potential to buy only because the price has been breakout middle band and close at middle band H1 timeframe,and we can buy this pair after retrce at middle band and start to buy and i predict this pair will continue rise up till resistance 0.85235 and below i add picture based on my analysis,thanks

Posts: 527 · #80 - February 09, 2020, 07:38:40 PM

Eur/GBP currently at the daily timeframe is seen forming a conical pattern like a triangle but it looks like the price will continue its existence upwards to form the 3rd wave as a refinement of the rising trend. But if you don't think you can wait until the trendline breaks above to open long positions. Around the price of 0.85400 and after the break then correction is where we can open buy.

Posts: 9575 · #81 - February 27, 2020, 03:38:18 AM

In accordance with my estimation yesterday it turned out that EURGBP continued to go up and it was just right with the target I had set. Well for today I think there is a possibility this pair will go down because if I see the price is too high and on TF H4 EURGBP when this is forming a supply area, so it is likely that this supply area will inhibit the movement of EURGBP to continue to rise. So I think it's worth selling options for EURGBP today with a target around the price of 0.8375

Posts: 454 · #82 - April 29, 2020, 02:47:22 PM

Yesterday's daily eurgbp is in a bearish doji but today it looks like the price is reversal and it is likely to continue to rise. We will wait for a correction at the price of 0.87000 on tf h4 and h1 there is a qml area and at m30, m15 we will open long positions at 50% Fibonacci

Posts: 454 · #83 - April 30, 2020, 11:28:48 AM

Yesterday's daily eurgbp was closed bullish and now the candle is running bearish we will wait at the price of 0.87400 to open sell with the target at the price of 0.86800

Posts: 364 · #84 - May 02, 2020, 08:45:19 AM

Eurgbp is still bullish MA5 daily shows the trend is still strong going up we will focus on buying in the price area on the green line 0.875xx and 0.872xx

Posts: 364 · #85 - May 04, 2020, 10:59:03 AM

Daily MA5 on the eurgbp pair is still bullish so our focus is just sell because it seems to be going down when there is demand on his left at the following price levels 0.883xx, 0.882xx, 0.880xx

Posts: 364 · #86 - May 06, 2020, 09:18:18 AM

Daily eurgbp seems to be still bearish and now when correction becomes our focus is to sell it at 0.87356

Posts: 454 · #87 - May 07, 2020, 06:33:08 PM

Eurgbp is in a downtrend, wait until he forms a new high for correction and can open sell at 0.8600. or can be in the purple line area and must use stop loss and take profit realistic target trendline below

Posts: 364 · #88 - May 08, 2020, 11:28:46 AM

Eurgbp will continue the rising trend but wait until it enters the demand area and in the area below the trendline so that the risk of entry is small at the price of 0.87100.

Posts: 339 · #89 - May 11, 2020, 12:36:35 PM

For the pair eurgbp, the area is still above BB20, which means we will focus on buying at 0.87600 because the price is facing downwards, but we must also pay attention to the candle pattern

Posts: 527 · #90 - May 11, 2020, 08:28:23 PM

The eurgbp pair is still running going towards demand and our focus is buy because globally the price will still go up we focus on the price of 0.87600 for the target can be set alone