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Euro / British Pound

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EURGBP trade ideas

EURGBP - Confluent ShortThis idea is for a short on the EURGBP pair from a high probability zone. This area of confluence is the merger of 3 factors. 1. Structure - the .8500 level has acted as both support and resistance since June 24. 2. Trendline - can be observed from August 8th, acting as angular resistance for the downtrend form the recent Supply Zone. 3. Moving Averages - a. 20/50 - with the 20 below the 50 = bearish bias. b. 200 EMA Channel - with price crossing below , we have a bearish bias. 4. Psychological level - the large round number. Look for candlestick formation , showing a rejection of price from .8500 early next week. The Target is the Demand Zone below.
by Umlingo
EURGBP "Chunnel" Bullish Robbery Plan on Long SideMy Dear Robbers / Traders, This is our master plan to Heist EURGBP bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
EURGBP Elliott Wavehello friends In the EURGBP currency pair, we see the formation of a pattern that is very similar to the 5-wave impulse waves. Its waves 1 to 3 have been completed and currently its 4th wave is being completed, which is a zigzag, and its C wave is being completed. Usually wave C has a ratio of 100 or 161.8 fib with wave A. Therefore, we expect the price to decrease to the 161.8 Fibo ratio, which also meets a support. The range of 0.8490 and 0.8440 is considered suitable for entering the trade buy. But the price should not enter wave 1, if this happens, our theory is invalid. Therefore, I personally prefer to enter the trade at 161.8 Fibo. To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
Long
by M_Gheysvandi