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EURGBP trade ideas

EURGBP ANALYSIS 2.0 🚀 Trade Alert: EUR/GBP Bullish Reversal ABCD Pattern 🚀 We have identified a bullish setup in EUR/GBP, characterized by the following: ABCD Pattern: EUR/GBP has formed a bullish reversal ABCD pattern and reversed from the Potential Reversal Zone (PRZ). Higher Highs and Higher Lows: The pair is currently forming Higher Highs (HH) and Higher Lows (HL), indicating a strong uptrend. Bullish Divergence: Confirming the bullish sentiment. Entry Point: Buy: At the current market price (CMP) Target Prices (TP): TP 1: TP 2: Stop Loss (SL): SL: to manage risk Trade Summary: Buy: At CMP TP 1: TP 2: SL: Trade Type: Long Swing 🎢 Good Luck! 🍀 Stay informed and trade smart! 📊
Long
by Earn_withHassaan
Euro-Sterling Analysis Post-UK Election: Bear Trend ContinuesWe are analysing the euro-sterling daily chart following the UK election. Before the election, the market had broken down from a one-year range. Since the election, the chart has returned to the breakdown point, testing the previous low of 0.8498 from February. The market failed to surpass this level again. This indicates a return to the breakdown point within the previous range, reinforcing resistance at this level and suggesting that the bear trend continues. The initial target is the mid-June low of 0.8397, followed by the December 2019 low of 0.8275. #ForexAnalysis #EuroSterling #ForexTrading #UKElection #TechnicalAnalysis #BearMarket #TradingStrategy Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Short
by The_STA
EURGBP The Target Is UP! BUY! My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8459 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8476 Recommended Stop Loss - 0.8448 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Potential Bullish Reversal! - EGHere I have EUR/GBP on the 4 Hr Chart! Here we see Price has made 2 clear Lows ( Latter Lower than Previous Low ) with a High @ .84579 -Now to bring attention to the RSI Indicator, we can see Price is showing a different picture ( Latter Higher than Previous Low ) -We also have a Double Tap on the Lower Bollinger Bands These events add up to what seems to be a Divergence taking place where Price has made its True Low and RSI indicates its no longer looking to go LOWER!! Now for CONFIRMATION of this Potential Double Bottom Pattern, we NEED Price to Break and Close ABOVE the High @ .84579 and then to Re-test! INVALIDATION of Pattern will come if Price decides to go Lower than our Low @ .83972
Long
by Novi_Fibonacci
2