EURGBP - LONG - BUYHello everyone, Next week will be very good ! As you can see we are in Uptrend. We had Break of Structure on EURGBP we formed Higher Low. Depends on market open I would love to see my entry at some of the Points of structure as You can see 4h, 1h or 15min. or at 0.84300 with SL at 0.84200 that would be PERFECT for us. On this trade I would aim for 50pips :)
Eurgbplong
A divergence signal and a buying opportunity with EURGBP H4 time frame.
Structure: The downtrend has been broken.
At the support zone 0.84200 - 0.84700 EURGBP formed a divergence signal and broke the key level.
Wait for the price to appear a confirmed retest move and buying opportunity.
The profit target is the 0.85600 zone.
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Wish you all have a good trading day!
Long on EURGBPPotential double bottom on EG. RSI looks healthy and bullish as well. Watch price action (PA) at the blue trendline, which can be your initial TP, and if it is broken, look for the second TP further up. Also, EG has been in a nice accumulation/decision zone (drawn in the rectangle). It's probably time for a move up. Good luck if you play this setup!
EURGBP preparing for jump 125 pips ✅✅✅What we see on EURGBP is quite clear and nice, price getting weaker and weaker as you see, preparing to make new high which already we have seen higher lows,
Sor far we waiting for price to show more Bullish signals and ofc we wait for the price to break our base to up then we prepare for strong and nice setup for LONG
Finally set our 1:6 order and go with new trend ...
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our scenario
Any question comment bellow
@FxShzd
GOOD-LUCK EVERYONE
EURGBP ANALYSISEURGBP is once again testing this support, this 4hr candle will be important and will decide the direction of this pair. If we can get a close below this support we can see a strong bear move to the next support, we might test this support turned resistance before making the move down.
If however EURGBP keeps above this support we might see another move to 0.861 for a continuation of it’s range.
Always wait for market to decide where it wants to go, be reactive of candle closing.