EURGBP Potential Bullish Bat PatternOn the daily chart, EURGBP fluctuated and fell in the short term, and the bears have the upper hand. The current price can focus on the vicinity of 0.8363, which is a potential buying position for the bullish bat pattern, and this position is in the previous demand area.
EURGBP trade ideas
EURGBP SHORT FORECAST Q2 W20 D13 Y25EURGBP SHORT FORECAST Q2 W20 D13 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EurGbp….‘CE of a balanced FVG’Good day traders, EurGbp has been on my watchlist for sometime now and I was hesitant because of the strength shown on DXY and that made me think we’d have a quiet day here yesterday.
With that been said the balanced price range is the grey rectangle shown on the chart and we can see that price showed a rejection by failing to close below the midpoint(CE). On the daily TF we are very much still bullish and till we shift structure lower on the daily TF, my overall sentiment remains. On the 4H TF we have a very bearish leg and from what we know price moves in a trend not a line so that also makes part of our thought process as well.
EURGBP: Shifting to long term bearish.EURGBP is heavily bearish on its 1D technical outlook (RSI = 36.165, MACD = 0.000, ADX = 36.508), and most likely will close the day under its 1D MA50. At the moment it is crossing below the 2025 Channel Up and if it closes under it, we will have a validated trend shift to bearish long term. It will be similar to the August 2024 decline that made a new Low after a 1D MA50 rejection. We first aim for the S1 level (TP1 = 0.83500) and as long as it remains under the 1D MA50, resell on the bounce to the S1 level (TP2 = 0.82500).
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EUR/GBP Bearish Trade Setup – Dow Theory ConfirmationAccording to Dow Theory, EUR/GBP is currently in a bearish trend, consistently printing a series of Lower Highs (LH) and Lower Lows (LL). We’re closely watching the price near its most recent LL (Lower Low) — a break below this level will signal continuation of the downtrend, providing a high-probability trade opportunity.
We’re planning a Sell Stop order below the last low to catch the bearish momentum, with two trades set up using different risk-to-reward strategies.
Trade Details:
Pair: EUR/GBP
Entry (Sell Stop): 0.84135
Stop Loss (SL): 0.84593
Take Profit 1 (TP1): 0.83677 (1:1 RR)
Take Profit 2 (TP2): 0.83219 (1:2 RR)
Lot Size: 0.17
Risk: $200
Potential Reward: Up to $300
Number of Trades: 2 (with 1:1 and 1:2 Risk:Reward)
⚙️ Trade Strategy:
Trade 1: A 1:1 RR setup — quick and controlled.
Trade 2: A 1:2 RR setup — capturing deeper continuation of the bearish move.
✅ Bearish Trend Confirmed via Dow Theory
✅ Entry Positioned Below Last LL
✅ Risk-Managed Dual Setup
✅ Defined Structure-Based Trading Plan
#Hashtags:
#EURGBP #ForexTrading #DowTheory #BearishTrend #SellStop #TradingStrategy #TechnicalAnalysis #ForexSetups #PriceAction #MarketStructure #RiskReward #SmartMoney #SwingTrading #TradingView #TradePlan
EUR/GBP Trade Setup – Fibonacci-Based Bearish Continuation StratEUR/GBP is currently forming a clear series of Lower Highs (LH) and Lower Lows (LL) — confirming a bearish market structure. Using the Fibonacci retracement tool, we’ve identified a key resistance zone aligning with the 50%-61.8% retracement levels, making it a strong candidate for a Sell Limit entry.
We will execute two trades with different risk-reward strategies based on this setup.
📌 Trade Details:
Pair: EUR/GBP
Entry (Sell Limit): 0.84315
Stop Loss (SL): 0.84593
Profit 1 (TP1): 0.84037 (1:1 Risk:Reward)
Take Profit 2 (TP2): 0.83759 (1:2 Risk:Reward)
Lot Size: 0.27
No of Trades: 2
Total Risk : $200
Total Potential Reward: Up to $300
⚙️ Trade Strategy:
Trade 1: Targets a 1:1 risk-reward ratio for a quick, controlled gain.
Trade 2: Targets a 1:2 risk-reward ratio to ride the trend continuation.
This strategy allows partial profit booking while still taking advantage of extended downside potential if the trend continues.
🔍 Analysis Tools Used:
Fibonacci Retracement Levels
Market Structure (LH & LL Series)
Resistance Zone Confirmation
✅ Fibonacci Confluence
✅ Dual Trade Setup
✅ Risk-Managed Entries
✅ Bearish Trend Structure
#Hashtags:
#EURGBP #ForexTrading #FibonacciTrading #SellLimit #TechnicalAnalysis #BearishTrend #ForexSetups #PriceAction #TradingView #RiskReward #SmartMoney #MarketStructure #ForexSignals #TradePlan #SwingTrading
EURGBP...
Technical Outlook:
EURGBP is forming a potential bullish continuation pattern.
I'm watching for a retracement to the demand zone around 0.84807, where a long opportunity may present itself if bullish confirmation appears.
Buy Scenario:
Wait for price to dip into 0.84807 zone
Look for bullish price action signals
Target: 0.87382
Stop loss: Below 0.84740
Sell Scenario (if broken):
Clean break of 0.84807 , followed by retest (pullback)
Target: TRALING STOP LOSS
Note:
This setup is based on key market structure levels and potential reaction zones.
I update my levels weekly and track how price respects them.
For detailed entry points, trade management, and high-probability setups, follow the channel:
@ForexCSP
EURGBP SHORT FORECAST Q2 W20 D12 Y25EURGBP SHORT FORECAST Q2 W20 D12 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP 1DHello traders! As you can see we have BOS 1D and we came almost to our demand! On RSI hidden convergence + OTE + Order Block. From that zone I expecting reversal on LTF.
1. TP - on top we have shadow wick.
2. !!! - From downside we have global fib 0.5 (monthly demand) - manage your risks.
Have a profitable day!
EUR-GBP Local Long! Buy!
Hello,Traders!
EUR-GBP keeps moving
Down but I don't see any strong
Bearish pressure and so as the
Pair is about to retest a horizontal
Support level around 0.8435
We will be expecting a local
Bullish rebound and a move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR_GBP POTENTIAL LONG|
✅EUR_GBP will be retesting a support level of 0.8428
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/GBP DESCENDING TRIANGLE BEARISH PETTERNCurrent Price Action: The pair is hovering around 0.8300, with support near 0.8280.
Bearish Confirmation: A sustained break below 0.8478 could target the 55-day EMA at 0.8455, reinforcing the bearish outlook.
Market Sentiment: The broader trend suggests that the rise from 0.8221 may have completed, meaning further downside movement is possible.
Technical Indicators: Volume contraction within the triangle indicates weakening bullish momentum, increasing the likelihood of a bearish breakout.
Target Levels: If the breakdown occurs, the next major support lies near 0.8221, which was a previous low.
Trading Strategy
Entry Point: Consider short positions if EUR/GBP breaks below 0.8478 with strong volume confirmation.
Stop Loss: Place stops above 0.8527, which is a key resistance level.
Profit Target: Initial target at 0.8450, with extended downside potential toward
Potential Buy Opportunity on EURGBPReasons I think this pair will rise:
- Price approaching previous resistance turned support.
- Bullish RSI divergence on hourly chart
- RSI Oversold on Hourly
- Potential Trend line confirmation with third touch
- Price may rise as it is in the Fibonacci golden ratio.
What do you think?
EURGBP Will Go Lower From Resistance! Sell!
Here is our detailed technical review for EURGBP.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.848.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.838 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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