EURGBP(
EURGBP) is currently trading inside a heavy support zone(0.8511 GBP-0.8444 GBP)). On the higher timeframe, we can also see a Positive Regular Divergence (RD+) between two consecutive valleys, which could be an early sign of a potential bullish reversal.
From an Elliott Wave perspective, EURGBP appears to have completed its five-wave bearish structure, suggesting that a corrective move to the upside may begin soon.
The key trading level to monitor if EURGBP starts moving higher is 0.8522 GBP.
I expect EURGBP to rebound from the Potential Reversal Zone(PRZ)[0.8484 GBP-0.8473 GBP] and continue its bullish correction, with an initial target around 0.8510 GBP.
First Target: 0.8510 GBP
Second Target: 0.8519 GBP
Stop Loss(SL): 0.8465 GBP
What’s your view on EURGBP? Do you think the pair can resume its bullish trend, or should we expect another bearish move first?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Euro/ British Pound Analyze (EURGBP), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
EURGBP) is currently trading inside a heavy support zone(0.8511 GBP-0.8444 GBP)). On the higher timeframe, we can also see a Positive Regular Divergence (RD+) between two consecutive valleys, which could be an early sign of a potential bullish reversal.From an Elliott Wave perspective, EURGBP appears to have completed its five-wave bearish structure, suggesting that a corrective move to the upside may begin soon.
The key trading level to monitor if EURGBP starts moving higher is 0.8522 GBP.
I expect EURGBP to rebound from the Potential Reversal Zone(PRZ)[0.8484 GBP-0.8473 GBP] and continue its bullish correction, with an initial target around 0.8510 GBP.
First Target: 0.8510 GBP
Second Target: 0.8519 GBP
Stop Loss(SL): 0.8465 GBP
What’s your view on EURGBP? Do you think the pair can resume its bullish trend, or should we expect another bearish move first?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Euro/ British Pound Analyze (EURGBP), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Full Target Done(0.8519 GBP)
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🎁 Free VIP Forex and Crypto Signals, please visit:
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🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน