📉Bearish Bias Next Week 📉 🔴Weekly IRL Tagged 🔴Strong H4 Selloff After W-IRL Tagged 🔴Looking to Short into Weekly ERL 🎯Target: 1.2043
GBP - 1.24 Next?! CME:6B1! FX:GBPUSD GBPUSD - 1.24 Next! We've had a great run, I'd still be buying longer term dips on GBP - However, for now I feel a pull back is due and this is great opportunity for us traders to take opportunities of the bull and bear side! Overall pattern, wedge - We've broken to down side the first area of interest to me is 1.24/...
GBP - Month & Quarter End... What a quarter we've had...We do still have plenty of data coming out today. Buckle up! We just had EUR CPI flash coming out lower than expected but the core is in line but today we have another important data print coming out of US - Core PCE Price Index m/m. Which is a key metric the FED are taking into account. Now I don't know...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
British pound futures, the possibility of going down is good, target 12856 stop-loss 13118
6B GBPUSD its forming/completing what it looks to be a three drives pattern. If prices pushes down to the marked area with a green box and shows a reason to enter a trade such as rejection of the area then a long opportunity could be taken. For those that are more conservative, waiting for 1hr bullish market structure would be ideal before entering a trade.
Hello, Risky buys, conformation for buys will be DAY close above balance zone. After it will happen we will share best zones where to buy ( add ) more long in mid-term perspective. ------------------------------------------------------------------------------------- Always look for reactions on this levels before you execute the...
Hello, Our previous trading idea hit all the targets! GU (also EU) now in potential reverse zone, in order to confirm that we need to close a DAY above Balance. But since we are still in BEARISH mood, we will try to take shorts :) ------------------------------------------------------------------------------------- Always look for reactions on this levels before...
Hello, We are still in BEARISH Momentum UNTILL we set above Market Maker Balance Zone, So now we look ONLY for SHORTS from: 1- Market Maker Balance 2- Market Maker Manipulation ------------------------------------------------------------------------------------- Always look for reactions on this levels before you execute the...
This is a continuation of the post on the B pound with new targets. I have one contract short so I'll readjust my stop to accomodate the new trade.
I just read an idea posted in Tradingview that this is the time to buy the EURO. As well there is a lot of chatter about Gold being a gift at these levels. This big move started this week. I believe its too soon to take a position in either one of them. This is not to say there won't be backtests as investors rush in. Looking at these daily charts gives you...
scalping the bond short in 15 min with two target
The Fed has the markets back - as seen in the equities market. Euro/Pound are screaming higher, because the news is better there - with that said Fed has been adding liquidity to the system but so has the ECB -$1.52 trillion in stimulus. Bond Market is saying hey equities no so fast - and to be clear the US Bond market is bigger! Interesting inflection...
Our favorite signals are with trend "stacked" signals which means we observe confluence or multiple cases for entry. We see that here with a long signal on the 6BU2020 2H that has triple relevance. #1 - Extreme Turn Buy #2 - Close to upward sloping T-Line (233 EMA) #3 - Structure relevance (potential support) looking left. We're long the 6B futures contract...
I recommend to trade the 6B (GBP/USD) at the triangle's breakout, while keeping an eye on the supports and resistances; as they represent targets/Pullback points.
(18.06.2020) 6B has every opportunity to fall to 1.2164.