Finally the INVERSE AND SHOULDERS is broken and we have a another chart pattern formed on the NECKLINE in expectation of the retest giving us a FLAG pattern which signifies the bulls are currently in the market Just leave me a comment in the comment section and tell me what your thoughts and also a thumbs up if you go with me
Its no news that the GREAT BRITISH POUNDS is about to sky rocket which will give rise to the GBP pairs across boards.Here is perfect clean set up which shows vividly from the W1 that the original trend is an ascending one and moving down to the lower time frame which brings us down to pretty multiply time frame analysis we can see clearly here on H4 that their is...
We are approaching to hit the trendline so depending on the price action do I will open a short or a long position. If I see a bullish pinbar or hammer formation on the trendline I will go LONG. If we close on 4H bellow the trendline then I will go SHORT. Let's see what happens...
Hi everyone. Today GBPUSD. We have strong downward trend and its not exactly exousted for this moment. MM open 9K contracts for sell and short it from 1.2350. So my opinion short to 1.2272 and maybe 1.2227. Levels thanks to X-Lines script. Waiting your likes. Follow me.
1.5% 1:2 RISK TO REWARD. 12.5 PIP STOP LOSS FOR 25 PIP TAKE PROFIT. I am looking for BREAK BELOW LATEST LOW AT 133.800 area. Simple BREAK AND RETEST trade. I personally have a SELL STOP AT 133.77. I am personally risking 1.5 %. Risk what is appropriate for you. Check out my YouTube at PAPICHULONOE.
1.5% 1:2 RISK TO REWARD. 12.5 PIP STOP LOSS 25 PIP TAKE PROFIT.I am looking forbreak above LATEST HIGH AT 136.356 area. Simple trade BREAK AND RETEST. I personally have a BUY STOP AT 136.37. Safer trade would be to wait for break and retest. I am risking 1.5% personally.
I think GBPUSD has a great long setup. Price is currently in the main wave three (iii) which has another 5 sub wave. The sub wave has also began wave (3), so its a great long setup. This setup can only be invalid if price settles below 1.22053 price level. Elliott wave - wave (3) of (iii). Please like for more content.
GBPUSD is correcting inside the HigherTimeFrame range and has reached to the Demand Zone.Last week we saw an impulse to the upside and now it is correcting and the price is around the 0.618 fib zone. We may see a slight cross of fib 0.618 and rejections will confirm the upward move .The move will be impulsive to the first target.
Hi, guys!👋🏻 Yesterday, after several unsuccessful deals, I directly fear to make mistakes again.😕 It's not even about the money. This fear prevents making decision here and now. 😩 It seems like I stopped seeing the real picture of what I usually see, when I looking at the chart. 🥴 I have experienced that for many times. I know that will pass...
In this idea I will explain how you can enter GBP/USD (Cable) with a great risk-reward trade based on the technicals of horizontal support and resistance. Whoa. We had such an amazing trade here on GBP/USD last time using these zones, let's try to do that again. First let's quickly recap our previous succesful idea: We found confirmation on the resistance, and...
A complete Elliote wave triangle and clear breakout can be seen here. I think there is now MORE potential to the upside. Let's watch it closely. Please leave a like for more content and let me know what you think in the comments section below. Disclaimer: This is only an idea and should not be taken as a trading signal.
Hello We have a strong downtrend, but the first calls appear on the oscillator about how to minimize the end of sales. We are also close to the zone of support. A good point to buy is 1.2 - 1.205 Goals - 1.22 - 1.23 - 1.24 (possible goals 1.25-26) Cancel care under 1,194 This is just my opinion, and is not a call to action) Looks good? Leave a like, share...
Today we are talking about a possible demarche by the Irish Democratic Party and, accordingly, the text of the treaty that could be not approved. Therefore, the GBP movement stuck. On the one hand, growth needs to be continued, because on brink of Brexit deal, on the other hand, everyone suddenly realized that the deal still has to be approved by the Parliament of...
GBPUSD goes down again after a retest in 1.25. However what I can expect here is it will go down in the next weeks to come, until the end of the year. Please manage your risk very well if you will follow my Buy and Sell limit as GU is notorious for sweeping buy and sell stop loss. Get our free signals here: t.me Like us on Facebook: www.facebook.com