ProfitDesk

ProfitDesk

Price broke strong resistance line at 1.3610 and which now become support which is at testing right now. We expect price to bounce from it and continue rise. If you like this idea, please LIKE it and share it.

ProfitDesk

Pair is exactly at the strong monthly resistance line which it reached after 3 weeks of uptrend. We expect the price to fall from here to the previous strong resistance (now support) which is exactly at 0.5 fibonacci retracement. This will be nice RR trade, 1:5 at least. If you like thos idea, please LIKE it, comment and share it. Thanks.

ProfitDesk

Price reached 1950 aria again and again got rejected with a strong move to the up, tgird time now so we wxpect price to reache descending trend line around 1984 aria and from there it can get enough bear support to try another move to the down. We will be looking opportunity in that aria with a minimum stop loss and nice RR ratio, around 1:5. If you like thos...

ProfitDesk

Price broke 1.3175 resistance (now support) and we expect price to reach 1.3300 level from where we expect price to retrace to previous resistance and retest it. Price is nicely following certain pattern and this could be nice chance for great RR ration trade (up to 1:10). If you like this idea, please LIKE it and leave a comment below. As a reminder, please, for...

ProfitDesk

It looks like price will go for 71% Fibonacci and ascending trend line which is just there. Pair already tested 61.8% Fibonacci and we still dont see any reversal pattern. We will wait price to reach crossing of Fibonacci and trend line before opening long with great RR ratio. If you like this idea, please LIKE it and leave a comment below. As a reminder,...

ProfitDesk

Price reached 61.8% Fibonacci from previous bull move and few times tried to go further but failed. We opened long position with stop loss just under last low in case gbp decide to explore lower levels :) If you like this idea, please LIKE it and leave a comment below. As a reminder, please, for your protection, apply 1-2% risk management policy. Check our other...

ProfitDesk

Price is in descending trend and wasn't able to brake strong resistance aria and now we expect price to continue down to the support line. It would be nice 1:3 RR ratio. If you like this idea, please LIKE it and leave a comment below. As a reminder, please, for your protection, apply 1-2% risk management policy. Check our other ideas as well. Best of luck and...

ProfitDesk

Price is beutifully following patern after explosive breakout from a neutral channel. Price just returned to the upper edge and couldnt brake it after what we expect price to continue long. Nice chance for a great RR ratio. If you like the idea, like it and leave a comment.

ProfitDesk

Price reached strong resistance (0.618 fibonacci) after strong push trough previous high and 0.5 fibonacci. We expect price to retrace back to previous descending trendline, which is now broken, before another push up. If you like the idea, follow, like and leave a comment:)

ProfitDesk

Next week will be interesting for this pair. Even if we have tipical broken ascending trendline on 1D chart and even price retraced back to it we dont expect price to brake strong support line, not yet at least. We expect price to remain in range between 1.2840-1.3030 because we think that market is going to wait playout on bexit and US covid stimulus plan. We...

ProfitDesk

Price had a strong bearish momentum yesterday and have reached uptrend line. From here we have 2 possible scenarios and bith if them include retracement to the 1.3 resistance level which would be 50% fibonacci level from previous drop. From there we will be looking for new opportunities depending on price action. And till than we have nice 1:3 RR long...

ProfitDesk

Price broke 50% fibonacci resistance with and now hedding toward 0.618% level where we have huge resistance so we expect the price to bounce back to support line. It can be nice 1:4 RR short trade. If you like this idea, please give us a tumb up and leave a comment.

ProfitDesk

Pair broke important resistance line with strong impuls and finished week above 1.3000 level. This can indicate that price will continue up to reach 1.380 where is 50% fibonacci from previous big fall. Before moving up we expect that price will retrace to confirm 1.3000 level whic is now new support before continuation up. From that level we can have nice...

ProfitDesk

As we can see 4h candle closed below short term trendline and couldn't hold above resistance line at 1.7540and now we expect price to retest this line before continuation down, which is our main trend on 1D and 1W charts and we expect the price retrace to the level of 1520 before it can move back up. If you like this idea, please LIKE it and leave a comment...

ProfitDesk

Price perfectly followed our plan from previous release and have reached 4h chart trendline and broke above 61% Fibonacci and now we expect it to fall back to ascending trendline. we have tight stop loss and if the price reach it, we will have to wait to see how the price will react to braking trendline and reaching resistance at 71% Fibonacci. If you like this...

ProfitDesk

We will be looking into 1D chart to look for our next move on this pair. First we have to say that we are still in long term descending channel on 1W chart and we have shorter term (since March) ascending channel on 1D chart. Where are we now? we are close to upper line of both channels and we have to see how the pair is going to react to two strong resistance...

ProfitDesk

As you can see, 1W ascending trendline was broken and now we are still in confirmation zone. We expect price to rise to the 1.3000 level and make that confirmation before jumping into huge leap of faith, down to the 1.2700 and later to 1.2500 support where will be our TP levels. If you like this idea, please LIKE it and leave a comment below. As a reminder,...

ProfitDesk

Interesting pair since we have a lot of trend lines, 4h, 1D, W trend lines. All of them are crossing somewhere around aria in which we have to work next week :) We have decided to look for some short term opportunity on 4h chart where we have broken neutral channel and nice confirmation where price respected our support line and now we expect rise to the 1D...