This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
This is only a trading capability - no recommendation !!!
Next wkk i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
GBPUSD is still downtrending as per previous analyses, and is currently trading within two short-term channels.
We expect price to either quickly drop to the Major Support Zone (staying within the blue channel), or to break above the blue channel and head towards the upper band of the green channel, before finally falling back towards the Major Support...
GBPUSD has continued its bearish run as per our previous analyses and is now heading towards our latest TP point.
Price has just broken lower through it's downtrend.
We expect demand to pick up once again at the Major Support Zone where there may be a potential reversal trade if price can break back above.
If price fails to reverse, GBPUSD's recent historic low...
Our previous two trades on GBPUSD went perfectly, where we took profit taking a long from support to resistance, and a short after price broke below support.
GBPUSD is currently in a downtrend channel, so all plays should be short for the moment.
We remain bearish on GBPUSD as it heads towards the Major Support level.
A breakout through the trendline may provide...
GBPUSD has been travelling perfectly to how our previous analyses have predicted.
Price has now broken below the Support Level so we may now enter our short towards TP Zone 1.
We are looking for a break of the 200 MA to confirm this continuation downwards.
SL just above the trendline.
GBPUSD has just it's 4th leg on an M formation, with price reacting perfectly to our previous prediction.
We have taken profit from our trade long to resistance, and now wait to see if price breaks through support or bounces back upwards.
Interestingly, the 200 MA is sitting near the Support Level at the moment adding an extra layer of buyer demand.
However, with...
Price is at an interesting point currently on the GBPUSD 1H Chart, sitting at a local support level.
A break of the local support level would warrant movement towards TP Zone 1.
A bounce off the support level would see price move to the Resistance Level. At the resistance level price may then breakout yet again and travel towards the Long TP Zone. However, we...
