Weekly ideas for FX:GBPJPY GB Overall bearish trend so I will be looking for more downside from the pound with the news over the weekend of a national lockdown. Expecting a gap down upon market open. We have US elections on 3rd November which will also play a role in GBP direction (Trump is pro Brexit)... I will be keeping an eye on these levels of interest.
Trade Analysis Based on Fundamentals and Price Action With Risk Management you Will Never Loss. Thank you
Suggestion: BUY GBPUSD 1.299-30 SL BELOW 1.2960 TGT 1.3090/3100 ELSE SELL BELOW 1.2960 FOR 1.2895/2830 SL ABV 1.3030
Okay so higher timeframe breakdown Weekly - We have a rejection, pin bar from the trendline which is ideal for short positions Daily - Reacting from the TL also 4h - Bearish PA starting to come into play. 1h - Target first 139.600 area. 120 pip possibility. Opinions? Important levels marked in beige, from weekly and daily charts.
Hello Traders! Greeting from The Trading Regime! Our view on GBPJPY to close out the month of July, is a continuation move to the 1.82/84 Price zone or even higher ! Feel free to comment or share this post below. We are using .5% risk on this trade with A risk to reward of 1:3 Target 1.84.... ish
IF news is favourable this Sunday May 10th in Great Britain after talks on new lockdown measures are released (easier). Im expecting a slight jump in GBP/USD and a little squeeze on the downside of USD/CAD. Therefore Tp1 + Tp2 will be hit and possibility of Take profit 3 at end of next week. (all Dependant if market conditions are favourable in respect to...
Hello people, This is probably the only time I would try to catch a falling knife or the other way around. Find a good entry and go at it. Trade Consciously, Masih
What do you guys think? Im i crazy haha
FX:EURGBP ITS ALL IN THE CHARTS!
In this analyisis we expect: the first one and the most important is the KL, the acumulation in our weekly Key level has been too much poor so we expect that the value needs to arrive again to this zone before the rise. In the other hand, we have a simetric triangle so we will wait the fake out before the entry, but first we need this acumulation in the weekly....
GBPAUD is in a really important moment, it's being acumulated but we need more acumulation before buy so we will wait a bit and we will also observe if the value can go a bit more down to get a better entry , there are a lot of confluences in our favour for example the the uptrend that needs a P3, fibonacci also could help us because if the value falls to 61% the...
After the little acumulation in the KL we have a good entry but we need the confirmation that the vaue will fall, first of all, it's probable that GBPUSD want to return to the KL before the fall, anyway we have a good entry for the retest of the SHS or Hombro Cabeza hombro and Fibo also says that GBP will fall.