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sumit3167 sumit3167 GBPUSD, 1W, Long ,
40 0 2
Will GBPUSD Actually Tumble To 1.16 Level? Lets Laugh For Now !

I bet you really laughed hard on the title and believe me i was laughing too as wrote the analysis. LOL, LMAO or whatever but the power of harmonic patterns can never be underestimated. Harmonic patterns can gauge the direction of the market on a very respectable note. Here we have a POTENTIAL CRAB pattern that might become a reality in the coming months, which ...

StirlingBishop StirlingBishop GBPCAD, 240, Short ,
13 0 1
GBPCAD, 240 Short

I have placed a market order for a short position on this pairing. This seems to me like a good trade considering the recent impasse in the Brexit negotiations, and the positive correlation (0.78) between movements in oil prices and the Canadian dollar. I have placed my entry @ 1.693. I am looking to take profit @ 1.66. My stop loss will be set at 1.703 for the ...

PaulAllen PaulAllen GBPUSD, 1D, Short ,
54 0 3
GBPUSD, 1D Short
Trend Confirmed for Short on GBPUSD

sumit3167 sumit3167 EURGBP, 1W, Short ,
23 0 2
EURGBP, 1W Short
Potential Bearish CRAB Formation In Play on Weekly Charts EURGBP

This is just a potential chart pattern that is yet to complete!. Once if completed i will conform with other technical analysis and execute the trade. cheers and happy trading

29 1 1
UK election puts the pound back at risk

Over on the price action, we can see that the technical level is not holding up. A previous level where price has bounced is now struggling to hold up. The break out last week was quickly met with selling pressure. Sellers were more than quick to fill orders above that extreme. A snap election in November will most definitely introduce further volatility to the ...

mcpeacocks mcpeacocks GBPUSD, 1W, Short ,
55 1 2
GBPUSD, 1W Short
short GU on weekly

daijumm... what do we call this candle.... tombstone :rip: failed break and close about MA. shorting this and targeting 1.30 and 1.27xx with a trailing stop

sumit3167 sumit3167 GBPUSD, 1D, Long ,
71 0 2
GBPUSD A Potential Long Opportunity Awaiting Slight Retracement!

I am awaiting for this pair to retrace to around 1.30000 level where the weekly pivot is located as well as the daily 50 EMA and then i am planning to go LONG on this pair. Looking at the main chart, a long term daily trendline was violated which also happens to be the neckline of the inverse head and shoulders pattern that had formed. The price has already ...

FXRenew FXRenew GBPNZD, 1W, Long ,
57 0 1
GBPNZD - Weekly Volatility Breakout

Fundamentally, GBPNZD relies on Brexit either coming to a “peaceful” resolution or market participants not getting too worried if it does not. It’s my belief that we will get one of these two scenarios. There is monetary policy and economic performance divergence in favor of GBP v NZD. Technically, we are pushing on the top boundary of an extended weekly range. ...

sumit3167 sumit3167 GBPNZD, 1W, Long ,
21 0 1
Lets Take GBPZND LONG! Refer To Link For Analysis

See the related ideas link. any updates to SL and TP will be available below. RR FOR THIS TRADE IS 1:2.5 ENTRY: 1.97800 SL: 1.94200 TP: 2.07000

Goodland01 Goodland01 GBPJPY, 1D, Short ,
42 0 1
GBPJPY, 1D Short
GBPJPY- Short to floor

Technically and fundamentally sound to short.

sumit3167 sumit3167 GBPNZD, 1W, Long ,
32 0 1
Perfect Example On How To Utilize Strong FX pair With Weak One !

There are many trading strategies out there in the world but it all does not suit us perfectly!. Therefore we end up looking for a new or revised strategy and customize it to our needs. Here i am going to explain one of the best strategy to approach the market when one FX currency has been showing bullishness both fundamentally and technically as well as ...

RickyChand RickyChand GBPUSD, 240, Short ,
93 0 2
GBPUSD, 240 Short

wait for breakout and retest before entering, you can sell on a bearish candle once the arrows are followed

Vihren77 Vihren77 GBPAUD, 30, Short ,
96 1 7
GBPAUD, 30 Short
GBP/AUD - short term sell, possible swing short!!!

GBP/AUD - short term sell, possible swing short!!! CPI core inflation is likely to have fallen to 1.8% from 1.9%.

richforextrader richforextrader GBPJPY, 60, Short ,
288 3 7
GBPJPY, 60 Short
Short GBPJPY - Uncertainity with brexit

BOE statement didn't give the clarity the market was looking for. The global economy too looks in shambles. From my technical as fundamental analysis, I expect a sharp fall in GBPJPY.

55 0 2

On the 29th I commented on the Cable's current retracement. Going back to my charts though, I realized I had missed my actual entry signal. I hate it when I miss a signal, which I got for the Cable on 08.24. Its still in play and target one is at 1.3099, approximately 219 pips from the entry at 1.28805 and right at the bottom of the weekly supply zone. However, ...

54 1 1
GBPAUD - two scenarios in play

looking at two scenarios here. price action to determine what to do. Brexit resolution could make this to breakout quite violently to topside, or if that dissapoints, we may see this drop back down. only time and price action will tell. patience is key. note that the RSI and Stoch are showing signals over overbought, and that this may come down again, hard.

Vihren77 Vihren77 GBPCAD, 240, Short ,
168 1 3
GBPCAD, 240 Short
Shorting GBP/CAD on 4 H !!!

Shorting GBP/CAD on 4 H. Financial markets will focus on political events, such as the Brexit negotiations.

SPENCER2704 SPENCER2704 GBPUSD, 15, Short ,
80 1 3
GBPUSD, 15 Short

With recent BREXIT news GBP/USD spiked, however appears unable break resistances levels and climb higher.

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