On Friday I analyzed GBPUSD for a short opportunity, I was wrong. After the currency pair was broken down, I identified a strong sell opportunity as displayed with my technical chart work. The GBPUSD currency pair was in a 4hr range for the past few weeks and is now showing signs of a breakout emerging. In my opinion that breakout was to be to the downside seeking...
Stochastic RSI is sky high.
Would like to bring to your alert that Tesla is a "Castle in the Sky".
I have done the fundamental analysis on Google and bring to you a message.
Facebook and Google are both funneling money into Tesla.
Tesla is the last castle in the sky for the "New World Order".
Apparently, Elon knew the whole time. This was an...
Just before I talk about this trade, just a fair warning that the British Elections are this week on Thursday December 12th. So a high risk event, and will be dominated by Brexit promises.
I have spoken about how Central Banks in the Western world are stuck, and they are now attempting to maintain confidence in the system. They want to go back to easing and QE...
The Supreme Court has ruled that Boris Johnson suspended UK Parliament unlawfully. Also, Johnson gave the Queen illegal advice to suspend Parliament.
On the one hand, the news is not good for the pound, because it means another domestic political crisis, on the other hand, such a court decision should lead to Johnson's resignation. The pound has recently followed...
Wait for correction to the weekly central Pivot/M3 of next week, then Sell between the 55/100 EMA and below the weekly M3 of next week .
Conservative target is M1 of future weekly Pivot which is also S1 of this months pivot (PLAN A).
If Pullback is stronger then sell at monthly pivot point/trendline/top of regression channel (PLAN B).
The GBP pair in my opinion has began to form an harmonic pattern. This pattern to be formed is a bullish butterfly and has currently completed XABC-leg and I am expecting a rally unto D, which will form the last CD leg at which point we will look to buy this currency pair or possible even continue our sell positions. NFP will be the momentum push to complete this...
As i mentioned in my previous post, this pair is correlated to the GBP/USD pair. Prices are also moving in a downtrend, after having breached an ascending trendline. . The price also broke out of a symmetrical triangle to the downside and completed a retest. Price is making a series of lower highs and lower lows. May the bears take over the world!!!
Interesting move today for the cable which is already up 1.14% at the end of the week.
Market is now expecting a soft brexit rather than no deal brexit.
Technically the pair is gaining bullish momentum since it broke above the 200day SMA at 1.318 and will likely close above it weekly.
Also, it broke a descending trend line shown on the chart which shows a...
On the GBPAUd pair I have identified a prosperous trade setup, an opportunity to go short. The GBp has recently not met a deal for the Brexit agreement which means the Sterling will soon be on its own. The impact this will have on the market will ultimately push the Gbp down to lower levels, I am personally seeking 1.6500. Also the Feds are speechless as to if...
The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year.
From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables...
Hi guys ! I post my recent trading idea for EURGBP. Only from tecnhical scope i see a rebound from bollinger to the median to hit the price of 0.88886 and after this move is confirmed then we look again a long position to 0.92. Hot news for Britain expected in meanwhile. Be carefull about your positions !
The FTSE100 index is approaching a critical 2.6 retracement level of the previous uptrend, and it could be good time to buy. However, with the Brexit news and Theresa May woes, just hold your horses for a bit. The index is still largely in a sell-off fueled by the lack of confidence surrounding the Brexit deal and seemingly the vote to be held tomorrow. The...
Today i am going long on the GBPAUD due to an harmonic pattern completion on the 1HR time frame. Here I have displayed it on my charts. My trading style is trading but you can possibly hold some positions much longer. Check out my analysis I would love you feedback. Happy trading.
Bigboy break of the blue triangle.
Looking for small flags on lower timeframes and buying dips.
This move just started imho.
Invalidation level should be below 1.25 we should not break lower.
Thats a textbook breakout right here.
Watch further developments in britain.