As long as the price is above the support 0.88600 it is very possible to see the continuation of the bullish move. BUT, if the price goes down below this line, then it is better to get ready for sell trades. Well that's what I think.
As long as the price is above the support 0.88600 it is very possible to see the continuation of the bullish move. BUT, if the price goes down below this line, then it is better to get ready for sell trades. Well that's what I think.
GBPAUD was bullish last week. I assume it will be bullish during the next week too. FX:GBPAUD The uptrend perhaps continues to the resistance 1.84500 (first target) and if it can pass it, it may reach the line 1.92750 (second target) Merry Christmas everyone.
hit the resistance and made a low swallow so most likely going down will close the gap you made on Sunday
Following the high timeframe analysis on GBPUSD in the last video, this time we looked at the mid-timeframe to see what would likely happen in the short to mid-term. I personally believe the price will eventually break through the range of resistance at around 1.3500 that has confined the price for the last 24 months. Indicator showing us formations consistent...
British Pound/USD is giving us signs that we might begin to see a reversal to the bear trend that has lasted for 13-14 years. 1Y TF white energy is just starting to move up and about to cross the 50 mid-line. Unlike in 2014, where the white energy failed to move above 50 and dropped back down along with green line as the price stair-stepped down, this time the red...
Price action on the British Pound looks pretty bullish for near future. Set buy near 1.300, take profit level at 1.329
Prerequisites to the bounce: Increased ATR. Two days fall down. Mirror level ahead. example how a false break out works:
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may continue to fall at the close today below the blue line, and I think it will continue to decline because it broke the trend and retested. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry...
Waiting for break of rising wedge to confirm bearish move to the downside.
Swing Trade. Buying opportunity, GBPAUD. 6:1 RR Comment, Like and Follow Good luck
We had and EMA cross at 1.08907 and now the RSI well below the 50 line. Additionally, there's a cross on the MACD with a downward trend likely to continue. ****long play analysis, not for sniping****