DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., ISHARES MSCI EMERGING INDEX FUND, DRONE USA, INC, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
GBPNZD - price has breached ascending channel , looking for price to continue to the down side
Trading plan for next week
I look to open Sell entry because of GBP/USD is under Brexit presser.
Also, the price on daily chart closed under key levels 1.2839 and 1.2829.
H4 picture, we see that price made a fake broke of level from which it bounced several times.
I will open sell on next week near 1.2829
S/L will be at 1.2859
Goals are 1.2710 and 1.2680
Price broke down Mirror level
H4 chart close under it
GOLD and EURO moves Down
Also, the price moved down its Daily ATR. That's why I wait on a pullback.
GBPCAD is currently Overbought on H4 chart and reaching the Dynamic Resistance (Tested)
plus there's an accumulation zone which is quit strong as previously it has tried to break the resistance with no luck,
and hence we'll be selling GBPCAD with these preferences,
SELL GBPCAD - 1.72025
STOP LOSS - 1.72780
TARGET - 1.68584
More updates will be ...
Countertrade Very Bearish News (forex)
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Sir John Templeton:
''Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum ...
This is the first half of my GBP/USD analysis.
On the weekly chart, we have some low crouching above the weekly support block, still within the optimal fib retrace zone.
The red level is an important weekly support/resistance level.
I think when we finally take out those lows, we'll have enough of a bounce to attack the previous highs.
We have 2 plays possible ...
The price has nearly tested the 1.7288 Resistance on 1D and considering the sideways action on 4H (ADX = 40.745, Williams = -47.059, CCI = 1.0605, Highs/Lows = 0.000), a bearish rejection is expected. The 1D Rectangle has a clear support at 1.6600. Short, TP = 1.6660.
I will open buy after a pullback to key level 1.2922 or 1.2786
Technically it's mirror levels - best place to open entry with low risk.
Price bounced up from buy level 1.2785 technically it's a signal that price will continue up move.
On next week we can look for Buy entries with goal 1.2910.
Sell I would like to ope Near sell level 1.2921 because long-term trend is still bearish.
Middle term goal for those who will open Sell is 1.2663
Push like and Subscribe.
I set a pending order on GBP/USD because I think the price will continue down move, reasons:
1. Currency rate made a fake broke of mirror level 1.3015 H4 close under it.
2. Long and Middle term trend bearish.
3. Low and predictable risk.
Push like and Subscribe
Big picture first:
As you can see, we have a big void to the left which hasn't been filled yet, and the point where it would get filled conveniently falls exactly on .705 retrace from top to bottom. On the macro scale, I think it would have to get to that point before it continues its major downtrend.
The red levels are ...
During Friday’s trading session, the currency rate passed through the support of the 200-hour simple moving average to end the trading session at the 1.2936 mark. On Monday morning, the British pound passed through the supports of the monthly PP at 1.2907 and the weekly S1 at 1.2899 to trade at the 1.2892 mark.
In regards to the near-term future, the British ...
This is a zoomed in follow-up on my GBP/USD PART 1 setup.
Last week we got rejected pretty hard, failed to make a higher high, dumped and formed this red block on the 4H which should now act as resistance.
I'm expecting the week to open with some further dumping(not worth playing), possibly into the lower red 4H breaker, retrace back into the higher one, and ...
What we have here on the daily chart:
- Those highs sitting right below the daily block
- The daily breaker which should now act as temporary support
So I'm thinking the Samurai will initiate a fake breakout of that inverse head and shoulders we're making, take those highs (loads of stops resting there by now), and proceed to sell off. Maybe aim for the red ...
GBPNOK is trading within a long term 1W Channel Down and has just made a Lower High. With 1M neutral on RSI = 51.074, CCI = 29.2202 and Highs/Lows = 0.0000, the price is on the most optimal levels to short on the long run. TP = 10.56170 & 10.4500 in extension.
Here we saw at 1.30300 area a trap of bearish , but broke again now we can long from here to the first resistance of 1.31200 , and do not forget to put stop lost on it , we already took big profit from tthis pair at past week ... this analyse for the person who has position on this
trust for this transaction %83 ...
During Friday’s trading session, the British Pound was trading sideways to end the trading session at the 1.3000 mark. On Monday morning, the British pound was supported by the 55– hour simple moving average to trade at the 1.2995 mark.
In regards to the near-term future, the British Pound will keep moving sideways to stay at the 1.3000 level. The 55-hour simple ...
During Friday’s trading session, the British Pound surged towards the 62.20 % Fibo to end the trading day at 1.2824 mark. On Monday morning, the rate was resisted by the 55-hour SMA to trade at the 1.2814 mark.
In regards to the near-term future, most likely, the British pound will pass through the support of the monthly S1 at 1.2778 due to the resistance of the ...