DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
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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
Looking for a quick short and aggressive bullish momentum
Trend is definitely up. You can clearly see the POI is in an upward trend. This is an indication that demand is present and price will continues to trend up. As a long trade set up, you can wait for price to retrace back towards the POI and set your stop loss at the POD.
If you wish to know indepth explanation on POI and POD, visit my patreon. Have a nice week!
Long GBPJPY @ 141.00; TO @ 143.89, SL your choice
On the 4hr GBPUSD chart we see a bullish crab has formed. The D leg has drastically stretched. Look for bullish evidence before taking this trade. I expect the pound to recover and gain strength. All the best mates
I'll be a buyer on the 1.29 purple level below when it gets there.
A long opportunity coming up on Cable
small bounce trade. movement still depends on dxy imo
Financial Markets behave similar to the ocean...it produces waves ...just as much as the ocean doesn't flow smoothly to one direction ...financial markets too have high or low tides...and a high tide in this case a bullish market is a series of lows and highs its not straight highs always :-) this has taken me soo much time hectic days, long nights,,,,,learning ...
I see this pair going up...If it breaks through... TO THE EFFFING MOON
Trend continuation trade. Price moving in consolidation. CHF have been weakeing since a few months because of its overvaluation. GBP might loose bullish sentiment as a whole but in my opinion will remain stronger than the cable. Breaking above consolidation. Targets 127.2% or 161.8% fib extension. Good Luck
EYEZ ON FX:GBPUSD $$$
BULLISH LONG TERM TREND
BREAKOUT FROM EARLIER HIGHS ? OR A BREAKOUT FAILURE ? BULLS ARE STRONG ON CABLE SINCE BREXIT DOOMSDAYERS
OANDA:GBPUSD IS DOING WHAT IT DOES THE BEST $$$
Not much too say. Details are in the chart. GBP is setting up for a much higher price.
Go long until 1.45-1.50. Stop loss under 1.38
Stay tuned !
Bull Flag / Pennant on the daily/4h time frame, simple long off retest of Trendline. Cable has been lagging for a while, I think it's time for sterling to shine.
Feb 12, 2018
GBPUSD's price action just bounced off on Friday on a strong technical area of interest. There lies a confluence of 31.8% fib (2018 High and Low), ema50 as support, and an rsi divergence.
Go long on shorter time frames. Look for an opportunity to enter long.
Updates shall be posted on the comments. Stay tuned!
I'm not usually the one to go long in Cable. But, this might be something. Made a Fib here and we're aiming for the 78,6% level. Be very careful thou on this one, follow twitter on brexit news. put a very tight stop.
Good luck out there.
Another good setup is forming in FX:GBPUSD. It looks like a big bullish flag and I expect it to breakout to the upside. Tomorrow is the UK GDP so if its positive expect it to break to the upside. I'll keep the post updated.
It appears that a solid bull trend is forming on GBP/USD, ending the trending renge between the 1.33 and the 1.30 area started in October. The brakeout of the 1.33 area will be the signal for the buy. Then the next two resistance will be at 1.346 and 1.362.
I'd prefer a long on a pullback to 1.3217 with stops @ 1.3202
I think lod is in already;
Target is friday high
imo 1.3266 likely........