BULLISH DIVERGENCE ON D1 STRONG SUPPORT AREA THAT WORKS SINCE DECEMBER 2018 JOIN FREE TELEGRAM: t.me
A potential head and shoulders , enter now or wait for the pattern break :) Good luck traders.
Head and shoulders patter is on the move , safe entry only after the break , Good Luck
I really think GBPUSD is set to go long! Regardless of the whole Brexit deal going on. I really see a lot room for bullish activity on this pair. I can see some support being built up and some bearish trend lines have been broken. Overall this pair still has the potential for going down a little further. Money management will be a key factor here. Because you...
This one prediction may or may not take long to form at all. I decided to take this pair on a weekly outook to be sure of no noise on the smaller time frames. With everything going on with this Brexit deal I'm sure there will be some volatility in this pair. I would play it safe but setting a small trade on this pair. Once the pair breaks through the 1st...
GBPUSD Long - Cable has been bearish for days now. 1.269 entry, Daily Fib - Daily lows from August/October 18.
GBPUSD is now falling for 9 straight trading days. At this moment, It is at the Long-term bullish trend line. Besides, it has also hit the bottom of the newly created channel(blue channel). So, it would be interesting to see if you see the formation of any bullish candlesticks here from where traders can long. I am personally looking to BUY here at 1.2830 and...
Taking this long setup on the cable. We have filled in the gap we are testing the Daily breaker now which is bullish. But there is a nice level (8h breaker) in the daily breaker. Wich i expect price to go to before going up. It makes perfect sense if you look at the DXY where i expect price to go up a little more to fill in that liquidity gap where price traded...
During the last 3-4 weeks, we have been seeing a subdued price action on GBPUSD due to lack of any Brexit related Headlines or meaningful progress. However, looking at the H4 chart, you can clearly identify three things: 1) A DESCENDING TRIANGLE indicated by the light pink area in the chart. 2) A strong resistance trend line(royal blue line) which has stopped...
Daily MACD has printed a bullish reversal pattern while price holds onto 1.30 support
The cable has slowly being coiling like a snake, ready to break higher out of its range. We have a divergence between MACD and price to confirm the move. Trend lines are only draw to highlight the divergence between the MACD and price so they are not use in my analysis. All other higher time frames are bullish, where we have a target of 1.6390, which is the POC(...
A few points to keep track of before the potential final vote on May's deal. First, whats being voted on is entirely different from previous votes. The details are complicated, but essentially the previous failed votes are now broken up into two main sections (which is apparently contrary to previous UK laws passed, but whatever) and the EU asserted that it would...
From the BBC an hour ago, "Wednesday saw Mr Bercow once more cite parliamentary precedent to rule that another vote could only take place if the proposal tabled by the government was "substantially different" from the previous one." Without PM May's deal, there is no obvious direction for Brexit to go forward with regarding any significant deal between the UK and...
Ahead of the big date : 29 March 2019, the pair has shown to be increasingly volatile with highs of approx. 1.3350 & lows of 1.2500 due to uncertainty in the market related to a no deal Brexit. We anticipate that Brexit will be further delayed as Betfair is offering 1.2 for the UK to not leave the EU by the 29/3/19 and 5.7 for otherwise. A delayed Brexit would be...
Here is a fairly high Reward:Risk trade set up for next week. GBPUSD is approaching the outer bullish trendline for a 3rd touch and this also coincides with the Fibonacci 0.618 retracement zone. This is a very simple trend continuation set up with a target price of 1.35 achieving a high reward ratio. However! - It takes 3 touches of a trendline to confirm it. So...