EUR/USD - entry after break out.
A simple lesson on probability. Go and grab a coin and toss it a few times. Although you have a 50% win rate for heads, you will still get a consecutive run of tails right? In fact, with a 50% win rate, its probable you could see 4-5 consecutive tails. Unlikely, but still POSSIBLE - there could be a chance of seeing 7. That's why we now plan for...
An ABC Short! I love the stochastic, it gets me out of bad analysis and when a B is forming in Elliott wave theory. It's also a been a very slow start to the week.
We recently took GBPUSD long, with a decent expectation of profit. There are many reasons for the buy trade, with the main ones begin: 1H - support and bull continuation at volume level 10m - bullish continuation
GBPNZD after breaking above the weekly resistance reached the previous high at 1.92 level. From there the market started a retracement move into a bull flag and recently touch the 0.5 fib level. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
Strong bounce off the Weekly open which could indicate a stronger move to the downside. As both currencies are strong any selling need to happen if 1.3675 & 1.3669 are broken No clear indication of price direction so I would be waiting to see this pan out. remember there are some strong buyers at 1.3675 and below. POI - Strong buy-side interest at...1.3675 POI -...
GBPJPY Day : SELL pinbar day candle formed. The price is in the suppyzone at 144.3, it has a chance to come down to the support at the demane zone at 140.1 .rsi oversold and the price has come close to the uptrend line. traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
EURGBP moved a little higher on Friday but is still not far from recent multi-month lows. Price once again closed at a BUY zone. This pair has been weighed by the UK’s comparatively swift vaccination efforts in January and amid EU vaccine delivery delays. If price hits 0.88348 for us in this week's market open, we can expect to ride this Bull up to 0.88860 or...
Wedge formation with an expectation of a southside movement. USD index gaining strength. Sell at top of channel down to the bottom of the channel. I will trade only sells as that is the main direction. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple Jan 2021: 14%
We have an inner broken up trend line to the south side. Expect price to retest the backside to create a right tip then bounce down towards support area of 142.80. Entry @143.85 area TP @ 142.80 SL @ 144.25 Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple Jan 2021: 14%
I have annotated the relevant levels. Equal highs being formed so I'm expecting price to fly past them to take out stops and capture the remaining liquidity from the supply zone above where we seen a strong imbalance in the price. I am going to be very active on this channel from now so follow up for more set ups and content!
Hey Traders, I hope you are having a great day, Here is my trade breakdown on GU
I am longing cable with this breakout of downtrend and pullback, We may see Gbp/usd work its way uptowards 1.38 before NFP this week. Trade your plan
Entry price 1.37034 Stop Loss 1.37419 TP 1.35589 Lets see how it runs. Regards D
New buy opportunity identified with our Edge Algo. SL 0.88159 TP 0.88674 Historic Win Rate of over 50% on 614 trades - 1:1.3 RR Regards Darren
Welcome back Traders, Investors and Community! Analysis of #GBPUSD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bullish BAT Pattern in H4 timeframe - We will be waiting...