Potential bullish rise?GBP/CAD has bounced off the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.8640
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Stop loss: 1.8554
Why we like it:
There is a pullback support level.
Take profit: 1.8821
Why we like it:
There is a multi-swing high resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBP (British Pound)
Bearish reversal off multi swing high resistance?EUR/GBP is reacting off the resistance level which is a multi-swing high resistance that aligns with the 127.2% Fibonacci extension and could drop from this level to our take profit.
Entry: 0.8737
Why we like it:
There is a multi-swing high resistance that lines up with the 127.2% Fibonacci extension.
Stop loss: 0.8762
Why we like it:
There is a resistance level at the 161.8% Fibonacci extension.
Take profit: 0.8681
Why we like it:
There is a pullback support that is slightly below the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCHF Will Move Higher! Buy!
Here is our detailed technical review for GBPCHF.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.071.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.080 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY H4 | Bearish reversal setupGBP/JPY is rising towards the sell entry which is a pullback resistance that is slightly below the 50% Fibonacci retracement and could reverse from this level to the take profit.
Sell entry is at 200.05, which is a pullback resistance that is slightly below the 50% Fibonacci retracement.
Stop loss is at 201.22, which is a swing high resistance.
Take profit is at 198.58, which is a pullback support that aligns with the 145% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD H4 | Bearish reversal for the CableBased on the H4 chart analysis, we can see that the price is reacting off the sell entry which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 1.3531, which is a pullback resistance.
Stop loss is at 1.3581, which is a pullback resistance that aligns with the 50% Fibonacci retracement.
Take profit is at 1.3417, which is a pullback support that aligns with the 78.6% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Continuation of bearish momentum?GBP/CHF has rejected off the pivot and could drop to the 1st support.
Pivot: 1.0731
1st Support: 1.0651
1st Resistance: 1.0788
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal setup?GBPUSD is rising towards the resistance level which his a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.3584
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3666
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
Take profit: 1.3394
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
#027: LONG GBP/USD Investment Opportunity
I have chosen to go LONG on this pair. The recent bearish movement has unloaded much of the excess, and the price is now showing clear signs of accumulation in key areas. Hello, I'm Forex Trader Andrea Russo, an independent trader and prop trader with $200,000 in capital under management. Thank you in advance for your time.
Price action has respected important structural levels, with a clear reaction after testing dynamic support.
Volumes indicate an absorption phase, typical of institutional preparatory moves.
Relative strength is starting to turn in our favor, while retail data shows the majority leaning in the opposite direction: exactly the situation I'm looking for to position myself against the retail market.
The cyclical trend suggests the end of the corrective leg and the start of a new directional momentum.
The plan therefore remains bullish: I follow the institutional flow, with the idea that the next expansionary movement could develop in continuity with the dominant structure.
EURUSD POSSIBLE SELL SETUP💡 EURUSD 2H Outlook – Bearish Setup in Play
After a strong bounce from demand, price is now retesting the supply zone around 1.1820 – 1.1840. Structure shows a possible distribution phase forming here, with sellers waiting to step back in.
🔽 Bearish Scenario
If rejection confirms, price could drop toward the demand zone at 1.1720 – 1.1740.
A clean break below 1.1720 would open deeper downside continuation.
🔼 Bullish Scenario
Buyers would need a strong breakout above 1.1840 supply to invalidate this bearish outlook and push toward higher levels.
⚔️ Key Levels to Watch
Resistance: 1.1820 | 1.1840
Support: 1.1760 | 1.1720
📊 Current structure favors short setups from supply, with confirmation entries being the safest.
✅ If this analysis adds value, don’t forget to boost & follow for more updates across Forex, Crypto, and Indices.
💼 If you need account management (personal or funded), I provide professional trading strategies designed for consistency and growth.
GBP/JPY, AUD/JPY Price Action SetupsThe rally on GBP/JPY has stalled around a major resistance level, which could give bears the upper hand over the near term. While AUD/JPY looks like it could go on to push higher, it also looks like it is in need of at least a minor pullback.
Matt Simpson, Market Analyst at City Index and Forex.com
Bullish bounce off?The Cable (GBP/USD) has bounced off the pivot which is a pullback support and could rise to the 1st resistance which is also a pullback resistance.
Pivot: 1.3462
1st Support: 1.3391
1st Resistance: 1.3589
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal off overlap resistance?GBP/AUD is rising towards the resistance level, which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could potentially reverse from this level to our take-profit.
Entry: 2.0593
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 2.0743
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 2.0351
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPJPY H4 | Potential bearish reversalBased on the H4 chart analysis, we could see the price rise to the sell entry, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 200.05, which is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss is at 201.22, which acts as a swing high resistance.
Take profit is at 198.03, which is a multi swing low support that is slightly below the 161.8% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD H4 | Bearish drop from resistanceGBP/USD is rising towards the sell entry, which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 1.3512, which is a pullback resistance level.
Stop loss is at 1.3911, which is a pullback resistance.
Take profit is at 1.3394, which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Potential bearish drop off?GBP/USD is rising towards the resistance level, which acts as a pullback resistance and could drop from this level to our take profit.
Entry: 1.3512
Why we like it:
There is a pullback resistance level.
Stop loss: 1.3666
Why we like it:
There is a pullback resistance.
Take profit: 1.3366
Why we like it:
There is an overlap support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBCHF Will Fly from Trendline In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP Volatility & Momentum Study: Finding the Perfect Entry📊 GBPUSD Forecast | Intraday & Swing 📉📈
Asset: GBPUSD (CFD) Closing Price: 1.34694 (20th Sept 2025, 12:50 AM UTC+4)
🔎 Market Snapshot
Cable is trading around 1.3469, with mixed sentiment between dollar strength 🦅 and sterling resilience 💂♂️. Volatility is expected this week as traders eye macroeconomic updates & central bank cues.
🕯️ Chart Patterns & Signals
🟢 Bullish Hints: Possible inverse H&S on 4H + support at 1.3420.
🔴 Bearish Pressure: Lower-high structure intact since 1.3620 peak.
⚡ Trap Risk: Watch for a bull trap near 1.3520 resistance.
📐 Harmonic AB=CD projection aligns with 1.3400 zone (support).
📈 Indicators Check
RSI (H4): Neutral → 48 (room for breakout).
BB: Price squeezed ⚠️ → volatility incoming.
MA Cross: 20 EMA < 50 EMA (short-term bearish bias).
VWAP: Anchored VWAP from September high sits at 1.3500.
⏱️ Intraday Strategy
Buy Zone: 1.3420–1.3440 (support test, scalps).
Sell Zone: 1.3520–1.3550 (resistance rejection).
🎯 Targets:
Upside: 1.3490 / 1.3520 / 1.3565
Downside: 1.3400 / 1.3360 / 1.3325
🛡️ Stops:
Longs below 1.3390
Shorts above 1.3575
📆 Swing Outlook (Days–Weeks)
Trend: Bearish bias unless daily closes above 1.3565.
📉 Swing Sell Setup:
Entry: 1.3520–1.3550
TP: 1.3400 → 1.3325
SL: 1.3590
📈 Swing Buy Setup (Aggressive):
Entry: 1.3360–1.3400
TP: 1.3490 → 1.3560
SL: 1.3320
🎯 Key Levels to Watch
Resistance: 1.3520 / 1.3565 / 1.3620
Support: 1.3420 / 1.3360 / 1.3325
🧭 Final Take
⚖️ GBPUSD is at a decision point:
Intraday → play the range 1.3420–1.3520
Swing → favor shorts below 1.3565, longs only on deep pullbacks near 1.3360.
Trade safe & adapt to volatility! 🚀📉
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
📝 TRADING CHECKLIST
Before entering any position:
- ✅ Confirm volume supports move
- ✅ Check RSI for divergences
- ✅ Verify multiple timeframe alignment
- ✅ Set stop loss before entry
- ✅ Calculate position size
- ✅ Review correlation with DXY
- ✅ Check economic calendar
- ✅ Assess market sentiment
⚠️Disclaimer: This post is intended solely for educational purposes and does not constitute investment advice, financial advice, or trading recommendations. The views expressed herein are derived from technical analysis and are shared for informational purposes only. The stock market inherently carries risks, including the potential for capital loss. Therefore, readers are strongly advised to exercise prudent judgment before making any investment decisions. We assume no liability for any actions taken based on this content. For personalized guidance, it is recommended to consult a certified financial advisor.
EURGBP - Testing Supply at the Channel TopEURGBP has been grinding higher on the 4H, respecting a rising channel. Price is now tagging the overbought zone near the upper bound and a 0.873–0.875 supply area.
This confluence is key 🔑. If sellers react here, I’ll look for short setups on rejection, aiming for 0.867 first, then 0.863 toward demand and the lower channel.
If price breaks and holds above 0.875, the short idea is invalidated and 0.880+ could follow. Until then, it’s a “look for shorts at supply” play.
What’s your take - fade the touch at supply, or wait for a confirmed break and retest? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
GBPUSD H4 | Setup for bearish dropThe Cable (GBP/USD) has broken out of the sell entry, which is an overlap support and oculd drop from this level to the downside.
Sell entry is at 1.3545, which is an overlap support.
Stop loss is at 1.3665, which acts as a swing high resistance.
Take profit is at 1.3394, which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish bounce setup?EUR/GBP is falling towards the pivot and oculd bounce to the 1st resistance which acts as a swing high resistance.
Pivot: 0.8678
1st Support: 0.8658
1st Resistance: 0.8712
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPCHF: ATL BreakoutI noticed confluence over on the GBPCHF pair. Here's the breakdown on the daily and H1 timeframes.
Daily Timeframe:
EMA20 is below EMA60 > downtrend structure
Price is also bouncing below EMA20 > confirms downtrend
Price also holding below HTL based on previous end at bearish candle
H1 Timeframe:
Price is exiting the EMA band > momentum has high potential to accelerate lower
EMA20 is below EMA60 and expanding > confluence that momentum is accelerating