GBPCHF SELL It reject a daily resistance. In 4h I am expecting continuation to the downside.
GBPUSD is currently holding above ascending trendline support. A further push up above our entry at 1.39490, where we have 23.6% Fibonacci retracement towards our take profit at 1.40202 where we have -27.2% Fibonacci retracement could be possible. Technical indicators are showing room for further bullish momentum as well Any opinions, news, research, analyses,...
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Hey traders, I was monitoring 0.85 key level on EURGBP for quite a while. Being a strong recent structure, I was looking for a pullback trade. The confirmation that I got is a bullish breakout of a falling wedge pattern on 1H. Now the price is retesting a demand area. I expect a bounce to 0.8524 ❤️Please, support this idea with a like and comment!❤️
USDJPY is currently bearish based on our analysis of the 4H and 1D charts. Price is making lower lows and lower highs in the current run on the 4H and has rejected key levels on the 1D, it is however approaching a major support in the price area of 109.000 The current resistance is 109.585. We are also long on AUDUSD: And long GBPUSD: wishing you luck and...
Nice pullback this morning off the top of the megaphone formation identified yesterday. There is double support around 7015/25 = lateral and upward sloping. A break below here targets 6980 and 6940. 6900 would see the bottom of the megaphone formation and the next large support region shaded in red. My bias would like to see it lower - but ideally would need...
GBPCHF is trading within a major falling channel on a daily. The price has recently reached its resistance line. To catch a bearish move, watch an expanding wedge pattern on 2H. While the price stays within its boundaries, the market will remain bullish. Wait for a bearish breakout of its support as a signal to short. Goals: 1.257 1.253 In case of a daily...
30 July - GBPJPY Trade Plan It's Friday and End of Month so will just watch the plan and not going to trade Session Bias: Bearish Daily: Bullish 4H: Mixed 30m: Bearish
USD – The dollar slipped to a one-month low on Thursday, a day after the Federal Reserve’s reassurance that interest rate hikes remain distant helped put the brakes on the US currency, which has been rallying for a month now. Monex Europe added that, “with the dollar already under pressure today as the risk environment stabilizes and markets embrace the dovish...
Holyyy we got what we wanted Traders! I'll link below my analysis I shared earlier today! I am WAITING again, for price action to complete the retest of the level and then enter for a good long 1:3 RRR.
Hi to all, GBP/CHF is moving in a descending trend and came to test resistance again. This zone is so important i think, for breakout the trend and go long or come back and keep fall. If it comes back and breakout the rising minor trend down, we can short it till 1.2450 Keep follow me for the updates. If you find this analysis useful, please support me with...
GBPUSD on the 4h chart created a new recent high, breaking the descending channel and the lower low lower high trend. The market is now moving above a daily resistance and according to Plancton's strategy if the price will retest and satisfy the Academy rules we will set a nice long order. ------ Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
this is our thind trade of the week! we have a chance to buy GBPCAD (after a complete confirmation). GBPCAD is forming an ascending channel , the price is trying to test 1.75670. , so we can take advantage of it, there is a 130+ pips chance! also we have a great RR 1: 3!