Easy clean set up. Bearish on high TFs scaling down towards lower TFs to find more entries, I feel the trend is still bearish and will continue short until the third touch of the trend line. I'm waiting for the retracement to see how price reacts around that zone.
This is one of the most controversial pairs in the market in terms of the BTMM. I am saying this because it never even moved a level for us to get a reversal entry. if look from Monday, it has been resetting since then. We are only looking at getting a return move to the last week's low for us to go long
It's just my opinion about this pair. Please share your thoughts with me.
Ring your bank and tell them you will be making a large deposit in the next few months.. Actually don't put your money in the bank as there is going to be a cyber attack that will take the banks down and your money with it. And if the cyber attack doesn't take your money the banks will anyway as they are going to be in massive debt and will be able to just take...
Here on the GBPUSD, we can see how the market has created an "M" formation. In general, after an "M" pattern is formed, we expect the market to provided a push to upside to literally complete the pattern, turning broken support into resistance. At this point we will be looking in to find a nice short entry to the downside with a good Risk-to-Reward Ratio. Thanks...
FX:GBPCHF Has for the past couple months been forming a clear Wyckoff accumulation schematic. Its been manipulating the lows and we got the last low which was the spring, or shakeout. There is also a bullish bat which matches perfectly with the institutional candle that formed on the chart which is where your entry would be if you decide to take this long...
Here on the GBPJPY 10 Hour Time Frame, we are expecting an overall bearish swing move to the downside after break of trendline. However, we may see an impulsive break of the trend curve to the upside as price is currently in a bearish correction, to run-off liquidity; likely, a clearer price pattern may be formed for SHORT entry. Hence, we'll rather be reactive...
A long and steady intra day down trend has been established in this pair. With more uncertainty across the eurozone we will look ton sell this pair close to the trend line and hold short down to the 0.84800 level. Good luck
Price broke down from ascending trendline where we could potentially see the price drop to first support, in-line with 78.6% Fibonacci retracement and 100% Fibonacci extension . If the price bounce from this level, price will swing towards 1st resistance, in-line with 61.8% and 100% Fibonacci extension . Any opinions, news, research, analyses, prices, other...
GBPUSD H1: Lots of confluence on GBPUSD here points to a break lower. Here we have a rejection of the 4 hour descending TL (on the 4 hour chart this also lines up with a rejection of the 100 EMA) The bullish push on the last hour candle I believe is one last run up before price continues its decline. 1.38 is holding as an area of support but if this breaks I...
GBPUSD H1 The pair hit a high of 1.3898 yesterday after more hawkish remarks by BOE policymaker, Michael Saunders. Sellers tried testing waters just below 1.3800 earlier, with the low touching 1.3793 for a brief moment before a turnaround now to a session high of 1.3850. In the bigger picture, the BOE has been playing it slow with regards to normalising policy...
GBPNZD is on a Journey to 1.91772 Entry:1.98220 SL: 1.99161 TP1: 1.96778 TP2: 1.94594 TP3: 1.91772 Please like and comment what you think! if you like this idea dont forget to share it! Have a nice Day!
My analysis for GBPAUD , its currently in a channel respecting the trendlines , it recently just consolidated at the top of the channel so i think its gonna break the consolidation and fall back into the channel and continue to respect it
I have a potential sell here on GJ. Price is retesting this previous support. I'm waiting for a 15m confirmation to get in. tp1 1:5 R/R tp2 1:7 R/R journaling/learning purposes
Condition - EMA 50 Below EMA 200 at H4 - EMA 50 was cross EMA200 at H4 - Deep pullback after breakout 3 suport area, - rejection at EMA 200 (weak trend) - if price rejection at EMA 200, then next red candle bearish close below previous candle (rejection candle) see TF H1 R:R = 1:1 Entry : 1.26825 Stop : 1.27714 Take Profit : 1.25936
GBPUSD is moving over an ascending trendline and currently testing a weekly support. The market after the recent high has bounced over the structure and could create a right shoulder. According to Plancton's strategy if the market will break below the neckline we will set a nice short order. ------ Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...