GBPCHF The price is in the strong support zone. 1.11072-1.10578 If this support still works well Expect a chance of a bullish reversal, buy the red zone, targets 1.11708, 1.12500, 1.13923 and 1.15029. >> GooD Luck 😊
Levels calculate by help of Ichimoku, Standard Pivot, Order_block, Sentiment Analyses and also S&R. Sufficient accumulation of reasons indicates the possible existence of a reaction zone. Generally sentiment is Neutral! but new sellers joined recently! 1.2860 is where most bulls entered the market and they may exit in no profit and no loss in their entry...
EUR against GBP. I think that taking long entry at bullish breaker around 0.8618 can play out. The only concern is that price already was there after breakout. So same as with others setting alarm for that level to see how it evolves in action. Potential targets for bullish bounce 0.866 / 0.868 .... the rest for breakout above 0.87 which will take price to...
🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : LONG Scale 🔰 Direction : SHORT/SELL The GBP/JPY pair's sensitivity to shifts in global risk sentiment makes it a valuable tool for assessing broader market outlooks. 🌐 Its responsiveness aligns it with changes in global risk appetite, creating a strong correlation. In this context, the pair finds...
Technical Analysis Trend Bullish Weekly Long Daily Long 10H Long 4H Long 2 H Long 30min. LONG Gold Bullish Strategy Bullish My Trading Conditions and my Rules(This are the Rules I follow,and they are no financial adivice for others) Trade Consditions Higher Highs Higher Lows Trade Rules: Taking only Buy Signals Trade Rule 2: Only Buy Signals Trade Rule 3:...
GBPUSD crossed under its four month Channel Up pattern, as well as closing under the 1D MA50, thus turning the 1D timeframe bearish (RSI = 43.717, MACD = -0.001, ADX = 34.501). Currently this is a sell signal, targeting the 1D MA100 (TP = 1.2625). Every Support (S) broken, will be a sell signal for the next one. We are buying only if the price crosses over the...
Pair Name : GPB/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
🔸Hello traders, let's review the 8 hour chart for GBPCHF today. Previous trade setup was on sell side, target hit +400 pips, congrats if you followed. feel free to review original trade setup below. 🔸Currently risk/reward is shifting in bulls favor as we are trading near key bullish levels, however one final pullback possible/likely before reversal. 🔸Recommended...
🔸Hello traders, let's review the 8 hour chart for GBPCHF today. We are closing in on range highs right now so naturally risk/reward is shifting in bears favor. 🔸Previously recommended buying low at 1255 right now we are trading at 1425, so previous trade pnl running at +170 pips so congrats if you took the trade feel free to recap original trade setup...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85700 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85700 support and resistance zone. Trade safe, Joe.
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The major level marked and the structure of the market will be depend on the confirmations candle, as yesterday price reject the confirmations candle formed the proper sell system formed. GBPJPY SELL 182.80-183.00 TP1. 182.40 TP2. 182.00 TP3. 181.50 TP4. 181.00 Sl 183.40 Please follow the setup with proper risk managements.
Potential divergence created. A previous intraday low was broken and the current high which was broken as well. A bit risky of a setup to be honest but it follows what i like to look for We have GBP news coming up Friday. GBP mortgage rater were higher but the housing price index MoM and YoY were lower with the AUD business confidence coming in higher than...
Looking for a retracement of the previous low here. Small pullback before Friday's news? Possible break of structure on lower timeframe with a current retest of the high. Should be interesting.
GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair...
I'm expecting full on GBP weakness over the coming weeks, regardless of what happens with the dollar. We've broken below the months of ascending trendline and so far failed to break back above, we have a beautiful bearish engulfing candle on the 4hr close from Friday. I get this pair wrong a lot (because I live in the UK and can see a car crash happening in slow...
Good morning traders, As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the...
8th August 2023 DXY: break above 102.40 to trade higher toward 102.80 resistance NZDUSD: Sell 0.6050 SL 20 TP 60 AUDUSD: Sell 0.6510 SL 25 TP 45 USDJPY: Buy 143.20 SL 30 TP 60 GBPUSD: Sell 1.27 SL 25 TP 90 EURUSD: Sell 1.0960 SL 20 TP 40 USDCHF: Wait, look for reaction along 0.88 USDCAD: Sell 1.3360 SL 30 TP 60 Gold: break 1930, below 1929, could see 1924