Price is testing a major overlap resistance and at the same time, seeing a bearish descending resistance line continue to weigh down on prices. A reversal from here could see prices drop all the way to the 1.2606 level - but take note that there's a risk level at 1.2659 which acts as our intermediate support. Please be advised that the information presented on...
GBPJPY H4 Looking like we want to slow down on the gains here amongst a handful of ***JPY pairs, GBPJPY looking like the most attractive for shorts at the moment, but a little more confirmation wouldn't go-a-miss. Looking at USDJPY and EURJPY respectively, we have seen a downside dump and retest. Seeing shorts out throughout the start of Q3 and a deeper...
Hello Traders GBP/CHF has broken Elliot triangle correction. We expect another upward wave(wave C). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a...
GBP/JPY has successfully broken out of its bearish range following the news events on Friday. As a result, we will now shift our focus to identifying bullish setups. Although the price action isn't optimal based on the close, we have a swing range that presents buying opportunities. However, it's important to note that there are some significant red-flag news...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCHF has been overall bullish trading inside the rising channel in blue, and it is currently retesting the lower trendline. Moreover, the zone 1.127 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
Hey Traders. in tomorrow's trading session we are monitoring GBPCAD for a selling opportunity around 1.69100 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.69100 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 182.400 zone. GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 182.400 support and resistance zone. Trade safe, Joe.
✅GBP_CHF broke the long-term Falling resistance then went up And is now making a bearish Correction and will soon Retest the broken resistance Which is now a support and As we are bullish biased we Will be expecting growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
We're seeing price test a key overlap resistance at 1.2697 which is a 127% Fibonacci extension, 61.8% Fibonacci retracement and an overlap resistance. A reversal from here could see prices drop all the way down to 1.2613 which is a multi-swing low support. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
GBPAUD reached a key weekly resistance. The price formed a descending triangle pattern, approaching the underlined structure on a 4H time frame. Its neckline was broken. I expect a bearish movement now to 1.8955 / 1.8825 ❤️Please, support my work with like, thank you!❤️
29/06/2023 - 30 Min TF After a long Bullish run, we can see on the 30Min & 1 Hour timeframes there has been a shift move in momentum in the last few days. The market has been highly bearish so we will be looking for sells in the market. The market has been highly bearish so we will be looking for sells in the market. Dispite the bullish momentum on the Weekly &...
Hey there traders, OANDA:EURGBP This pair will push up side,,,,, Structure has a strong resistance,,,,,, Recently trend has break the resistance We have 3 target Lets watch,,,,,,what market does,,,,,,!!!! Be happy Trade safely Follow money management
GBPJPY hit today the top (HH line) of the Megaphone pattern that started on the May 24th 2021 High. Tha last time it did (April 18th 2022), the price got rejected back to the 0.618 Fibonacci level and the 1W MA50. Right now the 1W MA50 is already near the 0.618 Fibonacci and is headed towards the 0.5. With the 1W technicals vastly overbought (RSI = 75.716, MACD =...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPAUD has been overall bullish trading inside the rising broadening wedge pattern in red, however it is currently approaching around the upper trendline. Moreover, the zone 1.92 is a resistance zone. 🏹 So the highlighted purple circle is a strong area to look for sell...
Details on chart - looking to see more continued buys on GJ after solid pullbacks occurred
Update for GBPNZD. The price successfully broke and closed above the neckline of a cup & handle pattern on a daily time frame. It is a very important bullish signal. Taking into consideration that the market is trading in a long-term bullish trend, probabilities are high that the pair will keep growing soon. Next goal - 2.096 ❤️Please, support my work with...
GBP/USD has pulled back from its highs and looks like it wants to build a base above the May 2022 high. An inverted hammer formed on the daily chart around the 10-day EMA and momentum has turned higher ahead of the European Open. The near-term bias remains bullish above Friday’s low and for an initial move to 1.2800 or around the 1.2850 highs. A break above...