It's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail. May all your position stop with a Take-profit. PS. Leave your comment and thoughts.
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
GBPAUD - 24h expiry - We look to Sell at 1.9000 (stop at 1.9075) The current move lower is expected to continue. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 1.8850 will confirm the bearish momentum. Our profit targets will be 1.8820 and 1.8780 Resistance:...
Hey Traders, in this week we are monitoring EURGBP for a buying opportunity around 0.86200 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86200 support and resistance zone. Trade safe, Joe.
Here is my latest structure analysis for GBPUSD. Horizontal Key Levels Resistance 1: 1.3136 - 1.3142 area Support 1: 1.2823 - 1.2848 area Support 2: 1.2590 - 1.2611 area Support 3: 1.2309 - 1.2320 area Vertical Key Levels Vertical Support 1: rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...
Lovely reaction on the daily FVG yesterday, but was too late and out of my trading session, - shame... Today look for shorts if we pull back to the asian high, the lower FVG pointed out yesterday by one of our newest students lines up perfectly with 0.618 fib... From there on, It will be time to look for longs in-line with the higher time frame narrative....
GU is currently at a significant level. This region is favourable for short positions. I anticipate 0.38/0.50% fib level of retracement to be swept. This also aligns with daily FVG. This is not financial advice. Do your own due diligence. Longs are then to be expected as COT increases in long positions.
Details on chart - looking to continue playing the overall HTF bias of bulls
Watching it to act accordingly... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on...
GBPCAD is trading inside a double Channel Up pattern, with a rejection yesterday on the shorter term pattern. The 1day RSI is about to cross under its MA, which has always been a sell signal when on a bullish trend (above 55.00). Wait for its completion and sell, targeting the 1day MA50 at 1.69400. Follow us, like the idea and leave a comment below!!
From the looks of it, DXY will try to hold the 1.414 Butterfly PCZ and make its way up towards previous Resistance. I don't think DXY will Break the Resistance, but it does look like there is a good case to be made for DXY coming back up to challenge those levels.
The GBPUSD pair hit on Friday the top (Higher Highs trend-line) of the Channel Up pattern that started on the March 08 Low. At the same time it got rejected on the 1.3150 Resistance, which was the April 14 2022 High, while the 1D RSI got extremely overbought at 78.50. This calls for a short-term correction back to the 1D MA50 (blue trend-line) and the Channel's...
EURGBP formed an inverted h&s pattern on 12H time frame. Its neckline was broken. The pair will most likely go higher now. Next goal - falling trend line. ❤️Please, support my work with like, thank you!❤️
In today's trading session, we are closely observing the GBPUSD pair for a potential buying opportunity around the 1.3100 zone. A bull flag pattern has formed on the GBPUSD chart, indicating a temporary consolidation before a potential continuation of the upward trend. Once the breakout of the bull flag is confirmed, we will be attentive to any potential...
Hello Traders EUR/GBP has finalized its long correction phase. So we expect some sharp moves in EUR/GBP in the next few days. 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...
Hey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.92400 zone, GBPAUD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.92400 support and resistance zone. Trade safe, Joe.