Introduction:
Hello fellow traders! Today, we are back with an exciting long-term trade opportunity:
Sell GBPNZD : 2.09450
Take Profit : 1.99403
Stop Loss : 2.11150.
We will exit the trade if the Bank of England (BoE) maintains a hawkish rhetoric without softening. In this article, we will delve into the technical analysis and fundamental...
gbpcad looks a little messy.
structure is bullish creating HH & HL
A break above resistance will be a nice opportunity to buy with target 1.75000 that is a fresh supply zone.
The market recently tested our weekly low (first recorded on the year 2016) and is showing a strong bullish outlook to (possibly) reach 1.70000 in the coming months.
Now, we'll use the uptrend channel to find opportunities to go long and short; based on the trendline strategy till a breakout upwards happen.
Apply risk management and happy trading! :)
A large number of options with GBPUSD is giving us 3 main scenarios:
1. Yellow - the simplest, we wait for little up movement and then the continuation of the following correction;
2. Purple - some concave movement after which the top is retested and maybe we'll have another top after which we have another 2 options:
2.1 - Purple - here we have...
I really think GBPUSD is set to go long! Regardless of the whole Brexit deal going on. I really see a lot room for bullish activity on this pair. I can see some support being built up and some bearish trend lines have been broken. Overall this pair still has the potential for going down a little further.
Money management will be a key factor here. Because you...
The Tidal Shift Strategy has just bought GBPUSD at 1.27309. The system recommends entering this trade at any price between 1.27063 and 1.27556. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.21486, which suggests that the GBPUSD could be trending upwards.The 14-period...
