Strong support has been broken 1.9870, a retest of it would be a nice oppurtunity for sell. Second chance to sell if price didn't retest is when price will break the trendline and retest it around 1.9510
If the price breaks and retests minor support on H4 Timeframe, we will take short on GBPJPY. Otherwise, in case we saw the resistance broken, we would be looking for a nice long.
On 31 March 2020 the pair made a high @ 1.77958 The #GBPCAD being a #commodities driven pair reacted accordingly to the current oil crises. As if that is not enough the COVID-19 situation just adds fuel to the fire. All of the aforementioned contributes nicely to the short trade idea on the #GBPCAD. The latest hospitalization of Prime Minister BJ and him being...
We had a strong downward rally, retracement but failure to break 1.25 - resulting in a long consolidation {within the gold box] - we have now broken out of the consolidation box to the downside as 1.23 failed to be broken. NFP produced horrible job creation but grew in artificial strength because of this. Next- we have added shorts and will add positions where...
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 expect the impulse to complete in the wave C-Minor and the beginning of the decline in wave C-Intermediate. Friends, support this idea with your Like and any Comment. Thanks.
I don't know what to tell you folks I'm seeing patterns from 2008. OANDA:UK100GBP TVC:UKX FOREXCOM:UKXGBP NYSE:DOW Not only will Global markets be affected this will create a recession. INVEST IN BTC www.marketwatch.com www.marketwatch.com
As we can see, the value is in a simetric triangle in this moment, so we expect the retest in the downtrend to fall or directly the fall of the value, we will be focused in this moment to go in to the value and catch the best operation.
GBPNZD trying to break the main resistance and has tested it multiple times now today GBP CPI news coming out can act as an enzyme to boost it up to and can even cross it's resistance of 2.03982 GBPNZD buy@2.03292 tp@2,03982 tp2@open Enter this and close half lots when tp1 hits and move the sl at entry level and go long term to earn hell lot of pips follow me and...
i see a short term potential long on gbpusd .. waiting for gbpusd to show signs of a reversal first!.. wanna see gbpusd create a higher low and will get in on a retest for confirmation .. for right-now let the market play out .. gu might just make a new high and continue to the downside .. if we see confirmation of a uptrend ..then adjust stoploss to your liking...
Even if trading on GBP is very very risky... everything suggests us the same. - Fibonacci (Twice) - Wave Pattern (point 5) - Previous High Impulse
( GBP / GBPUSD ) Similar Patterns I recognise as well as being oversold on RSI. Just a tad over our short term res./supp. Good time to short
# Wait for the breakout of trendline. # Consider the fundamental factors. # Candlesticks for confirmation.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy GBPAUD from 1.881-1.875 Stop-loss 1.865 You will find more trading ideas in SAV Finance community. Good luck!
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy GBPNZD from 1.958-.952 Stop-loss 1.942 You will find more trading ideas in SAV Finance community. Good luck!
Gbjpy - monthly and weekly charts calling for big downside I'm seeing 132 before a pullback in pound yen.