Currency rate break up powerful 1 year level 1.2774 After pull beak to 1.2774 we can open long with goal 1.2965 because when the price bounced from such levels like 1 year low it can move few hundred pips. I will publish a signal when you can open a deal, if this post will get 50 like.
GBPUSD: 4 Hour cycle is bullish against 10/7/2016 low (1.195) low while the 1-hour cycle is bearish against the 4/17/2018 high (1.4377). Rally to 1.3474 ended correction to cycle from 4/17 high. Near-term cycle from 7/09 high is expected to complete soon then pair is expected to do a bounce in 3, 7 or 11 swings before further downside is seen provided the pivot...
Everything is on the chart, RR 12.5 huge profit if the trade goes in our favor. Quick scalp set up available too, choose what fit your style. Trade Safe!!
The encircled c of the A could already be finished even if the Cable would have liked to be able to go a little deeper, I already count on the beginning of the upward correction. This should run for now in the range 1.365 before a slight correction then further potential up to 1.40 should catch up. This goal could be reached by the turn of the year before another...
GBP looks very interesting when looking at it from the Brexit time. There are 6 periods, each setting the low and the high until the next one. Moreover, these periods come almost after the same period of time. What it amazing though is that looks like the final period is exactly on the official Exit date 29/03/2019, which means that if the trend continues there...
GBPUSD price moving towards 50 day moving average and 50% fibonacci retracement after target 1 reached (which represented measured move from channel breakout). Move up represents pullback which may turn into longer term sell once reached. Also represents c move in elliot wave.
GBPUSD form H&S pattern keep watch trade below break out the red line and take profit Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging...
A head and shoulders pattern has formed on GBPUSD 4hour chart.
Good Morning All, Last week we saw the pound move in a fairly range bound manner, similar to that of the DXY. With the DXY now presenting a sell opportunity you could take advantage of the pound moving to around the 1.32740 level before a more significant reversal. Looking on the 60/240min chart it looks like the cable has completed a bullish flat structure so...
GBP/USD overview Currency rate is moving in the Downward channel. But as you see on chart, a few days ago Pound bounced up from 10 — months low 1.3026. Take a look on H4 chart, there you can see how the price bounced from that key level 1.3026. For me, it is a signal that the currency rate can move up. I will open buy on GBP/USD near 1.3026 if the price shows...
I think, that correction phase is not over & still continue. Really the price, has minimum several variants of price action with the one situation of rapid decline (Shadow of Black Swan)... Hard & binary situation by EWA/EWP! Pls be care yourself. Subscribe! Join me! «« «« «« «« «« Hold Like! »» »» »» »» »» (If you have questions, comments, write, reply...
Commentary based on the numbers indicated on the 1hr tf of the GBPUSD is given below: (1) The meandering price action of the GBPUSD from May 29, 2018 till present date is captured in this analysis using a falling wedge (diagonal) with price action successfully testing the support and resistance line at least twice; hence validating the chart pattern. This pattern...
Guys GBPUSD Sell shortly keep watch and take profit Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for...
GBPUSD have been trading in a bearish channel, short term momentum is shifting so i am expecting for it to test the top of the channel and there I will reasses if worth to hold the long positions. For now, look for buys if you have your trading strategy. Trade Safe!
GBPUSD fell sharply over the course of past few weeks, i am expecting the downside to continue towards 1.2800 handle, Follow your trading strategy for shorts. Happy Trading.