Good RR here a straight forward Double bottom set up, looking at 2 possible areas for a bit of ressitance around teh 382 and 618 areas
After a pull back to the 1.44564 zone from the its highs , price has been consolidating very well. Going LONG if price break $1.45214 zone which would be break of the high of the DOJI
GBPUSD 4H good opportunity... Good luck
We're stuck up against a major monthly resistance level at ~1.460, waiting to break-above/close-above 1.46500 to rally up to the next major resistance level of ~1.50. Wait to confirm breakout above 1.465 to BUY up to next major level of 1.500, stops should go at 1.445. Also to note we have positive RSI that is at 64.8 which would indicate we may see a retest of...
Here it´s sunday night, we´ve got a Cypher formation with trend that we have had on the radar since last week. Lets see if it retraces down to our PRZ entry level 1,45151 We don´t have a lot of structure here, but it´s with trend and RSI is working it´s way into oversold levels. Good luck and have a good trading week! Kind Regards Thomas Jeff
Im betting on UK remaining ok EU. Referendum is on 2 month and polls are in favor of remaining on UE . Also Betfair bets give 70% chance for that to happen. Also GBPUSD is drawing an inverse head and shoulders with target 1.50 and its near its long term resistance of 1.39 Buy at 1.4540 Stop loss 1.42 Take Profit 1.50 Risk Reward ratio: 1.35 Excuse me if my...
We're waiting for the price to retrace down to the 1.4500 level before we look for bullish price action. This region marks the previous resistance area seen back in March 20, as well as a potential upwards trend line.
GBPUSD is forming an inverted head and shoulders and targeting 1.5179
GBPUSD is on its C corrective wave and has not yet been complete giving us an opportunity to make 150+ pips.
Here we try again with a new Bat pattern setup on the GBPUSD with trend, RSI going oversold soon, with minor trend. Lets hope it will finally hit our PRZ at 1,42870 Stops and targets are on the chart. I am very sorry for so many of my posts have gone invalid before they hit termination point, markets have been on some wild expansions in every direction this week....