Actually I thought there wont be any trade setup in GBPUSD today, anyway now we got descending triangle pattern about to breakout. Happy Trading !
In GBPUSD, I m looking at trade opportunity purely based on trendlines. So the breakout direction will decide my entry, while I m posting this it looks like Breaking down but not yet. Decide your risk reward before taking any trade. Happy Trading !
Happy weekend traders! Sterling slump after BOE easing monetary measures which sent the market down more than 200 pips followed by some positive job numbers yesterday with NFP adding fuel to the fire. Technical see resistance level at 1.3050-60 zone where as long as market holding below this zone more drop will be expected toward 1.2900 levels Above 1.3210...
What do you guys think? BOE decision supports selling bias however we could see a reversal at the 76.40% level.
GBPUSD trying to go bull.. If go up, target is 1.31400 or maybe higer 1.31550
GBPUSD is about to complete double top formation, so going to short GBPUSD. Left the other trade ideas (visible in chart), if you wanna take a look on those previous ideas,check related trade ideas below. Happy Trading !
On monday it will be correction till around level 1.3200 if in this level create a Support then the price will go higher what make me so confident with take LONG in my trade, cause The trendline that I make goes UP, and MA 20 n 50 show the price goes up. MA 100 and 200 will cross Any other Opinion ?, Please comment so we can share knowledge...
Hi Guys, We got an excellent bearish bat setup in GBPUSD to short the pair which also offers us excellent risk:reward ratio. If you are one of the pattern traders out there lets put our orders in place n wait for it to get filled, moreover GBPUSD is moving slightly down, but I expect during London session our orders will get filled and targets in US session...
Hi Guys, In GBPUSD the market is pretty much ranging for sometime and we have descending triangle formation which is about to breakout. While trading triangles the important thing to note is to avoid the false breakouts. Enter the breakout direction after checking your risk reward for the trade. Usually descending triangle breaksout downside but anything can...
Daily - We can clearly see a descending broadening wedge, which makes this pair Bullish in long term, however I would like to see this pair hit the bottom of the wedge before it heads up, if we do break the blue trend line, its a safe to say to sell after a small consolidation, if we don't then we shall continue heading up. 4hr - The 4hr time frame also shows a...
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential long position for at-least 3000 Pips! This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points for both sides (Short & Long). I am in this trade from 1.28000 , Brexit helped me to enter this trade quickly otherwise It...
Hey Traders, I'd really like to know what any Faders think about about this chart. July 2016: Lowest Low Recorded Ever. What do you think is next based on your experience and expertise. All opinions are welcome!
Pivot: 1.3235 Most Likely Scenario: short positions below 1.3235 with targets @ 1.3100 & 1.3045 in extension. Alternative scenario: above 1.3235 look for further upside with 1.3330 & 1.3425 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.3235.
Great opportunity. Stay tuned the support and resistance zones and buy or sell according to plan. Do not rush and follow epenas the chart. Thanks LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE. If this analysis makes sense to you give me a like and share with your...
Traders! We finally hit a clean break out on the hourly chart and looking to hit new highs. We had a pretty good price-action push to the current 1.30800's, should see a small retracement and a continuation. Looking to ride this up trend to 1.31132 level with 1-2 minor retracement along the way. Stops: 1.30165 Target 1: 1.31120 Target 2: 1.31600 Happy Trading!
Overview: The Gold markets rally during the course of the session on Friday, touching the $1350 level. At this point in time, Gold sentiment is bullish and market is ready to go higher, as buyers are still interested in the market. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4 hourly chart. It...