Here we can see the complete A and B Elliot waves. I suggest to wait for wave 3 and put a buy stop order above the wave A. In fundamentals we wait for good news from Great Britain, updates of macroeconomic indicagors. The most important one is trade balance. If it's lower, GBP will be stronger. Now we should just wait.
Here on the GBPUSDcurrency pair i have reason to believe a long position will be very rewarding over the coming months. Based on my technical analysis price has rallied for the bears over the past 3 years and due to recent changes in the economy as well as inflation taking a toll on the DXY, the bulls have now entered the market. My technical analysis indicates...
HERE I HAVE ANALYZED A LONG TERM OPPORTUNTIY HERE ON THE GBPUSD PAIRS WITH HIGH IMPACT BREXIT NEWS BEING DELIVERED FOR THE NEXT FEW WEEKS.
Hey! IF there comes a second chance, then sell GBPCHF on the orange line area inside the blue box! Blue area trade criteria: - Trendline - Previous resistance level - Fib retracement level - Fib extencion level Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 0.878, a long position may be an option :) B – Beliefs Market move towards the first Target 1 level @ 0.881 ...
So, as many of you are aware that yesterday didn't go to plan for Theresa May, and many did assume that the GBPUSD was going to sink to the ground - which it did but didn't. I have done some analysis on the GBPUSD going long with a Target @ 1.32000. Let me know your thoughts, happy trading! :) GL
Pattern: 1D Channel Up. Attention needed as the pattern was previously violated by Brexit fundamentals. Signal: Bullish as the price tested and held the 4H support (1.2706). TP = 1.2875 as long as the support holds.
Based on technical analysis, GBPUSD has blown through previous major support and a major demand zone in the market. It's currently on a macro-downtrend, continuing with lower highs and lower lows. Top down analysis has shown that this pair is just in a small retrace at the moment, retesting the broken levels while still maintaining structure. However, on the the...
Hello TradingView. Hello guys. ( : Here we have to many technical and fundamental reason for announce bull market again. You can check an see how perfect this mine strong tech work. Thank you for your time. Wish you Profitable day!
entry price : 146.350 Take profit 1 : 145.100 Take profit 2 : 143.200 Take profit 3: 140.220 Stop loss : 147.100 (suggest to use trailing stop) -------------------------------------------------------------- Don't forget Asset management / and please trade at your own risk and this chart is as my opinion about GBP/JPY THANK YOU REGARDS Abolfazl Abedi
Today I have thoroughly analyzed the GBPAUD pair to the best of my ability and I have concluded a short opportunity. I have lace my entry and target, as well as stop loss check out my work and comment any questions or feedback. Happy Trading!
My momentum, momo stoch and stochastic etc. indicators/oscillators shows a very strong sign of overbought in the pair and a start for a downward trend. Highly overbought If it does broke the support it is a good entry watch for days range it could affect your s/l, t/l & t/p. Breaking it's chart atr the pair is highly volatile and overbought and AUD cs is highly...
Hi Traders ! This Is Nouman Malik , After a huge drop of Gbp/usd . its exactly respecting the support area by showing a pin bar on weekly candle . i hope to see a push to the trendline before the next step .
my previous idea on gbpusd ,, it Started a little late
GBPUSD formed a cypher harmonic pattern, it's started Dec 21 Also, GBP goes in ascending triangle which reinforces bullish vision as always stop loss is marked by red line and the target is marked by the green line (The entry point is appropriate now @ 1.33550) + Keep in touch we will build and close position together. Thank you...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have been watching this pair for a long time and have been highly interested as well as profited from it. The wat the price action has moved and...
Break of counter trend line/bounce off weekly trend line that has been respected, which price bounced off of. Looking for a retracement back to red zone & will adjust my stop loss when reaching that point. Trade with care !