FX:GBPUSD Buy GBP USD within the yellow boxed area. TP1 - 1.38500 TP2 - 1.39000
Buy GU, SL 200 ticks, TP before 1.38000. PPPDirhams
Expectations are a rise. Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.38975 TP: 1.40340
GU WAS CRUSHED BY FOMC LAST WEEK NOW WE SHOULD SEE SOME BULLS COMING IN THIS WEEK
A push up the rectangle is a strong resistance zone break and a wedge break upwards too. Note the Monetary Policy and Asset Purchase reports tomorrow.
- Price in bearish market, however overall market sentiment on higher timeframes is bullish - Recent price action showing bulls start to step in, double bottom pattern could be indication of potential reversal - Awaiting break of dynamic resistance before taking long position with price target of 1.4, which is psychological level
Expectations are a rise. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.39630 TP: 1.41484
Wait the confirmation at lower time frame before open any position. "Wait for confirmation not looking/searching for confirmation"
GU is looking bullish, with the dollar continuing to weaken. Some retracement is happening but potentially looking for a rally in the long run.
Price is currently moving in an uptrend and just broke 1.35 major level. I expect a retest of this zone which also corresponds to a dynamic support and to .382 fib level (we have also the trend line). I placed a buy limit at 1.35150 but if it isn't triggered i will enter during a retracement of the trend. Let's see if this new trend is respected. Like and...
BUYING GBPUSD in BUY AREA and looking to close position in TARGET AREAS (+40 PIPS) - TARGET AREA 1 - 40 PIPS - TARGET AREA 2 - 90 PIPS Trade at your own risk!!!
Tweezer top formed at resistance of ascending channel indicating reversal. Also there is a double top formed on the 4hr as well. Price will retrace to median of the ascending channel. Once price reaches the median price either keep falling, or test the resistance of the ascending channel again.
BULLISH ON GBP SO NEGATIVE CONFLUENCE RES DOESNT REALLY MATTER, BUT WAIT FOR CONFIRMATION.
Yo Folks! GBPUSD LONG IDEA -IMPORTANT- We Trade with the MAJOR BULLISH TREND. And Monthly Zone represent a PLACE OF LIMIT ORDERS! 1- Price Broke Previous Weekly Zone 2- Price Comming to Monthly Zone Since Monthly Zones are very strong our main idea of going LOND based on it. Also next Weekly Zone Will be at the same level and Monthly which makes it...
Hey tradomaniacs, GBP/USD is as expected the previous resistance and trendline of the current uptrend. Additionally we see a break above a key-resistance in the weekly chart. (You can see that analysis in my previous post). If GBP/USD goes up from here on it would support our EUR/GBP and GBP/AUD trade as I expect stronger momentums when the bulls are...
Anticipating upwards movement on cable. Higher time frames from the weekly to the 4HR confirm a high probability of upwards movement. This will be a swing trade, traded at 1% risk. The stop is fairly wide as i will be trading this conservatively, if you wish to trade more aggressively you can adjust stop below the swing low on the lower time frames 1HR, M15 ect.
Out of all of the pairs this is fundamentally the most unpredictable. I think that playing around with the pound this week is risky and manipulation could occur and be obvious. Always remember there's no limit to how many fake outs can happen with a setup so make sure you wait until it has confirmed the true direction of price action. We'll be favoring a weaker...