Despite breaking down the bullish trendline identified yesterday (link below for reference purposes), I am still very sceptical of hopping in hence there are two scenarios that we have identified to take either a sell or buy. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
Welcome back! Here's an analysis of this pair! **GBPUSD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
GBPUSD positions appear to be doing well at the moment as we currently experience over 70pips moving in our direction. But it's not yet a tangible reason to be excited as the current structure needs confirmation in the form of a retest/rejection of neckline @ 1.32 to the upside to seal the uptrend continuation. See my previous video on this for further details...
Quick one! I have come to notice the indecision phase that is currently emanating from a demand zone around 1.26 area which has a strong memory for buying power. And this phase appears to be evolving into what looks like a reversal structure as the price continues to reject 1.25750 (3 times). Risk Disclaimer: Margin trading in the foreign exchange market...
This is a follow-up detail of the pairs I published yesterday (see link below for reference purposes). We have one break even, one stop-loss and 3 running trades. Let's see! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this...
This is a follow-up detail of the video I published on this pair during the weekend (see link below for reference purposes). It appears as though the price is about to break out of the neckline at $1.32 which shall be our confirmation for bullish momentum. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
A reversal pattern was identified on the 4H time frame as the pound appears to have bounced up to erase previous losses in recent time. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Inverse Head and Shoulder) NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch...
Trading View Published Idea: This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!