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EURGBP is trading within a wide horizontal trading range. Yesterday the resistance of the range was reached and the market immediately got rejected. Today the price has set a lower high and just 5 minutes ago it broke and closed below minor support on 1H. I have my sell limit order placed on the retest of the broken support. Stop - 0.8997 Target - 0.891
Video analysis on GBPNZD. Key levels and trading plan with entry/stop/targets explained.
morning guys! after a sharp, long lasted fall, GBPAUD has finally found strong support. the price not only managed to stop rallying but, moreover, it has easily violated the last lower high level, setting a new higher high and establishing a local bullish trend on 1H. now the price is consolidating in a local horizontal range. if you want to catch a bullish...
GBPUSD broke below a rising channel on 1H. the price has formed a double top pattern with a lower high and has also broken a minor horizontal support. based on that the price will most likely drop lower! targets: 1.2665 1.2633
Good Morning all. I hope this message finds you well. Yesterday i got faked out by this pair, nothing major. Today I placed a buy position as price is greatly oversold. Lets see how this one plays out - looking to hold this trade if the momentum is strong. Advice for today: Trading without a stop-loss is financial suicide. Always protect your capital no matter how...
EUR GBP Famous shampo brand ... you know how to manage it !!
hey guys, EURGBP has reached a key weekly/daily/4H structure resistance. based on the current reaction of the market on that level bearish and bullish scenarios are equally possible. 0.898 - 0.9005 is the horizontal decision range on 1H. in case of a bullish breakout (1H candle close above that) the market will keep growing to retest current structure...
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
this is a very tough numerical support ... 1 day break of it and we are going to 1.780 ... of course we can see some strong pull back from it in conjunction with the news coming from Australia this night .. if you are anti trend trader ... find your own strategy to buy it ... if not (preferably) stay with the trend
hey guys, GBPCAD broken below a consolidation range. the market is now trading below a key daily/4h/1h structure and I expect a further decline. target levels: 1.6917 1.687
GBPUSD (Update) In 4h Chart, Pound forming Ascending Channel & Facing Major Resistance As well. Last Candle Was Bearish Shooting Star While It's Was Facing Major Resistance. Expecting Bearish Wave in Coming Hours So Sell it At Around Resistance Area. Expecting Another Higher Low (Might test the Lower Border of Channel) Please like the idea for Support &...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for sell.
Forming Gravestone Doji near in the area of resistance zone. Are sellers taking over? Stochastic momentum loosing too. I would like to go short on this pair for coming week. Watch out the fundamental news, this is technical analysis only. The profit or loss you get is not responsible to me.