GBPUSD the pound is continuing in its trend direction. Unless some majoy event occurs i see the pound growing.
I'm in for a buy to sell overall expecting price to keep a strong trend to the upside... Seeing price move to zones it likes on this pair quite a lot. Oversold on the Stochastic RSI as well. -Let me know what you think, would love ideas!! O.O
The correction here is a 3 -3 -5 structure, which is a flat, I am expecting GBPUSD to continue sell Write in the comments all your questions and any instruments you want me to analyze . Kindly push the like button if you think the idea is useful - that would be the best THANK YOU. Thank you.
If the sell off won't bounce the 50ema it will bounce off the flipzone on the W pattern for a buy. Use proper risk management.
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Descending Triple Top occurring on the 4HR Wedge (Entry - 1.24600). Taking into account the Current Economic Situation and COVID-19, we at Sterling Capital FX belive the GBP is currently way Overvalued. New Lows of 1.14 have been created on the Pound Sterling, things are projected to get worse with the Country on Lockdown so we can expect retests of 1.14 as the...
GBpusd is set for a fall based on the correction elliot wave structure as shown on the chart. A very high reward trade with low risk, Patience is the key to arrive at the target destination. of 1.14000 Write in the comments all your questions and any instruments you want me to analyze . Kindly push the like button if you think the idea is useful - that would...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
GBPNZD after reaching a strong support level 2.0 and the support line began to grow. I expect the price to reach resistance level 2.1, but before that, the price may return to support level 2.0
Yesterday’s daily candle on GJ was an indecisive one. The pair has been printing bearish candles on the daily so this might be a sign for a pullback. Look for rejection signs at the levels red arrows are pointing to with TP 131. Stops below daily low.
As shown on the chart analysis, GBPusd the upside is still very much possible for the pair due to some reasons : 1. A clearly and vividly counted 5 impulse wave 2. followed by a big time correction of zigzag ( wxy) 3. The corrective structure has broken the 61.8 fib level. Therefore we must be expecting a resumption of the upside trend soon so far the...
Reasons to buy : 1. A breakout of the bearish trendline and a retest with a bullish hammer candlestick confirmation 2. A completion of double zigzag Elliot wave correction 3. A complete impulse wave followed by a correction Expecting to buy the wave 3 , which will be the strongest move . Alternative scenario: Any fall below the Low of wave 1 renders this...
Long buy idea from current area 1.3010 - 1.3050 TP1 : 1.3184 TP2 : 1.3283 SL : 1.2873 This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based on your...
HI there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.