Trade Idea: Selling GBPJPY Reasoning: Selling into short term downtrend resistance Entry Level: 170.22 Take Profit Level: 168.02 Stop Loss: 170.74 Risk/Reward: 4.2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling EURGBP Reasoning: Selling into horizontal resistance on the daily chart Entry Level: 0.8709 Take Profit Level: 0.8576 Stop Loss: 0.8754 Risk/Reward: 2.9/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
GBPJPY annual cyclic moves are at play. With the world markets in crisis the Sterling has been enjoying highs, a cyclic correction may be at play, technical analysis pointers support a swing to the downside, rejection to the upside has already occurred on the Daily TF, the uptrend channel is high likely going to respect swinging to the downside back to the 1.60's....
change of Minister means new outlook... or close to RESET for a better BREXIT backto all time highs
gbpjpy short, after the long holiday hoping prices will start moving more volatile from Tuesday am shorting gbpjpy sl 164.800 tp 164.800
hello traders cable in a nice up trend now drooping down to fill up the imbalance in the market place it looks clean lets get it
GBP/USD needs balanced GDP data to climb. The pound has been positive for several months, benefiting from the surprising economic strength of the UK. On the other hand, the US dollar has fallen behind, but the recent concerns about the global economy have moved the flows towards the safe dollar. Markets are mostly bearish today, with the only catalyst for their...
hello traders new week new opportunity is in a nice manipulation we don't get tricked what sets the trade is the stop runs as far as we can identify the liquidity pool and identify the frame work trading is easy lets get it comment what you think also follow for more wish best trading week
Hey Traders, Bullish Compression on Fiber. Still bullish, but nearly weak momentum, reverse probability.
Could this potentially be the upcoming selling opportunity for GBPJPY? If so, I will monitor the market closely for a sell setup.
Embark on this potential opportunity by entering a trade on a bullish flag pattern, following the confirmation of a breakthrough to the upside. Implement wise risk management techniques by limiting your investment to no more than 1% of your account equity, while setting your take profit target based on the chart analysis.
There’s been some decent swings in price lately. I believe the reason we witnessed such a dramatic rise and fall in price over the past two weeks was not so much due to euro strengthening over the pound, but because the pound weakened against the dollar more so than the euro. By this I mean that the pace of capital flight from pounds to dollars was more...
An opportunity to take short term position on the pair. Use proper risk management and trade responsibly
I see that the price has reached a selling point. I wish you success
CABLE has been very interesting lately. Sterling has surprised with decent data but the overall outlook for the sterling fundamentally remains the same, the market is expecting one more rate hike. The strong data however is creating a very RANGY environment for this pair. We saw this when the last bearish move was RETESTED all the way to the 68 fib zone. My bias...
After our Trade from yesterday, we have a new setup for today. Asia closed good. The price will spicke into our OB or even session high and then probably drop. If you want you can wait for a confirmation on a lower time frame, where you search for a ChoCH and an OB. $JPYBASKET is also about to hit our OB so that a reversal has a good change to happen. But I...
A last push to the upside before we continue to drop to the downside. Entry: 0.88774 SL: 0.88728 TP1: 0.8891 TP2:0.89172 comment what you think! and dont forget to like! Was a little bit late with the analysis, sorry for that!
GU provided two decent trade opportunities recently. first being the retracement to the 61fib of the previous move down. this also has another confluence as it rejected the recent broke support trend line. The next solid move was taking a buy at the previous low made this is currently running 50 pips dollar could be heading higher so GU could be taking a hit