Hello everyone. Time to tighten stop loss by determining the main trends. Choose or make your own for your risk management. Mine is 1:1 for this one according to the 1st Target price. This idea is not an investment advice. Any cricitism is appreciated. Regards, Zelâl Ada
In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound! Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie. The...
We look to Buy at 1.2885 Buying pressure was posted in the market yesterday and has continued overnight. Positive overnight flows lead to an expectation of a firm open this morning. Broken out of the channel formation to the upside. A mild correction has been posted from yesterday’s high, this is seen as a retest of the breakout level. Further upside is expected...
EURGBP is finally entering a strong demand zone . There is a high chance to see a strong bullish impulse from the underlined area. I will not trade aggressively and I will wait for a bullish breakout of the falling wedge pattern on 4H chart for confirmation. Target levels will be 0.864 and 0.872
EURGBP is finally entering a strong demand zone. There is a high chance to see a strong bullish impulse from the underlined area. I will not trade aggressively and I will wait for a bullish breakout of the falling wedge pattern on 4H chart for confirmation. Target levels will be 0.864 and 0.872
British Pound has formed bullish flag. Trend should continue up to 1.315-32
We look to Buy at 139.50 Trading within the Wedge formation The sideways consolidation continued although the market managed to post a significant high at 140.30 We have a Gap open at 139.47 from 22/11/2019 to 24/11/2019 Positive overnight flows lead to an expectation of a firm open this morning Further upside is expected and we look to set longs in early...
Hello Friends! Technically Bullish Harmonic Deep Crab Pattern is formed. So, longed it. 1H chart and Entry,Stop loss and targets are represented on on the chart. For macroeconomic analysis you can subscribe me on my Twitter acccount below. This idea is not a piece of investment advice. Regards, Zelal Ada