FX:GBPCAD [/symbol We are close to hitting TP1. We expect price to hit TP2 and hopefully TP3. Keep your stops tight. Gbp has been acting up the last couple of weeks due to brexit negotiations.
Going short, let's see where it will bring me :) -This trade is just to monitor my own trades, not trading advice
I'm doing my home work and sharing. GBPEUR or EURGBP looks good for next week based on 6H time frames. In fact nearly all Sterling pairs look favourable for trends south. That doesn't mean I'm shorting all next week. This is not advice or predictions on what will happen.
GBPUSD Advanced harmonic pattern. Stops and take profit levels are as on the chart.
Whaaaat´s up traders ? Here is my short analysis for the GBPCHF pair. Im short on this pair as we see major market structures forming. Currently price is above my entry ,but with the right risk management there is nothing to worry or stress about. As long we do not move a larger move (20-50 pips) over the divergence trend line. After 3 levels of rise we expect at...
price is dropping below the support on the bear flag... looking for another sell off. Personal bias is sell especially with Brexit in turmoil.
GBP/CAD BUY, Talking points, Technicals: Sterling could bounce on this support. Because of the Brexit, GBP/CAD is in a non-tradeable environment. Still it's a beautifull example of simple dailly support and resistance. Easy trades. I still have a bullish forecast on the technicals. Fundamentals: NOVEMBER 25: Emergency EU summit? One reason why...
After an explosive move down, GBPAUD left a big liquidity void and we all know how much GBP loves to fill liquidity voids, lower time frame is showing bullish price action and making a breaker on the 15 mins after taking out previous swing low on the daily. R/R setup is great for a long, has a massive upside if trade goes in our direction
If one were to plot the exchange rate between the US Dollar and the British Pound, since the beginning of the USD as a standalone currency, you would find one of the most consistent bear trends of the last 2-3 centuries. If one were to look at the decline of the Pound against the USD from the end of WWII to the present day, you would find an even more defined...
Daily Perspective: As investors hope to find clarity on the situation, this market remains very sensitive to what seems like even the slightest thread of news regarding Brexit. Yesterday found strength in the fact that negotiations were developing and a final text had been finally put together, but with the underlying uncertainty remaining the market pulled back...
GBPUSD broke the trend line sharply, base on the previous idea (check the link below) it could start the uptrend, but there is a possibility that the whole structure becomes a running flag and it goes down again
Cable has reversed strongly off long-term support at 1.27 to reverse the short term downtrend Preference = go long with the trend reversal Scenario A) price pulls back to 1.283 before continuing to 1.30 Scenario B) bullish momentum provides no short term dip-buying opportunities so wait
In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs. The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty. There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters...
UK100, Daily & H4 European stock markets are broadly higher. Eurozone markets, which rallied from the off led by Italy's MIB, have come off early highs, while the UK100 extended gains through the session and as of 10:34GMT was up 0.69%, while the GER30 was up 0.57% and the MIB up 0.78%. The broad move higher came after a strong session in Asia, where Chinese...
Here on the GBPUSD currency pair as previously noted I have analyzed and review a harmonic pattern signaling bears to enter the market. I believe the bears are still in control and throughout the week we will begin to see an aggressive decline. I would love your feedback and happy trading.
GBPUSD looks ready to break the triangle, probably looking for the 200 DMA, but it would not be a false breakout after all. Learn how to beat the market as Professional Trader with an ex-insider! Be part of an elite trading group. Last course of the year on November 2nd, 2018. Have a Nice Trading Week! Cream Live Trading, Best Regards!
Here on the GBPUSD 0.01% 1hr timeframe. Only after a complete top down analysis, I have identified a confirmed harmonic pattern . Which is revealing a downward spiral. I have analyzed and marked up the charts here for your review. I would enjoy receiving your feedback. Happy trading