Please go over my previous analysis with regards to FX:GBPUSD as I was expecting a continuation of shorts into the week. Although fundamentals is not on my side, I figured that going with high probability signatures such as reversals at order blocks plus reluctancy at fair value gaps will reduce my risk of being stopped out. I have left 50% on the table to run...
A further dig into Sellside liquidity is what we saw last week before closing above the weekly fair value gap, completing a 6-week consecutive run. With that being said, I was expecting a further decline last week with the opportunity for the prior weeks low to be swept @ 1.07227 which we witnessed. This current weeks trading, I was expecting a sell-off into the...
No matter how good of a trader you may be, it will never hurt taking profits off the table. Pay yourself for the time spent if your given the opportunity! That's me done for the week with FX:GBPUSD But lookout for 1.26052 sellside
i am basically grounding this analysis on the rsi divergence that form on the weekly timeframe
I forecast that GN is going upwards, not only it reaches 0.618 daily fibo, but showed minor triangle pattern in H1, target at nearest resistance as showed in video
GBPNZD ... Potential "Counter Trend Trade" for Next Week - Atlas
Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534. If not, then it is friday and the weekly candle may pull back...
CHFJPY could continue to rise to the swing-high resistance, from there it could react off and fall to the take profit level. Sell entry is at 171.323 which is a swing-high resistance. Stop loss is at 171.658 which is another swing-high resistance level. Take profit is at 169.964 which is swing-low support level. High Risk Investment Warning Trading Forex/CFDs...
When trading GBP/USD, traders often look for specific candlestick patterns and chart patterns to identify potential trend reversals, continuations, or other trading opportunities. Here are some candlestick patterns and chart patterns specific to GBP/USD trading: **1. Candlestick Patterns:** a. **Engulfing Pattern**: - Bullish engulfing: Occurs when a...
GU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
Today's focus: CADCHF Pattern – Continuation Support – .6502 Resistance – .6540 - .6549 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart. Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up...
EURGBP could continue to rise and breakout of our buy entry to climb higher. Buy entry is at 0.85550 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 0.85400 which is a level that sits underneath the overlap support Take profit is at 0.85707 which is a multi-swing high resistance level. High Risk...
EUR/NZD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.74501 which is a pullback support. Stop loss is at 1.74000 which is a level that sits underneath the 127.2% Fibonacci extension level. Take profit is at 1.75219 which is a pullback resistance that lies underneath the 38.2% Fibonacci retracement...
GBPJPY 6 TRADES IN A ROW THIS WAS SO RISKY I TOOK MY OWN Responsibility Please Try to analysis on your own detailed examination of the elements or structure of your own trade do not trust anything you see You Cannot Control the market. Market will control all of us Trading is 95% Of psychology
The Aussie (AUD/USD) is falling towards a potential breakout level and could break under this level to drop lower. Sell entry is at 0.65408 which is a potential breakout level. Stop loss is at 0.65750 which is a level that sits above a pullback resistance. Take profit is at 0.65065 which is a pullback support that sits above the 61.8% Fibonacci retracement...
In this video, I'll be reviewing yesterday's GBPUSD analysis, examining market entries, confirmations , and providing a fresh forecast for upcoming market movements . Join me for a comprehensive look at recent trends and potential trading opportunities. Kind Regards, The_Architect
Hello Traders! The yen crosses keep on pushing. Yen is trash.