British Pound Futures trade ideas

rayyanmaq1

6B1 Bearish is respecting the trend line and now good down trend move..

Genesiv

Type : Bullish Rise Resistance : 1.2287 Pivot: 1.2157 Support : 1.2077 Preferred Case: On the H4, with price moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise from the pivot at 1.2157 where the pullback support and 50% fibonacci retracement are to the 1st resistance at 1.2287 in line with swing high...

rayyanmaq1

6B1 is playing with trendline and now is good position for short.

Genesiv

Type : Bullish Rise Resistance : 1.2286 Pivot: 1.2161 Support : 1.2047 Preferred Case: On the H4, with icpre moving along the ascending trendline and above ichimoku cloud, we have a bullish bias the price may rise from the pivot at 1.2161, where the 23.6% fibonacci retracement is to 1st resistance at 1.2286, which is in line with the 78.6% fibonacci retracement....

Genesiv

Type : Bullish Rise Resistance : 1.2181 Pivot: 1.2061 Support : 1.1955 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 1.2061 where the pullback support is to the 1st resistance at 1.2181 where the overlap resistance, 61.8% fibonacci...

Genesiv

Type : Bullish Rise Resistance : 1.2184 Pivot: 1.2061 1st Support : 1.1955 2nd Support : 1.1778 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 1.2061 where the swing high resistance and 61.8% fibonacci projection are. Once there is upside...

Genesiv

Type : Bullish Rise Resistance : 1.2184 Pivot: 1.1957 Support : 1.1784 Preferred Case: On the H4, as prices has broken out of descending trendline and RSI moving along an ascending trendline, we have a bullish bias that price will rise from the pivot at 1.1957 in line with the pullback support to the 1st resistance at 1.2184 where the swing high resistance and...

Genesiv

Type : Bearish Momentum Resistance : 1.1953 Pivot: 1.1895 Support : 1.1783 Preferred Case: On the H1, with price moving below the ichimoku cloud and along the descending trendline, we have a bearish bias that price will rise and drop from the pivot at 1.1895 in line with the pullback resistance to the 1st support at 1.1783 where the 161.8% fibonacci extension and...

RED_FoX_OF_WS

🦊¶REDFOX CAPITAL™¶🦊, GBP FUTURES! British pounds have been falling now for several months and now lying on historical support.... Last few days back this currency created a new historical low and bounced up aggressively but still came back into the support that is to say the buy was sponsored by the Government to support the currency from seeing further dumps...

Maximilianned

Both the Pound and the Canadian Dollar look the same. Chart really speaks for itself. I am long 6B through options. DXY is over done, looks like this chart except inverse. Target here is 1.21200 Six Hour Chart

Genesiv

Type : Bearish Momentum Resistance : 1.2201 Pivot: 1.2109 Support : 1.1952 Preferred Case: On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to the pivot at 1.2109 in line with the swing low support, 78.6% fibonacci projection and 78.6% fibonacci retracement. Once there is downside confirmation, we would expect...

Genesiv

Type : Bearish Drop Resistance : 1.2335 Pivot: 1.2181 Support : 1.1950 Preferred Case: On the H1, price is moving below the ichimoku cloud and has recently broken out from the ascending trendline which gives us a bearish bias that prices will drop to the pivot at 1.2181 where the 100% fibonacci projection, 50% fibonacci retracement and swing low support are. Once...