GBPSEK trade ideas

Vigilant

GBPSEK declining to test the support

TradeLive-

GBPSEK

HelloGuy

Confidence level: Medium

InkyGrip Updated 

GBPSEK on the 4chart reached the daily descending trendline and for rejected. The price is now retracing and we can expect a test of the 0.5 / 0.618 Fibonacci retracement. According to Plancton's strategy if the price will pèrovide us a sign of inversion we can set a nice order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...

Neon Updated 

Seems repeating the larger degree fractal..implying Brexit deal around the corner

Global_Fx Updated 

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moenyc1fx

Chart Patterns

Global_Fx Updated 

Hello Traders, Here is some Educational Chart Patterns that you should know in 2021. Most of these patterns are seen daily in Stocks, Forex and different markets across the globe. I hope you will find this information educational & informative. Your support is appreciated with a like & Comment Head and Shoulders Pattern A head and shoulders...

olly48

I previously stated I was expecting this to drop a bit more but it seems to have formed some support in the current area but it is at 0.382 FIb so that is fine. I recommend waiting for the MACD to show some more signs of bullishness and EMA's to cross or come very close to crossing before entering a long. TP is at -0.272 Fib and SL just below 0.5 Fib as shown on the chart

CricketPlayer64

looking for the gbp to out perform the swedish krona big time, don’t think there’s any explanation needed we should all know the fundamentals

olly48

This has had sharp growth in the past week and broken structure. I expect this to now retrace to support at 0.5 Fibonacci and then rise 11.517 which is -0.272 Fib

InkyGrip Updated 

GBPSEK on the 4h chart created a double bottom over a weekly structure. The price after the attempt to break the below got rejected back up. IF the price will break the minor resistance we can set a nice long order according to Plancton strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...

Rykin_Capital Updated 

And has been for quite a while. No evidence of a pivot. Fibgoals in green, invalidation in red. Good luck, this is not financial advice.

DKFX40

1. Strong downtrend move 2. Broken trendline 3. Broken support 4. Rejection wicks 745 pips TP 1.00 lot = €711

rizmalik

Possible move

ranjm

I Think

IberiaTrading_mentoring Updated 

Hi All, We have a free Day trade for day traders. Please bear in mind it's the 15th Tomorrow Johnson's brexit deadline day for a trade deal!. So High risk!. Entry and sl Marked. Many Thanks

acelestin40

price may continue down to the daily support for a potential short