GBPHKD Weekly Setup Inside bar on the weekly for GBPHKD Price is in a current downtrend
If you do not trade forex but are concerned with global properties market sentiments , then knowing the currency exchange of the country that you intend to acquire the property with the one you are staying is crucial. Read this article here From the chart, we can see in Oct 2016 and the recent Mar 2020, the exchange rate is the lowest, that means 1 pound is...
Hi everyone, I am way too tired to make a full blog post, but I see some opportunities in this pair. Right now I think it is going down, but I can see that in the longterm it is heading back up, and I will make the full post once I feel well enough to give you all an accurate reading, but for now take this small setup. Macd on the 15 minute has crossed and...
Possible bullish trend due to HKD weakening and GBP raising. (Fundamentally)
Even though GBP looks bullish, we still anticipating a fall, this might take a little longer to fall as seen the bulls were taking this as high as possible. Get ready to Short as soon as we find selling conformations on lower time frames LTF.
Do you think the same as me? Leave your comments below.
CURRENT CONFIDENCE = 60% TARGET (EXIT) PRICE = 0.104489 GBP BREAKOUT (ENTRY) PRICE = 0.103454 GBP DISTANCE TO TARGET PRICE = 0.60% (6.2 pips) CONFIRMED ON Jun 24, 08:16 AM (UTC) WITH CONFIDENCE LEVEl = 68% Tickeron AI shows that the Falling Wedge pattern forms when the price of a pair appears to be spiraling downward, and two down-sloping lines are created with...
CURRENT CONFIDENCE = 68% TARGET (EXIT) PRICE = 9.723198 HKD BREAKOUT (ENTRY) PRICE = 9.685407 HKD DISTANCE TO TARGET PRICE = 0.21% (206.8 pips) Tickeron AI shows that thee Rectangle Top pattern forms when the price of a pair is stuck in a range bound motion. Two horizontal lines (top: 1, 3, 5) and (bottom: 2, 4) form the pattern as the pair bounces up and down...
This pattern is on all GBP pairs with slight variations. This would be an awesome time to go short when most of the market is long.
GBPHKD long swing trade setup based on trend reversal break to upside. Buy on pullback to 38.2 - 61.8 fib zone with targets and sl as per chart..