G5B_FX

G5B_FX

Possibility....

G5B_FX

It's how I see it. TP: 0.7-0.72

G5B_FX

Daily MA's have just crossed over after a period of consolidation. Anticipate formation of new High.

G5B_FX

Several Factors indicating a long

G5B_FX

Previous entry hit SL however I believe the technicals are still pointing north despite all this Greek Crisis news. The gap downs have formed essentially a double bottom at valid supply (first gap tested fresh supply, second gap retested this area) forming hopefully an area of strong support. This is also enhanced by the fact that this is a zonal area for...

G5B_FX

Simple Range Break - TP 2.08

G5B_FX

possible ABCD pattern in play...pair is prone to prolonged ranging periods - Let's see if it plays out

G5B_FX

Despite all this Greek Crisis news the technicals seem to be pointing up! There's a couple of key area's ahead but the long looks good! Let's see how this plays out! Happy Trading Folks - G5B_FX

G5B_FX

Below we have a simple ABCD pattern forming - currently progressing B-C. The following are noteworthy; 1 - Weekly candlesticks are bearish moves, we can predict further bearish activity; 2 - MA's have crossed over bearish on both daily and weekly timeframes; 3 - A smaller ABCD pattern completes at leg C of overriding pattern; and 4 - point C (or D of smaller ABCD...

G5B_FX

EURGBP is at a pivotal area at the moment! A few notes; - Potential double bottom on weekly TF; - Weekly price also indicate potential for massive bullish movement should price break past the yellow range box; - Currently the price action is at the meeting of a multiple TL's, whilst also being potentially capped by 0.618 fib retracement and the 200 EMA; At...

G5B_FX

Right - This pair has been in a steady uptrend pattern since September last year respecting the upward trendline beautifully. However since February this year we've seen successive lower high's being formed, whilst still respecting the upward trendline. The formation of this rising triangle means we could we a break to the top or bottom, however given the...

G5B_FX

We've seen a bulling break above the CTL on the daily on this pair and if we drop down to the 4H TF we see a break and multiple retest of this line. I believe we will see a move up to test the previous highs and if the bulls have enough power perhaps even the 0.618 mark. As I've recently taken an interest in Harmonic Patterns I believe that this pair also shows...

G5B_FX

Looks like the bulls are all worn out. We could see some sizable bullish activity before the bears return and we see the formation of new lows. I believe the two bearish crab patterns are also valid and look to be at key area's (based on previous structure). This would add to my belief that we'll see deep bullish retracement before the bears return. New to...

G5B_FX

Let's see how this pans out! Would love any feedback ;) Happy trading folks - G5B_FX

G5B_FX

Already entered this pair and hit TP at 127.100. Since then we've seen new LL and a retracement to test the CTL. Currently it seems to be holding as support. If this remains the case we may see a fall to the 125.700 level. Let's see how this pans out! Would love any feedback ;) Happy trading folks - G5B_FX

G5B_FX

GBP is very weak at present - perhaps ahead of uncertain election results. USD has seen some negative results with week but seems to be priming for a rally. Let's see how this pans out! Would love any feedback ;) Happy trading folks - G5B_FX

G5B_FX

We've seen a sizable retracement with this pair, reaching the 0.78 fib level on the daily chart. however I believe the the pair is in a distinct downtrend. The pair has broken both the CTL and inner CTL on the 4h TF as well as displaying a retest and rejection of these. Should this continue I believe this could go to the 0.72000 area and maybe further. Let's see...