Timbas

Timbas

I see a bullish breakout on 4h chat. I suspect the price may retest the support or the trendline before continuing with the bullish momentum. I am setting a two buy limit, for both shallow and deep retracement

Timbas

EURGBP is still bullish as long as it is respecting the inner trendline I am setting buy limit at this level or I will enter if the price is rejected upon inner trendline retest

Timbas

The EURGBP is currently in small consolidating zone (we dont trade this zone), we need three conditions to enter a trade 1. wait for the pair to breakout from the channel 2. retest the channel/zone 3. wait for the candlestick confirmation to the direction of the trade NOTE; The high probability trade will be if the breaks from downside

Timbas

The GU is testing the support after breaking 1.3 level, we are expecting the price to continue bullish , when the 1h candle (atleast 70%) break this counter trend-line and closes outside it, I will look for buy

Timbas

THE GBP IS CONTINUING TO BE BULLISH EVEN TODAY, DUE TO A WEEK DOLLAR. CHECK THE CHART FOR THE DETAILED VISUAL EXPLANATION

Timbas

CHECK CHART LABELLINGS FOR THE DETAIL ANALYSIS ON EN. DONT FORGET TO LEAVE THE COMMENT ON THE CHART BOX FOR SUGGESTION. I WILL UPDATE THIS ANALYSIS ON A WEEKLY BASIS, PLEASE FOLLOW ME TO BE NOTIFIED every time I POST AN ANALYSIS. CHEERS

Timbas

The h4 CHART is rejecting 200 SMA which is exactly at our resistance zone. we expect the price to be bullish for the rest of the day

Timbas

The is a buy opportunity on GBPUSD. The market has broken the resistance in from 4h chart to other small time frame

Timbas

The Price has failed to break the support If you will like me to analyse other pairs, let me know in the comment

Timbas

for a selling opportunity, we will wait for the price to break and retest the support If you would like me to analyse any pair, let me know in the comment section.

Timbas

The market is a downtrend. we are waiting for the breakout of either downtrend of counter-trendline.

Timbas

The market is in the uptrend The counter-trendline is broken we are taking a long position with a tight stop-loss

Timbas

GBP HAS BEEN BEARISH TODAY AND IS CURRENTLY RETRACING. I STILL SEE THE GBP CONTINUING TO BE WEAK EVEN TOMORROW. WE DRAW A COUNTER TRENDLINE (BLUELINE)AND WE WAIT for FOT A CANDLE(70%) TO CLOSE ABOVE THE COUNTER TRENDLINE. WE WILL THEN OPEN A LONG(BUY) TRADE AT THE OPENING OF THE NEXT CANDLE

Timbas

GBP HAS BEEN BEARISH TODAY AND IS CURRENTLY RETRACING. I STILL SEE THE GBP CONTINUING TO BE WEAK EVEN TOMORROW. WE DRAW A COUNTER TRENDLINE (BLUELINE)AND WE WAIT for FOT A CANDLE(70%) TO CLOSE ABOVE THE COUNTER TRENDLINE. WE WILL THEN OPEN A LONG(BUY) TRADE AT THE OPENING OF THE NEXT CANDLE

Timbas

The price is still holding on an uptrend inside the channel but looks like it is struggling to break the resistance, Then we are anticipating that the price may break the trendline, then we will sell the market after the retest. I will confirm the entry The buy entry will only be confirmed if the price trade above our SL level