louiskiyay

louiskiyay Updated 

Entry: 8700 SL: 8750 TP: 8200 R:R: 1:10 Let's see what happens.

louiskiyay Updated 

Entry: 7000 SL: 6890 TP: 7730 R:R: 1:3

louiskiyay Updated 

Entry : 8550 SL : 8590 TP: 8150 R:R : 1:10

louiskiyay

A very familiar pattern is forming. Could be an opportunity to get in on it. Probably need a better SL because it's that time of the month.

louiskiyay Updated 

2 possibilities. Go short upon open and close after the break or wait for the break, pull back and then go short. It's the weekend so no need to rush a decision until Monday open.

louiskiyay

Market seems to be ranging. We're now at the bottom of the range and we're seeing some signs of buyers coming back in. Looking to go long with more confirmations.

louiskiyay

Strong push up, price is now retracing and now we wait to see if price is going to hold before heading up further.

louiskiyay Updated 

I have a dream. And that dream is GBPUSD going down because we've hit resistance and now are back in a similar position since May.

louiskiyay

There are 2 entries to try. One is right now around 5575 and the other is around 5750. It may or may not go back up for a better entry. Why? go short when everyone is long? We have crossed resistance and we can see bears starting push the price down again. This is the 3rd attempt and so far, 5000 has proven to be a support bulls are unwilling to give up. So it's...

louiskiyay

Price has stalled and we may be seeing a H&S. Multiple rejections before 65.00 could be a sign to take a dive. Price would need to break 66.00 with conviction to signal a bullish continuation.

louiskiyay

Price is showing signs of weakening. Trend may retrace before going back up. Really good opportunity to go short around 5400 and hold until 5000-4800. Should it fall in that area, I'd wait and see if it's a false break to the downside due to the longer TF being bullish.

louiskiyay Updated 

So the best way to trade a new pair is just to jump into it with reasonable risk. Price is dropping but let's see what happens over the next few days. Should price show rejection, it'd be a good idea to go long.

louiskiyay Updated 

We're at support. Even if price is past it, let's see what happens over the next few hours. Enough rejection should be a good spot to go long with minimal risk.

louiskiyay

We're approaching resistance, price has shown quite some rejection around this area from the beginning of April. Will it hold?

louiskiyay

How strong is this downtrend? Considering we keep making new low by the hour, it'd be tempted to sell. However, price has made a dramatic rise when price dropped below 0.00007500. It's now broken through another support at 0.00006700. It'll be interesting to see what price action does from now down to 0.000060. Buyers have already started showing up around...

louiskiyay

Price has shown to go down drastically so I'm thinking there's probably resistance at 2900. Maybe it'll go above maybe not, who knows.

louiskiyay Updated 

Price has slowed down and I am expecting price to go down again but the lack of momentum tells me price can go either way at this point. If price goes down right away, I expect it to move back up where it'll face rejection. That's when I'd put my short order. If price breaks the resistance, I expect it to be a false break which would also be where I'd enter a short.

louiskiyay Updated 

Price has been slowly declining which makes me think this could be down based on what happened the last time price was in this area.