See brief on the chart We may expect further donward move of the price.
Explanation on the chart. Expecting a good NFP. Trade safe guys
See brief on the chart. Trade safe guys.
See my idea on the chart.
Long and short- both oppurtunities
See description in the chart. Trade safe guys
Description on the chart. Trade safe guys
Similar to UJ , GJ is also making some good pattern. On a daily TF we can have the pattern and good sell limit orders. Trade Safe guys.
I shared a chart on H1 TF for UJ where a pattern formation is in the process. I was looking at the weekly TF too at the same time, we have a possibility of similar pattern formation on the weekly TF too. TP1- 38.2 and TP2- 61.8 Fib Levels. SL- Above X point Lot size as per your account size and also I would recommend for a smaller lot size looking at the pair...
Possible Pattern Formation and price moves. Short oppurtunities if the pattern is formed and valid. TP is 38.2 and TP2 is 61.8 Fib levels. Stop loss above X point. Trade safe guys.
As GU formed a gap due to market close and open and it was downtrend line . After the market open it went down retested the trend line and now an upward move is expected. Targets could be 38.2 and 61.8 Fib levels Trade safe guys
Looking at the price action for the last 5 days, its clear that that the price got rejected from the trend line and after that the price also tested the strong support and resistance zone in blue. Currently price is holding at yellow suppor zone.My trade idea after price rejection to go for a sell top if the price breaks the support zone ( yellow). Trade will be...
Please details on the chart. Sell limit orders placed
Looking at the daily chart, if we draw fib from the point where it changed from bullish to bearish we can see that the price is trying to retrace back . A 23.6% retracement was completed and price started moving down. The price could possible go down to touch previous support line 1.05249 then th price might start retracing again aiming towards 61.8.
Trade based on simple price action, rejection and reversal.
Looking at the current gbp bad data and and price action movement, the price rejection and reversal indicator can be seen on the H1 candle . The price may try to retest the previous high resistance level and then if not broken then we can expect a continue downtrend. simple price action trade idea- Sell limit order trade safe guys.
Looking at the current price action and movement GU could possibly follow the trendline and watch for breakouts at both level.