Hi Traders,
GU is likely to break this structure to the downside. The 4h chart is giving us a double top pattern and the 1h chart is making a head and shoulders pattern which gives confluence. A break of this structure can make price test the 1.38000 Levels.
Happy Trading.......
Hi Traders,
GU is likely to give a reversal or a fakout of this structure which it is testing now. We can take a long position once the 30M breaks the trendline, with a target till it tests the upper structure.
Please use proper risk management.
Happy Trading.....
Hi Traders,
The Corrected zones are as marked above, Enter a position after breakout from the red zones in 30m TF. The trendline breaks can be used for scalping. We recommend a position on retest at the zone in 15m TF. Ensure proper risk management.
Happy trading.....
Hi traders,
Enter a position after breakout from the zones in 30m TF. We recommend a position on retest at the zone in 15m TF. Ensure proper risk management.
Happy trading.....
Hi traders,
The GBP USD is about to breakout from the zone. We advise all to enter on retest in 15M TF. Ensure proper risk management.
Happy trading.....
Hi Traders,
This pair is in a downtrend as per higher timeframes. We have good resistance zone between 1.84114 - 1.81264 (Blue Area). When we analyse the daily chart, price gave fake breakout of the 50SMA and it has again retested the 50SMA on friday after finding support at the trendline.The 15min Chart shows that after finding support at the trendline price has...
Hi Traders,
The daily chart indicates we are still in a sellers market and the uptrend in the lower timeframes are actually a pullback move. The major resistance is at 76.748 - 76.218 (yellow zone) levels. The hourly chart indicates we have a minor resistance at 75.954 - 75.858 (Blue zone). This level can be used for short term scalping trades. Now coming down to...
Hi Traders,
The higher time frames indicate we are in a short term downtrend. Price is testing key resistance at 1.69837 - 1.69676 Level(Red). If price breaks and close below 1.68697(Yellow), we can enter in a short position for a possible target at 1.68106(Green) with a stoploss maintained above 50SMA. This trade Setup is valid only for the present day as these...
Huge Candle Just formed. Potential huge bullish rise however i'm just reaching for 20+/30+ pips profits. Suggest IF YOU CAN to up your lot size for this potential swing movement. Adjust your trades appropriately.
