Bearish. Price has raided an old swing low, and then mitigated a +OB. Expecting a bullish reaction in the near term, up to the local lows. The market will resume the bearish trend afterwards. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate it. SUBSCRIBE if you want...
Waiting for rejection off the liquidity zone. Then I will look to sell from that zone. Selling only after the break below the HMA and the retest of the liquidity zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*
📉Bearish Bias Next Week 📉 🔴Weekly IRL Tagged 🔴Strong H4 Selloff After W-IRL Tagged 🔴Looking to Short into Weekly ERL 🎯Target: 1.2043
On the backside of the short we can ape in for the bounce off the bottom, would not recommend futures as the open interest on the contracts will be low, options is how to play this. Safe side is sell the put (don't advise selling naked unless you can manage the trade at all hours) or a credit spread to hedge any risk. This will provide ample time to collect the...
GBP - 1.24 Next?! CME:6B1! FX:GBPUSD GBPUSD - 1.24 Next! We've had a great run, I'd still be buying longer term dips on GBP - However, for now I feel a pull back is due and this is great opportunity for us traders to take opportunities of the bull and bear side! Overall pattern, wedge - We've broken to down side the first area of interest to me is 1.24/...
GBP - Month & Quarter End... What a quarter we've had...We do still have plenty of data coming out today. Buckle up! We just had EUR CPI flash coming out lower than expected but the core is in line but today we have another important data print coming out of US - Core PCE Price Index m/m. Which is a key metric the FED are taking into account. Now I don't know...
Type : Bearish Drop Resistance : 1.2016 Pivot: 1.1894 Support : 1.1781 Preferred Case: On the H4, with the price moving below the ichimoku cloud and moving within the descending trend line, we have a bearish bias that the price may drop from the pivot at 1.1894, which is in line with the 78.6% fibonacci retracement to the 1st support at 1.1781, where the swing...
6B1 Bearish is respecting the trend line and now good down trend move..
gbpusd try reach 1.4000(fibo 61%) advice=looking for buy until low 1.36000 break ,our target is fibo 161% 1.42000 ,strongly advice dont pick sell signals =on daily chart, AC and stoch 7.4.4 turn green now mean + up trend comming
very very powerful place for buy and hold 20-30 day to high , min fibo 61% 1.3666 after 2-3 day down movment, gpusd will start powerful trend, fly up after buy ppen,dont close it soon with little profit,give it time to reach min fibo 61%
Will be spiking at 6B1! Futures Chart 6A1! CME, therefore you should buy it in 30 minutes as long as the candles do not break the trend line
(18.06.2020) 6B has every opportunity to fall to 1.2164.
WE HAVE OPPORTUNITY HERE FOR SELL 6B1 HIGH RISK FOR THIS POSITION BUT IF WE HIT SL WE CAN CHANGE IT FOR A BIG OPPORTUNITY FOR BUY 6B1
Depending on alot of sign it seems like 6B1! will be increased soon