$GBP - A break to either direction! Great set up - A break to either direction, quiet week due to the holidays! Don't forget to trade your own plan! Trade Journal
One of my favorite combination is 1-2-1-2. I smell bears in the bushes, keep your eyes open.
Technical & Trade View GBUSD Trade View 1.20 Target Achieved, New Pattern Emerging Bias: Bullish Above Bearish below 1.1760 Technicals Primary support is 1.1760 Primary upside objective 1.2060 Next pattern confirmation, acceptance above 1.1970 Failure below 1.1730 opens a test of 1.1630 20 Day VWAP bullish, 5 Day VWAP bullish Today’s New York Cut Option...
Not financial advice. It is my opinion that GBPUSD will sell off today to around the 1.16474 level.
GBPUSD D1 - Wouldn't like to attempt to swing short this pair, due to it's aggressiveness, or any USD related pair for that matter, however, I would still be happy to indicated preferred buy zones upon relative corrections, regardless of where we head, we can simply prepare ourselves for buy opportunities amongst ***USD pairs, whether we pullback and realise them...
DXY D1 - Two extremely bearish days to end the week last week for the dollar, inflation figures coming in lower than expected has really highlighted the possible pivot for the FED, inflation and interest rate woes. Simply looking for this bear run to expire, from here, we can then look for some healthy corrections, before then trading amongst new and fresh trading...
GBPUSD! N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
CABLE IDEA This long idea is based on the 1H timeframe What are your thoughts about this idea!
Cable made five waves up from the 1.0353 lows, which suggest that bottom is in place from Elliott wave perspective, but more upside can be seen after a corrective pullback. We know that after every five waves market slows down for a three-wave setback that is now underway. Probably the pair is going to form an A-B-C flat correction, currently trading in wave B...
Trade Idea: Selling GBPUSD Reasoning: Filled the overnight gap, downtrend expected to continue. Entry Level: 1.1378 Take Profit Level: 1.1151 Stop Loss: 1.1425 Risk/Reward: 4.94:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
After breaking a daily uptrend with retesting it ...waiting for bouncing off 4H supply zone using smaller time frames as a confirmation to go with short trade with good R/R ratio up to the next support level...be safe...
As per the EURUSD trade idea, if the US dollar index continues to correct lower, we should see the major crosses react bullishly against the greenback.
Has GBPUSD bottomed? Price action suggest that it has. Since GBPUSD dropped to $1.036, higher lows pattern have formed WITH contracting pattern (tightening). From that pattern I drew a trendline. Price broke the key moving averages confluenced with the trendline break. Currently price is retracing back to its mean 50/100/200 after testing several times the $1.163...
GBPUSD needs to fall 250 pips, then will rise \\ this is a great sell, and it will a great buy later
Market excited with Rishi as PM, but bulls need to overcome hurdles at 1.18000 to continue the move. A rejection at this level may revert price to re-test previous support levels... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Following the downside drop of the TVC:DXY index that shows the strength of the Dollar, FX:NZDUSD has been trending to the upside. similar to its correlated pair FX:GBPUSD . Will this hold for the long term?? let's wait and see. my view is bulls will control the markets for the NZD/USD to the 0.6200 level. ITS A GOOD TIME FOR A BUY ENTRY. RISK REWARD...