GBP/USD May rise 100-150 pips
Insight -Price moving in a downwards trend, has broken previous support level with price now
below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go
long then reverse once price is at the golden zone.
Intraday - Buy
Buy or Above: 1.2763
Target TP: 1.2847 & 1.2915
not much to talk about, we opened gap up which is great and it looks like we aren't going to pullback too much.
£$ has already broken daily pivot points and looks like its testing R3 as support. we shall let the day tell us whats going on, lets wait for the yanks to wake up.
For now stick to the plan. BUY THE DIPS
So we nailed and some the Bullish retracement! However, the EURO has recovered too quickly. It launched back up to our 100MA (Blue) exactly as aniticpated, now with the Stoch.Osch & RSI indictors will tell you on the 4H & Daily that we need to come back down in a Bearish move towards our lower Support Zone and Trend Channel
Here you can see 3 yellow lines I was going to enter at 07:15gmt but it flushed down within 3 mins didnt open my MT4 qucik enough if it brakes my 2nd yellow line Iit could be another sell.
ANZ's Business Outlook Survey shows the results of a monthly survey including hundreds of businesses nationwide. ANZ Business Outlook analyses where...
Potential CBO short for UCAD, has been ranging in a daily wedge / channel for a while now, with a recent overshoot to the upside momentum and volume has dropped especially after the initial rejection from the major resistance level, UCAD is starting to break down. We created a smaller up trend / rising wedge on the 4hr and have now broke the support and are...
1) Price has been in a general downward trend since JANUARY last year. #trendtrader
2) Price is coming to the roof downward wedge and we may see a reversal.
3) It has also reached 78% point of the Fib retracement and it may see resistance
4) The RSI is also coming to the overbought area but hasnt quite reached it yet
1] If we see the price break the...
Expecting XRP to drop one more time
before the high-table speculators kick in.
It is still uncertain whether the price
Better be bear, than sorry)))
For a while. See the levels.
I don't believe that
the bottom is in.
Good morning all,
Gold is currently bouncing around the 1557, 1558 price mark. Hoping the analysis shown can predict a possible outbreak before a possible re-adjustment to the price once the breakout has began to slow down/finish. The Blue zones show the area of which a breakout would cross & the highlighted rectangle shows frequent consolidation around that...
Actualmente no está cerca de ningún kl aún así, vemos como está retesteando un triple suelo, con lo que suponemos que subirá aunque no demasiado ya que 1. tiene un HCH que actualmente acaba de retestear, 3 supplys por encima y además la tendéncia alcista, con lo que suponemos que puede subir un poco pero lo hará...
se está creando un punto 3 muy interesante el cual además es un triangulo simétrico con lo que hemos de estar atentos por una posible confirmación cuando sea roto y retesteado, además actualmente estamos en un 38% de fibo que ya ha roto con lo que tendría de bajar hasta 61 y posteriormente hasta 161.8% (mínimo 127%) con lo que nos ayuda a confirmar la posibilidad...