We've got a break to the upside on an inside bar / spinning top on the 8H chart. Whilst it still offers good R:R, we wait for a potential pullback before entering to lower risk.
EURGBP went up as we predicted 2 weeks ago (see tradingview November 22) and now we expect a rejection to the Fib 0.5 area then it will go up again.
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Add this on to your watchlist. Are we going to see the trendline hold. I am more biased to setup A as we have higher amounts of rejection from the Fib zone, we are not testing to break the lows from the sideways move. I would like to see the pair shift direction to the downside as the GBP grows in strength. Once the pair gives us a valid trade entry I will...
The counter is currently in an ascending channel pattern. It fell off recently from the high to lower parallel, where it found support. Now, it is marching up with momentum indicators like MACD and stochastic on the verge rendering a bullish crossover. Hence, we expect the pair to be bullish in the near-term.
Good Afternoon Traders, The EURGBP may rise following the current draw-back. It appears the pair may enter an area of consolidation while the market tries to figure out exactly what it wants to do. The commodity backed currencies are causing turmoil to the EUR, USD, CHF, JPY, and GBP with the recent bullish expectations from investors. From a technical...
EUR/GBP is still bearish, so we can't be looking for any Long for now. If we saw a false breakout of highlighted horizontal Mirror Level, we'd be looking for a nice buy in case price action speaks a bullish language.
Hello, I hope you are doing well! At the moment we can see two major levels 0.874 and 0.864 What I'm expecting at these levels? In my opinion, the price should bounce at 0.864 level (purple) and just after we will see what momentum and pattern it will give us. At the moment I can just prepare for a few scenarios: After bounce the price will from side move...
GBP is strengthening across the board this bank holiday Monday and GBPUSD LONG is looking good (i've already analysed this) and EURGBP looks a standout SHORT trade. My specialist indicator is strongly suggesting a SHORT/SELL trade on this pair with S1 resistance below which will be a target for BEARS. I think this level may go so I'm targeting .8640. I'm in at...
HI, TRADERS MY NAME IS KD TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :) YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT. THERE IS NO OBLIGATION TO CLOSE AT TARGET TP. RISK MANAGEMENT IS VERY IMPORTANT :) HAPPY TRADING~ _________________________________________________ WANT TO LEARN MORE OR RECEIVE ACCURATE AND IMMEDIATE SIGNAL? Telegram: KDEZ00
HI, TRADERS MY NAME IS KD TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :) YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT. THERE IS NO OBLIGATION TO CLOSE AT TARGET TP. RISK MANAGEMENT IS VERY IMPORTANT :) HAPPY TRADING~ _________________________________________________ WANT TO GET MORE ACCURATE AND IMMEDIATE SIGNAL? Telegram: KDEZ00
EURGBP Buy Entry Price : 0.87798 Profit Target : 3.50% Stop Loss : 1.25%
Hello guys! Looks like this trade will fill in TP or I will close it manually. So what I'm looking for in the chart at the moment: The momentum of buyers is coming, just I want to see how strong this momentum will be. The big probability that the chart will change direction at least for bigger correction, before moving down. I hope to see some signs,...
Hello guys! Hope you are well. I spend a few hours to get a better picture of possible movement coming this week. First of all, we are in selling pressure (correction) already 9 days and around 600 pips. Probably this or next week we will complete correction and probably we will have another impulse UP. We have to keep that in mind to avoid bad trades and...
Hello again! So after a retest (marked black), I took one more trade, so now we are with 3 trades in profit! I'm pretty sure that all positions will take TP, if not I already move SL to breakeven to save my profit. DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary...
Hello, I hope you are well... We can see clearly in the chart that the last drop (red) was stronger than this move up (orange). We reached a 0.93 round number. There is a big probability that price will react to this level and we will see another impulse down from where I will start looking for BUY opportunities. Let's see how it works. ;) DISCLAIMER: Any...