it looks like GBP is getting stronger than before volume is rising I wait for breaking out the level 1.30
BULLISH COUNTER TREND CHANNEL DURING A TWO YEAR BEAR MARKET DOJIS POST A BEARISH PULLBACK 50% FIB RETRACEMENT
We observe the golden cross in the price however, we must consider the long term trend which is in the C wave. If you will also check the daily chart, it will be clearer to see the direction of the price. On the fundamental side, investors are looking for stability in the market before they invest in risky assets. In such, we see that the BREXIT is still in the...
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Hi Folks, we forecast GBPUSD to rally up, however trade safe, NO sell at all, bandkers tend to get a deep push before a strong trend starts. NO SELL AT ALL
Clear buy of in a very strong area of support, bullish candles have started forming the reversal pattern as well.
As i mentioned in my previous post, this pair is correlated to the GBP/USD pair. Prices are also moving in a downtrend, after having breached an ascending trendline. . The price also broke out of a symmetrical triangle to the downside and completed a retest. Price is making a series of lower highs and lower lows. May the bears take over the world!!!
As I mentioned in last weeks post, we are currently testing that 1.29-1.30 support. This area is going to be extremely crucial in determining what comes next but I am expecting a retest of the 1.305 ish price mark before a continuation of the downtrend. The MACD bearish Divergence is now currently confirmed signaling the just now start of that downward trend. The...
cup and handle formed, price once break resistances level
Check chart for description. Our free telegram channel t.me
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...
Chart menunjukkan Buyer telah memasuki pasaran GBP.Berkemungkinan USD lemah untuk sementara waktu.
The break of this trendline means several things for me : -> possible restest of structure support. -> confirmation of sideways moving period, which allow us to look for pattern trades, or other sideways moving strategies. However the break of the trendline can create a downtrend on lower timeframe.
GBP/USD broke its 1st major resistance level and may soon be on its way to breaking another resistance level. The US Dollar is at a weak point right now but the GBP is looking healthy. Future economic news could push the U.S. Dollar further down and GBP well much higher. You might want to keep an eye out for this pair; I see a lot of good opportunities coming....
Hello Traders, I hope you guys enjoy this impulse. There still a lot of room to the down side. Now watch for trend continuation pattern to sell it, same as the previous one. Good Luck! Cheers, Jonas
Strenght in the usd this couple past days. Probably due to the fact that it is so obvious that the Fed will make the rate hikes. We will be careful this week, nevertheless, this trade looks really good. let's see if a good buy set up comes up, and if it does, BANG IT.