High-risk position from what I posted before. We have been following the price for some time now. The price broke the trend line .. now doing a pullback. .. I entered as I posted. It's all about probability.. remember risk management. PS. Leave your comments and thoughts.
For this week, I'm looking at GBP/USD for opportunities to enter sell positions, as I showed on the chart .. the price has been moving in a trading range ( NOT A CLEAN ONE) for some time now. We have a resistance zone where the price had been rejected a couple of times .. last week, the price broke the resistance for 10 hours max but came back to our range with...
GBPCHF is testing a strong horizontal resistance. Here are multiple bearish clues that I spotted after the test of the underlined area: the market was rejected heavily, forming a sequence of rejection candles, the price formed a head and shoulders pattern and broke its horizontal neckline, the pair violated a support line of an expanding wedge pattern. I...
Hey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.91500 zone, GBPAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.91500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.28100 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.28100 support and resistance zone. Trade safe, Joe.
OANDA:EURGBP Price dance and played off of the 4H OrderBlocks very well. Will it test this level again? Or find new OB's below?
Strategy bullish trend trading proper money and risk management Fundamntals and Technicals: Both on the sides of the GBP!
strategy trend bullish Interested to trade Iranian Rial Pairs? Then watch and read the following analysis,to: EURIRR long EURO IRANIAN RIAL Bulls attacking again LONG JPYIRR SHORT JPY weakness continues:Strong bearish SHORT IRRJPY LONG Iranian Rial getting stronger vs Japanease Yen LONG The U.S. “maximum pressure” campaign has decimated Iran’s oil...
Hey Traders, in the coming week we are monitoring GBPCHF for a selling opportunity around 1.11600 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.11600 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86350 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86350 support and resistance zone. Trade safe, Joe.
Both the UK and Switzerland are sort of rebels as they’ve both disregarded the EU in one way or the other. This makes them unique to the rest of the world but quite similar to each other. Here is why you should trade the GBPCHF currency pair: GOLD PRICE Across the seven seas, Switzerland’s currency, the Swiss franc, also has a strong link with gold. Using the...
EUR/GBP BEARISH CONTINUATION Euro zone fundamentals weaken: Technical recession confirmed, inflation data improving which helps build a case for a more dovish ECB to come Markets anticipate another 100-bps worth of tightening from the BoE this year as inflation is way too high still at 8.7% EU FUNDAMENTALS ARE LIKELY TO EMBOLDEN ECB DOVES Downward revisions to...
GBPUSD 4H We wait for confirmation and then enter a rise, such as closing a full candle above the black line (classic analysis) Then we go uphill Or we wait for the occurrence of a sweep, then a choke (smc), then we enter an upward movement Or we wait for the occurrence of MSB Ict A and then enter Or we wait for a reflection on a smaller frame or any other...
It's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail. May all your position stop with a Take-profit. PS. Leave your comment and thoughts.
Fast intraday search through my watchlist. You can follow the price with candle confirmation or whatever strategy you have. None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price...
GBPAUD - 24h expiry - We look to Sell at 1.9000 (stop at 1.9075) The current move lower is expected to continue. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 1.8850 will confirm the bearish momentum. Our profit targets will be 1.8820 and 1.8780 Resistance:...
Hey Traders, in this week we are monitoring EURGBP for a buying opportunity around 0.86200 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86200 support and resistance zone. Trade safe, Joe.
Here is my latest structure analysis for GBPUSD. Horizontal Key Levels Resistance 1: 1.3136 - 1.3142 area Support 1: 1.2823 - 1.2848 area Support 2: 1.2590 - 1.2611 area Support 3: 1.2309 - 1.2320 area Vertical Key Levels Vertical Support 1: rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...