Basic dow theory in play so my stance is bearish. All TPs are given on the chart
I just open long position for this pair at 1.76500, and hoping it can break the triangle Any suggestion?
EURGBP is ranging perfectly between a parallel descending channel. The nice thing about this pattern is that each wave has an ABC corrective pattern which has been highlighted in ABC. We can see that we're currently on the 5th and final wave, which is the E wave. After this wave, we're expecting a major bullish reversal. In the meantime, we can still trade...
Number of traders net-short has decreased by 16.90% from last week.
Hello! My opinion price is low and long for 5-15 minute frames trading, what do you think?
GBPEUR- long the price is on the trendline support right now. if it breaks up the minor resistance line, we can open long pos
GBP – The pound slid against the euro edged down slightly against the dollar on Thursday as traders assessed whether recent gains linked to expectations of a central bank rate hike had gone too far. Reuters noted that “investors remain wary about the timing of any move, however, after the BoE surprised markets earlier this month by keeping rates steady when many...
FX:EURGBP The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
GBP – Sterling rose to 20-month highs against the euro on Tuesday, driven by diverging interest rate expectations for Britain and the Eurozone, especially after data showed UK full-time earnings rising by the most since 2008. However, MUFG warns its investor that “there is an element of caution in chasing the pound higher on the back of higher rates. The...
Price is currently trading in a descending trend line . and is currently at price level 1.610. Price can potentially dip to the take profit level of 1.1573 which is in line with our Fibonacci extension level of 50% and Fibonacci retracement level of 78.6%. Our bearish bias is further supported by our EMA and Ichimoku cloud indicators. Alternatively, our stop loss...
This is my simple idea for EURGBP 1D time frame , I hope it is useful DON'T FORGOT, STOPLOSS Best regards.
USD – The dollar hit highs not seen in more than four months against the euro, as investors speculated further over whether recent strong jobs data could be enough to push the Federal Reserve to soon start tapering its bond-buying program. Bannockburn Global Forex argues that “the dollar is well bid, and it’s been well bid since the middle of last week. A...
No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE) Direct Message me for info. FOLLOW SHARE LIKE IF YOU WANT MORE clean ideas looking to make a change in all this guess work, want to make...
No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE) Direct Message me for info. FOLLOW SHARE LIKE IF YOU WANT MORE clean ideas looking to make a change in all this guess work, want to make...
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