Hope all is well, my 10th published trade on Tradingview.com (USDCAD is making its move to take profit zone, slowly but surely. If you got in at where I said, then fantastic. We're catching these pips together.)
*Please keep yourself alerted on my trades, I will advise either on my Instagram (@Saifsofficial) or in the comment section in...
Like all the GBP pairs baring the NZD there are shorting opportunities on every pair.
Waiting for Monday
Confirmation on the 4 hour TF and all my rules to be met then i will be opening a short position..
GBPUSD Sell off analysis! Seems pretty straight forward, wouldn't you agree? Monthly resistance not broken yet, and the fibonacci lines up perfectly for a sell. There is a 50 and 200 SMA that price is below too.. but I try not to use too many indicators, as I am a straight up price action trader. Would love to get your thoughts!
Price is corrective towards the top of an descending channel and is forming an expanding triangle. Waiting for corrective price action before taking a short position on a third touch.
First target is 3% followed by a target of 9% to the lower outer structure.
Possible drop for GBPUSD. Price has remained heavily under the 200 and 50 EMA indicating a strong short bias. Price has recently broken a trend line and has then retested which indicates that it is going back n the direction that it has broken. Keep an eye our for Updates. Stop loss of around 100 pips and Take profit of around 320 pips. FX:GBPUSD
GBPUSD - Intraday - We look to Sell at 1.2506 (stop at 1.2546)
Previous support level of 1.2439 broken. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Previous...
Possible sell for GBPUSD. Price has remained under both the 200 and 50 EMA indicating a short bias. Price has recently broken out of a monthly trend line, descending triangle, and it seems to have retested the trend line within 1 day, this can indicate that there will be a strong move towards the down side. I have placed a big trade with a stop loss of around 35...
GBPUSD flag pattern continuation found on 1hr TF which is slightly clear now on the 4hr TF. looking for one last push down to respect this continuation pattern but also in extension to reach this lower trendline found on the daily/ 4hr TF.