As we see it has reached at strong horizontal support area so we buying this pair with a small risk and higher rewards
With over 350pips in our direction since my last publication (see link below for reference purposes), we continue to experience tendencies for a decline in the coming week(s) as UK Prime Minister Boris Johnson agreed to compromise on the controversial Brexit bill. Tendency: Downtrend ( Bearish ) Structure: Trendline | Breakdown | Support &...
GBPUSD as we see a double top on this pair after a confirmed breakout we will enter to sell this pair for great profit of u like our idea push like button follow us for more updates
With over 100pips against us since my last publication (see link below for reference purposes); The increasing risk of a No-Deal Brexit is beginning to reflect in market structure as momentum remains to the downside which is also aligning with my last week expectations. Breakdown of my Key level @ 1.33000 on Friday with an Engulfing Bearish candle sets the Pound...
With over 500pips in our direction since my last publication (see link below for reference purposes) on this pair, we continue to trade back and forth in a range which appears to be forming a Reversal structure. Tendency: Downtrend ( Bearish ) Structure: Wedge | Supply & Demand | Reversal pattern Observation: i. The appearance of a rising...
The British pound initially tried to rally during the week but gave back the gains to fall into support again as it continues to witness a phase of correction. It is also worthy to note that I still anticipate Bullish tendencies in the following week(s) if the price does not break below 1.25000 level. Tendency: Uptrend ( Bullish ) Structure: ...
The British pound has been Bullish in recent times, as we continue to see a rally. Every time it looks as if it is going to fall, Buyers step in to push the price up again! A Breakout of Key Level I (neckline) which is important to me during the course of last week gives me a setup that is similar to a Reversal pattern (Inverse H & S) inciting an Uptrend...
#GBPUSD 2H The Cable (nickname for GBPUSD), is witnessing a sharp bearish activity since last week due to the unexpected GDP change (-20%). Therefore, we are expecting it to continue this bearish trend for the next week. However, we have the "U.K. Interest Rate Decision" coming up on Thursday this week, so we need to account also for the possibility of a...
GBPUSD Long Trdae Idea | Profit Target : 1.50% Stop Loss : 0.50%
Pattern: Channel Down on 1D. Signal: Bearish as the price is approaching the Lower High zone of the pattern. Target: 1.1950 (Lower Low trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Previous GBPUSD idea:
Likes and comments if you want more trading setup. Thank you! Visit our channel! The price had an attempt to up trend, but a double top was formed, which responded positively for sell. The price has broken all the key supports, which respects the down trend.
See GBP melting more. 300+ pip winner (double entry) on the last short on GU. Following the trend and lets see where she goes. Late post, members get LIVE trades.
Lets try this again, GU trending down. Broke structure, should go this time ;)
Pattern: Megaphone on 1D. Signal: (A) Bullish if the 1.2655 trend line breaks and (B) Bearish if the 1.2160 trend line breaks. Target: (A) 1.3200, (B) 1.1600. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
GBPUSD 4hrs TF analysis, trend is still going up, we're having a BUY opportunity right now because a trend-line has been retested.
Double Bottom Formed and now i am expecting upside move as i forecast. ThankYou
The current sell-off is similar to the Brexit shock on GBPUSD on June 24, 2016. Once the price got detached from the 1D MA50 it declined nearly -15% from the top. The reaction at the bottom was a pull back to the 0.236 Fibonacci level. The new (lower) High was confirmed by the MACD roll-over. If the same sequence plays out, then we see 1.1800 as a (lower) High. It...