Expectations are a decline. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.39550 TP: 1.36500
Expectations are a decline. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.39300 TP: 1.36500
Expectations are a decline. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.38500 TP: 1.36500
15 min bearish engulfing gave possible entry at resistance , structure still showing uptrend so well have to wait for confirmation on a lower high to possibly give us the head and shoulder formation to take the sell to a prz , from the prz looking to close and enter a buy
GU has formed a great break and retest struture on the H1. What for confirmation before entry on the short.
Consistent trend playing out again. Lower highs and lower lows. Huge gap which appeared on monday open needs to be filled. My target is 1.13130. Good luck!
Fundamentally and technically selling GBP/USD this week.
GU Gonna short Strongly 1. Rising Wedge Pattern(Gonna Reversal) 2. Strong Bearish Divergence
Expectations are a decline. Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.33860 TP: 1.33255
GU has broken out of the ascending channel, and now has created a head and shoulder pattern. At the moment I am waiting on more movement to happen before execution. I say sell as soon as price closes back under the previous resistance which it is testing right now. If that happens price will go back down and test the 1.31000-1.30000 zone.
GU(GBPUSD) create hidden bearish divergence, so its gonna in support level.
Expectations are a decline. Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.27491 TP: 1.26802
Expectations are a decline. Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.30100 TP: 1.29300
Fib retest then tank. Previous day also closed as a hammer.
Fib correlations with 78.6%.
Hey tradomaniacs, GBP/USD is is still in a downtrend and shows weakness the closer we get to the key-resistance-levels. After the end of the previous correction and pump of POUND vs USD we might see another rally to the downside as soon as the previous high gets confirmed as a lower high. More bearish confluence could force buyers to give up in order to secure...