here is my bias on this pair, looking at entry at mitigation point of CC after liquidity been grabbed. Share your thoughts below...
Have been watching this trade actively but due to the Brexit news that why have Been staying away from all Gbp pairs anyways next year I would be looking for a short/sell opportunity on this pair. Let me know in the comments section if you are opposing my opinion
Price retraced to the expected region, awaiting for spikes towards the highlighted region for potential short entries. the 1.3450 zone is a key 61.8% retracement region with the counter trendline acting as additional confluence, price is currently trading within a 4HR consolidation box if the candle closes below to the downside, then we can expect the price to...
EURGBP has changed direction on the daily so we are looking for higher prices.
Trade at your own risk !!!
This is just an idea of where GbpUsd might be going, It created a HH on the weekly time frame, should be following with a retracement to head higher later on probably during the new year.
GBPJPY KEY LEVEL + WAITING ZONES. Entry areas are in the grey zones depending on which way momentum is going
I expect USDCHF to close the Weekend Gap Soon. I also plan to hold that trade for a longer period of time. On the Daily, this setup will try to catch the fifth impulse wave. Wave 1 to 4 already completed in my opinion. Also, the price made a complete 3 waves corrective cycle = Retracement Completed. Two probable scenarios: 1. The price retraces to the origin of...
Ok so gbp was acting up today not gonna lie, but thats ok ,we gonna make our pips regardless. My idea is more on the long side although i have a set up for either side; heres why: ] - Had a massive push upwards this morning - Price is being supported at the lower level i have marked - Price has been stubborn to go down today, yet...
Alrighty, on today's episode of fastboii trades LOL, no seriously, before i go to sleep to take a stupid exam in the morning heres my ideas for GU. So as of now, we have been hovering at this little liquidity zone if you will, and it looks as if now it will see a drop. That being said, i may take this sell before i go to bed just to the target marked on my screen....