Still holding a bad trade from yesterday, entered too early.
DAILY
We had a close with a reversal stop candle which was showing us downwards demand, now we we are forming a bullish reversal candle. So we know that the candlestick use is wrong, as we should use patterns to give us more guidance. Retesting 192.00, which we have established as our resistance and...
We were triggered in our sell and stop out within a few minutes. So we must sit back and wait for a better trading opportunity.
DAILY
We fighting to go up and candlesticks are very bullish. We will possibly see a 193.00 touch
4H
Support at 192.00, if we get a rejection here at 192.70 we could get a nice sell opportunity.
1H
It's a bad trade idea, we have only...
PSX:WAVES
UPDATE
PSX:WAVES is getting a good bounce from this support level. We can see gain here upto 80%+ soon ✍
#WAVES #WAVESBTC #WAVESUSDT #CRYPTO #SIGNALS
Take a look how EURGBP reacted to a daily falling trend line
on a 4H time frame.
The market started to consolidate within a narrow range
and was stuck within for 2 trading days.
Today we see a strong bearish movement with a confirmed violation
of the support of the range.
It indicates the strength of the sellers.
We can anticipate a bearish movement lower,...
#CADCHF
UPDATE
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADCHF. CADCHF is below the main resistance level. Here we can see a good drop in price. In this move we can see drop upto 100Pips+ soon.
Keep in touch we will update further soon.
I made a big error that I had not seen till it picked up. I had placed the trade on UJ instead of GJ🤣🤣🤣🤣🤣. So now I'm watching this hit my TP and holding a possible loss.
DAILY
We heading back up to 193.50 and we just need to watch how it goes there.
4H
191.30 was the support we needed to keep going and here we currently are.
1H
191.20 is now the support we...
#GBPUSD
The short context is strongly pronounced, and due to the bank holidays, a liquidity outflow is evident. I believe the target will be reached within tomorrow's session. Ideally, we'll see liquidity taken above before continuing with the short order flow. Invalidation of the scenario can be considered if the price closes above 1.26500.
DAILY
Still expanding the current wedge we are in. Peaking at 193.50, which could either be our ceiling this week or our target before heading up to 193.60
4H
We are still in a small pullback flag, so the assumption stays that long term we are bullish but no commitment as of yet.
1H
We either going to bounce on 191.30 or we are going to get rejected at 192.00,...
CRYPTOCAP:BTC
UPDATE
CRYPTOCAP:BTC is exactly on the way as predicted. Still BTC is getting a good volume and getting ready for big move. In this move we can see price around 100k+ soon ✍
#BTC #BTCUSDT #USDT #CRYPTO #SIGNALS #BNB
The pound, like the euro, has been in a short context since yesterday. The clear priority is to work in the short direction. A local magnet for price is the FVG formed above, from which we would like to see a reaction, with targets set at the Frankfurt minimum.
We did well on the trade. Now rinse and repeat.
DAILY
Broke down below 191.24 and closed there. We are currently forming a reversal candlestick, the next candlestick will give us direction.
4H
We are trying to reverse from the drop that happened. Bouncing off 190.80, and we still pushing up. We still in the middle of a bear channel reversal, so we are waiting...
We did well and got both our trades hit our exit point. Now rinse and repeat
DAILY
Broke through a resistance level and started creating new highs, plus our ascend was very impulsive and engulfed the bears in the market. Indicating we are pushing up and fighting bears now.
4H
191.24, the support price I will believe will give us further signs to look for longs...
#DayPlan
The pound, like the euro, remains in a long context after yesterday's news-driven movements. The clear priority is also to work in the long direction. I am ready to consider positions for continuation from the fractals formed during the Asian session.
The price has swept some liquidity above this year's equal highs while at the same time diverging with Euro both on HTF and MTF. The target for this move is EQL.
NFP preview: Trading S&P or GBPUSD?
US Fed Chairman Jerome Powell has reiterated on multiple occasions that a tight labor market acts as a deterrent to lowering interest rates. Which is why this month's NFP data release should be interesting.
This Friday's Non-Farm Payrolls (NFP) data is expected to show an addition of 200,000 new jobs. Since Feb 2023, data...
Update
4H
We have been moving up. 190.550 was and still is our current support.
15Min
The reversal candles we just had showed us extra opportunities. The RR is just shy of our ideal RR, hence the SL (190.65) is tight, but the TP (191.25) is the same as the previous trade.
#GBPUSD
Hello everyone, today I'm focusing on trading the British pound. The context shifted during the London session, and I consider the PDH as the ideal target for intraday trading.
WEEKLY
Spinning tops at the current price (190.60), therefore we wait.
DAILY
190.00 looks to be the rejecting price, we are moving up.
4H
190.60 is a strong level we bounced of and had candlestick confirmation to the upside.
1H
191.30 is where we are anticipating
15min
190.40 was our resistance and turned into our support
