This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
From the Higher Time frame We can see price reacting to strong levels of support and we see price rejection on the daily. We could likely see a push upwards in the coming week.
Price is making Minor Mountains and new highs. Identified a continuation in the current behaviour in price. Minor mountain area = yellow box
GBPCAD is trending to the downside currently prior to the GDP Estimate released by the National Institute of Economic and Social Research, which is an estimate of growth over the last 3 months up to the report which comes out a month before the official announcement. Technically the pair has brokken support, the 1h candle is a bearish rejection of upside, and the...
you can always wait for a better entry or make your SL bigger
GJ is currently ranging .... If it breaks 155.296 then it will continue to 155.100! Buys above 155.500 and could continue to 155.716.... Goal is to at least catch 15-20 pips to start off June!
Confluences: -Price structure has been beautifully bearish (LL, LH) -Trendline has been created and tested three times -Enter on the 50 fib retracement (on the 4H) -Stop above the 78.6 -Take profit at the first bullish trendline (daily timeframe) -Also price broke and is soon retesting a major resistance zone (blue rectangle) Feel free to tell me your thoughts!
Here we have the pound at a support level which i expect it hold and give us a move back up into previous structure. This is a simple technical analysis that doesn't any further explanation. Good luck traders
based on simpple technical analysis pound is for sell,, the new counter trend just began
Another pair with the British Pound certainly move in a similar fashion , however here the price lies just slightly above the strong 0.286 fib level and the crossover of the 50&100 ma suggest that the bounce for GBP/USD 🇬🇧🇺🇸 is likely to occure once the price hit the 0.236 fib level with together with the trend line. If you like the idea PLEASE don't forget to...
GBP/CHF 🇬🇧 🇨🇭 is rising in the Upward channel. The stochastic suggest the price can slightly decline , however the 100 &200 ma crossover provides the strong bullish sign so the pair will bounce from the channel's midline. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section!
We might be in impulse - Wave 3 . I'm longing this.
We only interested breakout of trend line (ii) - (iv) / breakout of 1.24181 resistance to start buy this pair. Invalidation : 1.22476
GBPJPY 4h chart ( its new month huehue )
By Andria Pichidi - July 23, 2019 Brexit will leap back to centre stage now that the new UK Prime Minister, Boris Johnson, has been selected. Already Moody’s and Goldman Sachs’ analysts, among others, have warned of an increased likelihood for the UK leaving the world’s biggest free trade area without an agreement on divorcing terms or an outline of new trading...