Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. Most Awaited confirmation! For trading entries message me on chat.. Sketch up your own trade setup before you take off. Good Luck! Profitlio Trading ( Since 2014 in Financial Markets...
Since January 2018 high, seller succeed sending the pair to go lower and giving the seller took control until October 4th 2019 when seller failed to create a new LL, buyer start to take charge and manage to break out the long term descending trend line and currently on a correction phase to the previous based which if we can see a rejection around 81.100 level...
As everyone aware pounds has been very tricky to trade since the Brexit saga started, now here on the daily time frame we are seeing a bullish impulse to the upside straight after the break of the triangle, in a bigger picture we can see the next target for buyer is around 142.800 its where the flag limit never been visited since it drop on May 2019. Now that we...
Since May 31st 2019 high, seller continue to dominate this pair sending the structure to go lower, we can see by frequent lower high printed continuously until today. Now with the short opportunity present on this set up I highly suggest to wait for a retest of the counter trend line to confirm the resistance level which align with the high test candle closed on...
Long opportunity looking good with the closed of bullish engulfing on Friday last week trading session, wait for a retest of the engulfing neck line before opening long position it very important because by then we have confirmation of the support neck line, this set up will be invalid when the price move down and make a solid candle closed below Thursday last...