After we broke structure (BOS), we have a potential to drive lower. We created an OB (blue/grey zone) in Asia, which has to get filled. Waiting for the price to come up to 161.700-161.855 TP 1 Asia Range (161.000) TP 2 Asia Range (160.160) What do you guys think about this idea? Please like and comment what you think!
Trade Idea: Selling GBPJPY Reasoning: Resistance on the daily. Small top on the 60min. Entry Level: 161.15 Take Profit Level : 158.82 Stop Loss: 162.21 Risk/Reward: 2.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Buying GBPCAD Reasoning: Swing failure on the daily, possible short term bottom on the intraday Entry Level: 1.6175 Take Profit Level: 1.6346 Stop Loss: 1.6110 Risk/Reward: 2.61:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
Trade Idea: Selling GBPCAD Reasoning: Bearish flag on GBPCAD? Entry Level: 1.6421 Take Profit Level: 1.6272 Stop Loss: 1.6480 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
The bearish combination of a possible double top and broken rising trendline suggests GBP/USD will test the neckline of the pattern. If the double top completes, the price objective is 1.3120
GC makes a good case to buy here on the daily chart, after breaking the downtrend we have since seen the MA50>MA200, indicating a switch in the trend in candle closes, with the last 50 closes closing higher than the 200 closes previous, we have seen price move back to the MA50, and has since broken TWAP also, we can look for buys here and try make a new high. Oil...
Trade Idea: Selling GBPJPY Reasoning: GBPJPY rallied to a 78.6% Fibonacci level and the 20Day Volume point of control. Entry Level: 160.01 Take Profit Level: 156.78 Stop Loss: 156.78 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Next week is a big one for the pound, and by extension the EURGBP. Assuming there are no fundamental surprises in data I’m expecting the EURGBP to move lower. Analysing the volume and the divergences between the current price moves and indicators suggest that this recent move is beginning to run out of steam. That being said, I wouldn’t be surprised if the pair...
EURGBP will push to the downside after filling the imbalance on the daily chart. We have a OB on the 15min, which is about to hit. Waiting for confirmation on a lower TF (5min or 1min or 30s). What do you guys think about this idea? Do you think we will move lower or even higher? Please comment your thoughts and dont forget to like! :)
Trade Idea: Selling GBPUSD Reasoning: Head & Shoulders Top Entry Level: 1.2057 Take Profit Level: 1.1722 Stop Loss: 1.2151 Risk/Reward: 3.52:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
GBPUSD - Intraday - We look to Sell at 1.2270 (stop at 1.2335) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective,...
GBPCHF - Intraday - We look to Sell at 1.1420 (stop at 1.1470) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
EURGBP short. We took out the liquidity and are close to fill our OB on the 15min Chart. We could see a drop on EG for the next days/week. What do you guys think about this idea? Can we see the price dropping or will we see a push upwards? Please like and comment what you think!
The British pound has staged an impressive 18% rebound since its September's lows and is now entering a pivotal week given the upcoming Fed's (Wednesday) and BoE's (Thursday) meetings. Even though the latest signs of economic activity are mostly better or in line with expectations, they actually show that the economy is slowing down and that a recession is...
- buys look good from these 2 areas - intraday targets depends on apm and how price balances - extended achievable target @1.244
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...