Short GBP/CAD Triangle Breakout Correctiv ABC
It can go both ways but if it doesn't breakthrough the support line (Purple) then a buy will be in order around the 0.80116 levels till 0.80468 but if it breaks through the support. I will leave an order around 0.79873 levels and close around 0.79509.
A temper tantrum is an emotional outburst, usually associated with children or those in emotional distress, that is typically characterized by stubbornness, crying, screaming, defiance, anger ranting, a resistance to attempts at pacification and, in some cases, hitting (source wikipedia). The Trumper Tantrum is a combination of fears about US trade wars and...
Cable has broken out of 20y+ trading range and needs to establish a new range top. A near-term breakout could have 1985 highs in its sights...
As of October 1st 2016, the Norwegian Krona against the Swiss Frank is unquestionably one of the highest probability trades I currently see in the FX market, if not the highest probability trade on a weekly closing basis. TradingView is not giving me permission to set-up a NOK/CHF cross, so instead I set-up the USDNOK/USDCHF, which neutralizes the US dollar in the...
12345 Pattern Happening Price is at S1 ready to complete 4-5 leg of pattern to R1. We should see a corrective ABC pattern if current 12345 is completed, this should start at the important 1.8000 level and break down to the historic levels attached to chart (1.65000 and 1.45000). Repeat symbol is showing that price reversed previously at 1.7000 level. I have...
cypher pattern USDGBP only risking 66 pips to get 145 pips
We observe the USDGBP doubting. Above does not dare with the highest relative (0.77985) below marked tendencies, long haul at various levels. (075,299) - (0.73638). The MACD is bullish background with divergent personality. The price probably show some volatility when approaching zero. www.fxstreet.com
AS ARTICLE 50 MOST LIKELY WILL NOT BE TRIGGERED UNTIL 2019 IT IS GREAT UNCEARTINETY THAT UK MARKETS WILL BE ON STANDBY AS UK INVESTORS HOLD ON TO SEE WHAT WILL HAPPEN MEANING THE BRITISH POUND COULD BE SHORT TILL 1.22 OR BELOW THIS LEVEL
Hey Traders, I'd really like to know what any Faders think about about this chart. July 2016: Lowest Low Recorded Ever. What do you think is next based on your experience and expertise. All opinions are welcome!
Use our Buy Sell indicator and our Money Manager indicator to benefit from FX market
0.5 is holding strong. Also a strong confirmed trendline backing it up. entry at 0.70036 and pt 0.70700 to 0.71100
Cable is in a very strong downtrend with a extreme low at target of 1.3835 (confluence of a 5th wave extension + 2 fib extensions of swing highs and lows. At the same time we have bullish RSI divergence appearing on H3, H4 and H8 charts. With this in mind, longs target; - TP1 1.4030 3:1 reward risk (1:1 risk reward from current levels) - TP2 1.4250 6.8:1...