Found this set up placed on my drafts. Interesting buy set up on the Pound.
GBP/USD SWING TRADE TO PLAY OUT OVER WEEK Linear regression channel hit w/bullish candle Waiting for 21 ema cross RSI O/S & Coming out MACD CROSS When all criteria met and in confluance we take trade. Long- 110.75 Tp-127.11 Sl-104.77 RR-1:3 Margin-100k/5%/5k Lev-3X
Interesting movement from the GBP. Price is on 2 hour support and there are two possibilities; 1. Price buys from the Early entry and continues to the mentioned TP points 2. Price plummets to the 0 drawback entry, which is 40 pips below the first entry, this from a Daily support. Quite pertubed honestly, there's on FVG on the lower support and as such will be...
GBP Index Analysis The general trend is bullish and we are now in a corrective wave that could be a flat or an expanding triangle Regards,
#GBP INDEX Here Is Clearly H&S Pattern Shown In Daily Time Frame Neckline is Also Break. We Are Looking More Down All GBP Pairs GBPXXX
Here is an update from my Brexit post on September 27th. If you look at my previous chart I included with this update we see GBP on the rise as Brexit no deal speculations diminished. With talks about post trade deals I believe the negative news is propaganda as a deal would place the pound on a pedestal as the pandemic will continue to force out financial aids....
GBPUSD IS BEARISH BUT WAIT TILL DXY MAKE GOOD STRACTURE
Use 4 different moving averages t, where one pair is responsible for buy call , while the second pair responsible for the sell call
Price below the EMA 18 and EMA 50, Downtrend confirmed by Lower High and Lower Low. And UK are preparing for Negative interest Rate. Short.