ShaunLeo35

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, DO NOT FOLLOW this trade blindly - I take no responsibility for it... Scenario 1: Looking at GBPAUD on the 1H timeframe, we can see that it is currently approaching the oversold region in terms of RSI, circa 30.0. This could be the first hint to a reversal. Right now I think this pair is in a descending broadening wedge...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, DO NOT FOLLOW this trade blindly - I take no responsibility for it... Looking at XRPUSD on the weekly chart, a descending triangle can be identified. This could possibly mean a breakout for XRP to the upside for the short term however this is not confirmed. I do believe there could be a short term breakout as price has...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, DO NOT FOLLOW this trade blindly - I take no responsibility for it... As drawn there has been a bearish descending triangle that has formed on the 4H and 1D time frames. This means that there could be a breakout towards the upside within the next few days or even next day if this trend is broken. Depending on which way a...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... Ideally looking for this currency pair to enter a sell-off after potential news of the UK's GDP figures (output produced by the UK / economic growth / announced 9:30am UK time). With Italy and Germany recently heading into a recession, it is possible that...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... Looking at GBPUSD from a 1H chart, there is very little that can be said about where price is heading. I feel like the price is currently bouncing between regions on the 1H, with price ranging from around 1.30900 and 1.31500. I think there will be an...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... Looking at GBPUSD on the 1H chart, it can be seen that price has currently rebounded from a recent high made on the 1H on Friday 25th January from around 1.32175. From here there has been a bearish candle, showing room for some downside, after the bullish...

ShaunLeo35 Updated 

NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... As drawn there has been a bearish descending triangle that has formed on the 4H and 1D time frames. Sorry for the late delayed post, the price has reached the first price target (I accidentally forgot to post this when I first identified this setup!). and...