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EURGBP This Week: What's New ? Good Evening, Despite of the meetings the European Central Bank did and especially Bank of England in which it raised the inflation recently, we need to talk in technical analysis language and in an easy simplified language in which traders out there can claim what's going on. So here are the key points: - There is bearish order block set in 0.87081 level which is a good sign we're still safe going bear, in addition to a character of change that was broken below from the previous lower low. - Speaking of EMA's, the current candle is ready to the 50 EMA. Hopefully, things are still going in our favor (for those who are willing to go short). - In sort of Technical Indicators, the very most popular indicators, MACD, for example, admits strongly for going short in addition to RSI, was previously overbought and still in a high level. I can go much more further and give more and more advanced analysis, but I like to keep things simple and easy to catch so traders can find my analysis quite handy.
Short
by JawadShoukeir
1
GBPUSD Bearish below the 1D MA50, bullish above the 1D MA100.The GBPUSD pair got rejected on Friday quite heavily on a Lower Highs trend-line that started on August 26 (dashed line) and had since 3 rejections. The long-term pattern is a Bearish Megaphone since the February 21 High and as long as the price remains below the 1D MA50 (blue trend-line), every rebound is a sell opportunity. Only a break above the 1D MA100 (green trend-line) would be a short-term buy opportunity (targeting the 1D MA200 (orange trend-line)), as it has been intact since February 24. The Zone in-between the two is a no-trade zone. Notice also the RSI on the 1D time-frame and how it has formed a Lower Highs pattern. Every time we see this formation since April, the pair had peaked (red flags) and an aggressive sell-off followed. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
💵British Pound/Swiss Franc💵Analyze (10/12/2022)!!!The British Pound/ Swiss Franc was able to complete wave 4 near the trend line. I expect the British Pound/ Swiss Franc will go up until the 🎯targets🎯 that I specified in my chart. 🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
9
💵British Pound/U.S.Dollar 💵Analyze (10/10/2022)!!!British Pound/U.S.Dollar moved as I expected ✅👇 British Pound/U.S.Dollar is making the Zigzag correction while it seems the end of wave A was completed by Double Bottom Pattern. I expect the British Pound/U.S.Dollar will go up until the target that you can see in my chart. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
4
💵British Pound/U.S.Dollar 💵Analyze (10/04/2022)!!!Yesterday, British Pound moved as I expected ✅👇 British Pound was able to complete wave 5 near the resistance zone, and I expect it will go down at least to the end of wave 4. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
5
💵British Pound/U.S.Dollar 💵Analyze (10/03/2022)!!!The British Pound was able to complete wave 4 and is on its way to completing wave 5 in the resistance zone. I expect the pound to temporarily break the resistance line, push itself to the resistance zone, and start going down from there. 🔅British Pound/U.S.Dollar (GBPUSD) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
💵Euro/British Pound 💵Analyze (10/03/2022)!!!Euro/British Pound was able to make an Ascending Broadening Wedge Pattern. I expect Euro/British Pound will go down at least to the lower line of Ascending Broadening Wedge Pattern. We will have two scenarios when Euro/British Pound touches the lower line(everything is transparent in my chart). 🔅Euro/British Pound Analyze (EURGBP) Daily Timeframe ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
6
GBPCAD The RSI hasn't been this oversold since 1985!------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- The GBPCAD pair has been on a strong yearly decline, especially as of late. The 1M (monthly) RSI is currently at 20.87, the lowest it has been since January 1985. That is a good enough reason of its own to buy the pair. There are striking resemblances with the early 2000s fractal. A rebound on the Channel Down pattern's bottom can push the price all the way to its top and the 1M MA50 (blue trend-line). Be ready to offset some risk though to complete a -24.85% decline, if the Channel's bottom breaks. ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBPNZD Confirmed long-term buy------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- The GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High: Following the initial rebound after the August 12 Low, the price broke above the 1D MA50 (blue trend-line) confirming the bullish break-out sentiment. This may be the perfect opportunity for those who missed it earlier. Our long-term target for the end of the year is just below the 0.786 Fibonacci retracement level at 2.010. Those who seek more risk, there is also the Symmetrical Resistance if the Triangle breaks to the upside. ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBPCHF Best long-term buy signal since COVID------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- The GBPCHF pair almost hit early this week the Lower Lows trend-line of the multi-year Bearish Megaphone pattern that it has been trading in since June 05 2017. At the same time, the RSI on the 1M time-frame printed its lowest value since the October 31 2016 candle. This combination is a strong buy signal on the long-term and confirmation comes when the 1D MA50 (red trend-line) breaks. As you see, every time the price broke above the 1D MA50 following a Megaphone bottom, the pair targeted both the 1W MA50 (blue trend-line) and the 1W MA200 (orange trend-line). ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
by TradingShot
GBPUSD British Pound to reach parity with the U.S. DollarAfter beating the Euro: British pound could weaken further and potentially reach parity with the U.S. dollar for the first time in history! Bank of England is preparing an emergency intervention, probably an unscheduled increase in interest rates, which were raised to 2.25pc last week. U.S. dollar strength continues, while British authorities introduced a new stimulus package consisting of fresh spending and tax cuts. The falling pound will increase the price of imported goods, energy, food and clothing and overall increase inflation . I expect a bounce to 1.141 level, before reaching parity with the U.S. dollar. Looking forward to read your opinion about it.
Short
by TopgOptions
2
💵British Pound/Australian Dollar💵@Regular Contracting TriangleBritish Pound made Regular Contracting Triangle , and it was able to break the lower line of this triangle, and now it is completing the Pullback . I expect that the Pound will go DOWN at least to 1.58 AUD . 🔅 British Pound/Australian Dollar Analyze ( GBPAUD ) Timeframe 2Weeks ⏰ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
💵British Pound/Japanese Yen💵Analyze (9/23/2022)!!! British Pound/Japanese Yen was able to break the support lines and the support zone and is currently completing its pullback. I expect the British Pound/Japanese Yen to go down to the trend line, at least. 🔅British Pound/Japanese Yen Analyze (GBPJPY) Timeframe 8H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
3
GBPAUD Buy opportunity and reversal levelsThe GBPAUD pair has been trading within a Channel Down pattern since March 15. At the moment the price is on the bottom (Lower Lows trend-line) of the pattern, below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) with the 1D RSI on the 30.000 oversold level. That should be considered a short-term opportunity by itself towards the top of the Channel. But even from a longer-term perspective, the last time we had those exact same set of parameters take place was during the Channel Down that started on June 2020. As you see that pattern also made a -6% Lower Low from its last High and once the 1D RSI hit the 30.000 oversold level, the price rebounded, gradually above the 1D MA50 and then the 1D MA200 to break above the Channel and eventually make a top on the 1.5 Fibonacci extension. As a result, as long as the current Channel Down is intact, we expect a new multi-month rally towards the 1.5 Fib which is at 1.85500. Since the bearish trend is that strong, especially today, it would be best to take that trade upon confirmation, after the price closes above the 1D MA50. Confirmation is needed because in the event of a break below the Channel's bottom (Lower Lows trend-line), we can see the price target the -0.382 Fibonacci extension at 1.613520. ------------------------------------------------------------------------------------------ ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoyed this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant and support me and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------------------ You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------------------ 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
by TradingShot
3
💵British Pound/Swiss Franc💵Analyze (9/22/2022)!!!The British Pound/Swiss Franc was able to make a beautiful Bullish Engulfing Pattern. And British Pound/Swiss Franc managed to reach trend line 1 and, as a result, managed to break it. We are currently seeing a pullback to trendline 1. I expect the British Pound/Swiss Franc to go up to at least trend line 2 & resistance zone. 🔅British Pound/Swiss Franc Analyze (GBPCHF) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
2
💵British Pound/U.S.Dollar💵Analyze !!!British Pound is moving in an Ending Diagonal Pattern , and it was able to end its main wave 4 at 1.4251$ . So now Pound is running in main wave 5 . And I tried to show you the end of the main wave 5 in my chart: Where is the end of main wave 5 ❗️❓ 🎯 Target 1 🎯: 1.1383$ until 1.1324$ ( Cluster of Fib ) at my TRZ (Time Reversal Zone). 🎯 Target 2 🎯: 1.0790$ until 1.052$ ( Cluster of Fib ) at my TRZ (Time Reversal Zone). 🔅 British Pound/U.S.Dollar Analyze ( GBPUSD ) Timeframe Monthly ⏰ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
6