Buygbp
GBPNZDANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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♟Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
GBPNZDANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
Hi master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and SMASHING that like button! 👍🏾 its us against the markets❗️
Our mission is to provide the tools and knowledge to people across the world and help them tap into uncharted potentials and obtain unimaginable financial freedom. if you hang around this profile long enough you will start to visually learn valuable lessons that will help you put your puzzle together as we are all on our own journey.
Why should you follow our profile on Trading View❓
➖you will get ➖
🥇Clean charts
🥈Consistent chart updates with our highest probability set ups
🥉 Analysis on a wide range of major markets
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
♟Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
GBPCHF Breaks Higher▪Our Daily Heat Map Kept Us BUYING ONLY...By focusing on the very strongest vs weakest of the MAJOR CURRENCIES, we are able to hold onto our WINNING TRADES for much LONGER without the fear of giving back open profits to the markets.
2021 So far, has been VERY GOOD to us keeping us on ONE SIDE of the market and only buying the BRITISH POUND GBP against the weakest of the other Majors.
Less usually means more in trading however silly it may sound.
Many aspiring traders take years to realise this fact.
GBPJPY Breakout Forecast ● GBP Analysis LONGS Buy NEW HIGH ●The Way looks clear for continued GBP STRENGTH accross the Majors.
Having Taken Top spot On our CURRENCY HEAT MAP late January 2021
GBP has given Great trade opportunities throughout this month of FEBRUARY
From here it looks like we will have a nice BULLISH CLOSE on the MONTHLY CANDLE.
The next MAJOR PIVOT price Resistance & TARGET comes in at 153.150
We are still BUYING DIPS & CONSOLIDATION BREAKOUTS.
GBP/JPY broken fibonacci level=>extensions to -62% GBP/JPY broken fibonacci level=>extensions
The last fibonacci zone is broken and we're heading to a fibonacci extension tot -62%.
We could enter from a retest outer trendline 134.000
Take profits 136.000
and 139.00
Always risk 1-3 % of your captital
GBP/JPY buys to continue up to top rangeAggressive entry on this trade. I put a SL below entry candle that hadn't closed yet. I visualized 7:15am candle wicking down and then closing strong to the upside so I decided to enter when the 7:30am 15m candle began to break the prior 15m candles highs. Ultimately I was stopped out at SL but I'm glad that I took this risk.
GBP/JPY Buys to fill range to upsideOriginally my bias was bearish but the chart as it continued to play out was not looking too good for the bears. Price created a new Low on the 30m but we printed (3) 30m candles rejecting this Low. Additionally we had hammer candle rejections off support on the 30m timeframe. If price isn't going down then we must be going up. I was flexible and quickly adapted to take a long position. It payed off
EUR/GBP short to retest 15m Lows . 2/18/2020We are making new Lows on the 1hr and we have 4hr Momentum. Price is creating steep LL's and LH's on the 15m. My entry was based off a bear 15m closing past the 15m bull pullback candles. My entry was late. If we are going down then we will probably continue to go down so it's about finding a nice entry with a good SL.
[FOREX] [EURGBP] SELL SETUP AS USUAL?Tonight is special night as I see many signal bar of GBPUSD appears on D1 which is pretty strong bars. They all the same methods as one side is in charge then the pullback happens and we wait till the in-charge side tell us that they are back. In this case, I still hold the Sell order on W1 as you can see on related idea and now, another sell setup on D1 which is pretty good for me to follow the seller. However, with this big bar, we have higher chance to win but lower R:R, that is the point and balance of financial market, low risk, low return.
Besides EURGBP, GBPUSD, GBPCHF and AUDSGD also have signal bar on D1 but I am too lasy to post it separately as they are all the same and boring principle.
I am trying to make this fun but seriously I feel boring to dead as I do this thing over and over again. Hope you guys enjoy the journey as it will be the most exciting part.
Short-term GBP buy setupGood Morning Traders,
The GBP 60 minute timeframe currently presents a small consolidation with the potential to break to the upside. I've placed my entry order at the 1.32436 level (red line) however will be watching the markets throughout the day to make sure the first fib level holds. I'm expecting the consolidation to break out today. There is not much heavily scheduled GBP related news today however some economic data comes out of the US later on in the afternoon (UK time). I will be updating the idea as I go along however bare in mind this is a very short term trade.
Stay tuned.
Ike
GBPUSD buy pattern. Try to catch long profitMonday, Tuesday and Wednesday - has main news for GBP pairs.
But pair has big long impulse on 7 feb. And next - 3 lower lows on correction.
So right now we can open long position on GBPUSD on 1.2920
SL on - 1.2851 - near 70 pips - big SL so use not big order volume.
TP - 1.3100 and RiskRewardRatio - 2.64.
GBPEUR Ambitious realisation LONGThe last time The Fib welcomed GBPEUR anywhere near the 50.00% marker was way back in April 2018 but that is exactly the minimum we should expect, possible small retracement to the arrows as we are pushing our luck with the BB and then normal business to resume, in all likelyhood there will be no pit-stop and she will keep on keeping on.
NB the last time she reached higher than 50.00% was early 2017
Long GBP/JPYFundamentals:- We have quite a few data announcements out this week which suggest an increase in average hourly earnings, cpi and gdp. After the sell off on the GBP today I would suggest this is just a price correction from Fridays up leg and we should see a further increase on the GBP especially against the weaker currencies such as the JPY.
Technicals:- As you can see from the current 4 hour chart the up leg from 26th October has posted a 50% fib retracement. You could take this trade from the current price but with Brexit uncertainty looming it may be risky. I would like to see a new high on the current 4 hour candle to confirm reversal of the latest downturn.