BUY GBPUSD Great opportunity for the day to buy GBPUSD, entry at 1.27745 stops below 1.2767 targets above 1.2837. Use proper money management.
Cable
EURUSD HAS FALLEN!!!!On a Bearish day price will typically fall to the 3or 4th Standard Deviation.
Check the DXY: it should be very strong. That's your confluence for this sell.
Never Over leverage.
Trust your trade set up.
Have a great week of trading!!!!
GBPUSD H4 | Reversal from 38.2% Fibo support?GBPUSD could fall towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.26800
Why we like it:
There is an overlap support that sits above the 38.2% Fibonacci retracement level
Stop Loss: 1.25968
Why we like it:
There is an overlap support that sits under the 50.0% Fibonacci retracement level
Take Profit: 1.28278
Why we like it:
There is a recent swing-high
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
FRIDAY is PAY DAY!!!Our 12 am Candle indicated we are BEARISH.
So we wait for the algorithm to raid Liquidity above the MZ.
The DXY is HEAVY Bullish now. Which confirms our sell on EURUSD.
EURUSD will sell typically to the 3rd or 4th Standard Deviation on a Bearish day:)
Never Over Leverage.
Trust your trade set up.
Have a Great Weekend!
GBPUSD: Supply Zone Needs To Clear For CABLE To Rise HigherGBPUSD Currently is at a very crucial level trading near 1.26600. This level represents such significance on the weekly & monthly chart, that if broken properly it could see this pair rise higher and the probability of targeting upcoming resistance would highly likely increase.
Current 1.26600 level represents an important supply zone that is still intact. In order to confirm that this zone gets broken properly, the monthly candle should also close above it. After this has happened, a long trade could be executed to target the upcoming supply zone located at 1.30600. The minimum risk to reward ratio should be 1:1 ideally and stop loss placed below swing low.
Note: This is just an analysis/view and not a trade signal. Once if the criteria is met, trade details would be posted in a separate post. Lets see what happens. Cheers
GBPUSD H4 | Potential bearish reversal?GBPUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.26084
Why we like it:
There is an overlap resistance that sits just above the 78.6% Fibonacci retracement level
Stop Loss: 1.26809
Why we like it:
There is a swing-high resistance on 10th May
Take Profit: 1.25334
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD H4|Potential reversal from overhead resistance?GBPUSD is rising into an overlap resistance that sits just under the 78.6% Fibonacci retracement level. Price could hit the sell entry at 1.25769 and potentially reverse to drop lower. Take profit is at 1.24953 which is a recent swing-low support. Stop loss is at 1.26525 which is an overlap resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
JUST FOLLOW THE SCRIPT - EURUSDWE ARE BEARISH. THE DXY IS BULLISH.
Therefore on a bearish day we expect price to IMPULSE to a AREA of Liquidity right above our Morning Zone before the dump in confluence with the DXY being BULLISH.
WE EXPECT A DUMP TO THE 3RD OR 4TH
SD.
NARRATIVE: MONDAY JUNE 12, 2023 2:58AM EST
Never Over Leverage. Large Trading Accounts are grew over time through compounding.
TRUST YOUR SET UP.
HAVE A GREAT WEEK OF METICULOUSLY CALCULATING AND PRECISE TRADING!!!!!!!!!!
I AM THE ALGORITHM NOW:)
GBPUSD H4 - Long SignalGBPUSD H4
We spoke about GBPUSD yesterday, especially this 1.24 long handle. From this zone we are happy with our longs being taken from somewhat a higher TF area of support (H4).
Hopefully we get off the ground here and break above 1.24500, and then retest as support to see out this HH/HL trend for a while, possible taking us up to around 1.26.
GBPUSD H4| Resistance overhead?GBPUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.24585
Why we like it:
There is an overlap resistance
Stop Loss: 1.25465
Why we like it:
There is an overlap resistance that sits above the 61.8% Fibonacci retracement level
Take Profit: 1.23495
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD H4|Falling to overlap supportGBPUSD is falling towards a key overlap support and could potentially reverse from this level. Price could hit our buy entry at 1.23766 and bounce up from here. Our stop loss will be at 1.23320 which is an overlap support. The take profit level will be at 1.24486 which is an overlap resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Cable Expected To Be Rejected Below 1.23948GBPUSD last week closed positive, however, the bearish undertone observed on the final trading day. This occurrence heightens the probability of the forthcoming trading week commencing on a downward trend. If the pair is rejected below 1.23948, the likelihood of a retest of the recently established high at 1.23948 increases.
In the event that the GBPUSD pair is not subjected to buying pressure or successfully breaches the specified level accompanied by a strong bearish candlestick, the pair is expected to dip further.
N.B!
- GBPUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gbpusd
#cable
GBPUSD LongsGU shows very promising signs of long opportunity before falling apart from the supply zone.
GBPUSD H4|Cable heading into resistance?GBPUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target.
Entry: 1.24681
Why we like it:
There is an overlap resistance that sits just above the 38.2% Fibonacci retracement
Stop Loss: 1.25323
Why we like it:
There is an overlap resistance
Take Profit: 1.23495
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURUSD Has FALLENAs expected EURUSD has fallen out of the Morning Zone and is headed to the 4th Standard Deviation which just so happens to be the EXTREME levels of EURUSD.
We Anticipate a W formation around 6:30-7:30am est.
BEWARE OF NEWS!!!!!
But if you get in now you can avoid the news and be done:)
Never over leverage.
Trust your set up and give the trade time to manifest.
Have a GREAT TRADING DAY!!!!!
GBPUSD H4 | Rising to 23.6% Fibo resistance?GBPUSD is rising towards a key overlap resistance and could potentially reverse from this level. Price could hit our sell entry at 1.23947 and potentially move lower from here. Our stop loss will be at 1.24702 which is an overlap resistance. The take profit level will be at 1.23089 which is a recent swing-low support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPUSD H4 | 23.6% Fibo resistance overhead?GBPUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.23996
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement
Stop Loss: 1.24665
Why we like it:
There is an overlap resistance
Take Profit: 1.23081
Why we like it:
There is a recent swing-low
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD H4 | 23.6% Fibo barrier?GBPUSD could rise towards a key overlap resistance and could potentially reverse from this level. Price could hit our sell entry at 1.23921 and potentially move lower from here. Our stop loss will be at 1.24486 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. The take profit level will be at 1.23090 which is a recent swing-low support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Bullish dollar for this weekI expect the strong bullish trend that started last week to continue! After hitting the midterm target for dollar at around 106, I expect a massive selloff! And then stocks and equities will truly fly! But let's not get ahead of ourselves yet! :)
I will update this through the week!
If you are interested also take a look at my euro and pound analysis for the week!
GBPUSD H4 | Cable to bounce from support?GBPUSD is falling towards a key overlap support and potentially reverse from this level. Price could hit our buy entry at 1.23922 and bounce up from here. Our stop loss will be at 1.23501 which is an overlap support. The take profit level will be at 1.24678 which is an overlap resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Euro will tank this week I think we have printed the high of the week on #eurousd here! Dollar has been bearish for weeks and now it is starting to see some relief! This means risk off conditions on other assets! I am looking at the the daily fair value gap as the weekly target for eu!
We hit into a daily bearish fvg on euro and have seen some nice reaction! Let's see if the moved will be sustained!
GBPUSD about to make a big move down?I've been closely monitoring current LTF price action and about to go short on this pair. We've retested last weeks broken dynamic support, and running out of steam right now.
I'm seeing DXY continuing to grow, to at least 105 in the coming week or so. BoE hawkish sentiment, failure to get inflation under control, despite hikes gives the mark no confidence, and therefor a risk off mentality.
My ultimate target is 1.185 area, but will be taking partials on the way down.
Happy trading!
