Cableshort
GBPUSD: Dollar will always triumph!GBPUSD
Intraday - We look to Sell at 1.1898 (stop at 1.1951)
The medium term bias remains bearish. Previous support level of 1.2003 broken. There is scope for mild upward pressure at the open but we look for selling interest to resist gains. Preferred trade is to sell into rallies.
Our profit targets will be 1.1744 and 1.1700
Resistance: 1.1900 / 1.2003 / 1.2145
Support: 1.1700 / 1.1600 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
GBPUSD: Bears still lurking?GBPUSD
Intraday - We look to Sell at 1.1915 (stop at 1.1965)
The medium term bias remains bearish. Previous support level of 1.2003 broken. A sequence of intraday lower lows and highs has been posted. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 1.1760. Preferred trade is to sell into rallies.
Our profit targets will be 1.1765 and 1.1700
Resistance: 1.1942 / 1.2003 / 1.2145
Support: 1.1791 / 1.1760 / 1.1700
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
GBPUSD: Bears still lurking?GBPUSD
Intraday - We look to Sell at 1.2182 (stop at 1.2258)
Buying pressure from 1.2068 resulted in prices rejecting the dip. The 200 day moving average should provide support at 1.2061. The current move higher is expected to continue. With the Ichimoku cloud resistance above we expect gains to be limited. We look to sell rallies.
Our profit targets will be 1.1965 and 1.1750
Resistance: 1.2215 / 1.2320 / 1.2453
Support: 1.1975 / 1.1750 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
EQUAL HIGHS!When Price sets an EQUAL High and refuses to break that equal high..... your PLAY is coming soon.
Price throws a JUDAS SWING I now RENAMED THE MONEY SWING.
This is also a V TOP Formation or a Variation of the V Top. (Ot will stall before dropping giving you WICKS and Doji Candles)
These are clues that the market leaves every day.
Triangle Defense Strategy will show you this set up clearly (Coming Soon!)
Learn these clues and TIMES they occur and you have found your Broken Slot Machine.
8am London Opens and something always happens around this time and it ain't a coincidence.
The algorithm begins to fill imbalances and raids Liquidity.
Never over leverage.
Trust Your Trade Set Up.
Have Fun.
I AM Pro Trading Made Simple
GBPUSD:Parity is coming!GBPUSD
Intraday - We look to Sell at 1.2055 (stop at 1.2110)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1.1900 and 1.1840
Resistance: 1.2015 / 1.2155 / 1.2275
Support: 1.1840 / 1.1500 / 1.1330
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
GBPUSD: Rallies should be capped!GBPUSD
Intraday - We look to Sell at 1.2350 (stop at 1.2415)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. We look to sell rallies.
Our profit targets will be 1.2170 and 1.2155
Resistance: 1.2410 / 1.2545 / 1.2670
Support: 1.2155 / 1.2015 / 1.1840
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
The pefect entry for the GBPUSD shortHello traders,
This week the price opened by taking out last week's low followed by a quick bullish move yesterday.
The bullish move has taken out the equal highs (EQH). This means that the buy-side liquidity has been raided as anticipated.
The price has then reached the highest price of the week at Institutional Price Level (IPL) 1.26000.
I'm anticipating the price to go lower to fill the price imbalance created yesterday first then we continue going short up to the Bullish order block (BuOB) marked below.
The first TP is 65 pips below from current price.
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GBPUSD:Correction over?!GBPUSD
Intraday - We look to Sell at 1.2632 (stop at 1.2756)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies.
Our profit targets will be 1.2300 and 1.2210
Resistance: 1.2800 / 1.3000 / 1.3160
Support: 1.2210 / 1.2000 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
GBPUSD: Sterling highs capped!?GBPUSD
Intraday - We look to Sell at 1.2637 (stop at 1.2760)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies.
Our profit targets will be 1.2300 and 1.2210
Resistance: 1.2800 / 1.3000 / 1.3160
Support: 1.2210 / 1.2000 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre
GBPUSD: Markets continue to shun sterlingGBPUSD
Intraday - We look to Sell at 1.2420 (stop at 1.2550)
We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We look to sell rallies.
Our profit targets will be 1.2055 and 1.2000
Resistance: 1.2500 / 1.2800 / 1.3000
Support: 1.2210 / 1.2000 / 1.1500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
GBPUSD possible sell for 24th March 2022With recent correction nearing 1.3300, GBPUSD might be heading back to the target region displayed in red.
Technical aspects:
1- Most recent lower trendline broken on H4 Timeframe
2- Harami on Daily timeframe 23rd March 2022
3- Inverted cup and handle on H1 timeframe
These technical aspects are sufficient evidence for Cable to be heading lower today towards 1.30xx.
Best of Luck, Ensure proper risk management, Happy trading :)
GBPUSD - Inverted Cup and Handle - Targets ApproachingAs elaborated in my previous article regarding the bearish picture of GBPUSD, Cable is entering its target region that extends as far as 1.2700.
Call it a turn of events owing to the Russo-Ukraine conflict, but cable is following the analysis from my previous post tagged in this article.
No sign of reversal spotted so far, so we are good in short position!
Day traders attention!
Look for daily pivots and weekly fibonacci retracement for potential stop loss prices and daily targets. We are good on siding with bears so far. Avoid long positions.
Ensure proper risk management and manage lot size accordingly.
Happy trading and happier profits!
SHORT GBPUSD STRUCTURED downtrend, the structure of the daily downtrend would suggest the continuation down we are holding the previous low and testing it as resistance so taking the short based off the rejection there and basing the TP off the channel formed after new low was created but any break of that would be a case of looking at the volume slowing down. entry point has confluence as you can see its retesting the low and also the golden pocket - all looks good
GBPUSD ShortMy analysis for the next 48/72 hours. A break below and retest of 1.33000 will indicate a continuation to the downside, and so, I will be looking at short trades from here down to 1.32000. Second plan will be to look at the exhaustion phase (retracement) of the push phase of the market to complete. Therefore looking at price to break above 1.33600 and retest 50% retracement level and/or 61% @ 1.34000/34200 before looking at price action, patterns and processes to take the trend down to 1.32000. Any price action above the 78% retracement level and specially 1.35000 my bias will change to a bull trend bias where I will be looking at trades to go long.
DYOR before placing any trades. Analysis are for educational purposes only.