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GBP/JPY – Week 23 – Is the support going to hold?This pair reached the top (156.100) on the 27th of May and then started correcting. This correction is a higher degree one than those marked with a red channel on the chart. As we can see on the 4h time-frame, the probability is higher for a small continuation to the downside (with or without retracement) until the price reaches the decision zone/support. There we must study the price action to decide if the price continues to the downside or we have reversal at hand. We do not advise buying now if you are trading the small time-frames. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Short
by financialflagship
17
GBP/CHF – Week 23 – “Eternal” sidewaysOur latest update for this pair was in the middle of May, 4 weeks ago. Since then, the pair moved in the same trading range that was moving back then. Now on the 4h time-frame it is reaching the support area again and we must decide what will happen next. Will it break this range and continue to the downside or go to the resistance area once again? The higher probability move is a continuation to the downside but…. To be continued… Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
by financialflagship
13
Anyone else in Netflix sells 😉 🙌Been in this netflix trade a few days now. Do we think it'll continue down to the TP line? No one knows that for sure! Trade details are shown on the chart. We're only looking for TP3. It's been close already! But we stick to the back tested proven objective plan. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you.
NASDAQ:NFLXShort
by pow_removetheguesswork
GBP/JPY – Week 19 – Short term sellIn our last analysis update for this pair, GBPJPY behaved exactly as we forecasted, it touched the minor support marked on the chart and then went to the upside reaching 154,450 yesterday. Now, for this pair we are seeing a minor correction occurring at this level with the price falling to the minor support or deeper to the blue trendline marked on the chart before going up again. We don’t exclude the possibility of a rise in price without this correction happening here, because the main trend is up, so we advise caution. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Short
by financialflagship
26
GBP/NZD – Week 19 – Correction and upsideGBPNZD started an up move last Friday and broke out of the sideways structure. For this pair we can see a retracement to the newly formed support zone at 1,95000 and then a continuation to the upside. The higher probability move is to the upside. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
29
GBP/CHF– Week 19 – Consolidating below the resistanceGBPCHF stayed for nearly one month in the range created by the resistance area at 1,28100 and the support at 1,25800. In the last days we had a bounce from the support area that reached the resistance and it looks like it is consolidating below it. Judging by the price action at this moment we give a higher probability for the price to break out of the trading range to the upside. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
6
GBP/JPY - Week 18 - Up move nextWe think this pair will make an up move at this point and we believe the potential target price of 153.400 as the place where it will go. Before that move, the price may retrace to the blue trend-line marked on the chart or at the minor support of 150.900. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
31