BEARISH MOVE ON GBPUSDSold GBPUSD
Entry 1.2020
Sl 1.2180 (160 pips)
Tp 1.0685 (1335 pips)
Weekly resistance met +200 MA showing weakness to the bullish side on the daily TF.
Large institution is in a short position on the pair.
The UK economy is in a horrible position. By the looks of it, their major issues such as their energy prices and increased cost of living are being resolved, but in fact are getting worse with their energy prices reaching a new ATH. Until this is addressed properly, I see a continuation to the downside.
Forexanalysis
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSREPOST FROM 18TH DECEMBER
Hey Everyone,
Please see our 4H CHART setup with updated Goldturn levels and targets.
As you can see 1773 held well as support last week with a new Goldturn at 1779 and now we are seeing price head towards the upper resistance structure towards 1808.
We will track and trade this movement level to level confirmed with cross and lock and continue to buy dips from support levels.
BULLISH TARGETS
1797
1808
1815
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS
1822
1828
1836
1844
BEARISH TARGETS
1791
1785
1779
1773
1763
SWING RANGE
1763
EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS
1753
1746
1739
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
💵Australian Dollar/U.S.Dollar💵 Analyze (Short term,12/21/2022)Australian Dollar/U.S.Dollar made a bearish AB=CD harmonic pattern near the PRZ(Price Reversal Zone) and trend line.
I expect the Australian Dollar/U.S.Dollar will go down to the support zone at least.
🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 15min⏰
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.
EURUSD 21/12/22 RangeAccording to my strategy and analysis, these are the important levels to trade today. Make the plans accordingly. This range is significant because it acts as support sometimes and resistance sometimes. This range will be valid till the opening of the US market (i.e. Nasdaq 9:30 am). After 9:30 am this range will not be valid)
💵British Pound/U.S.Dollar 💵Analyze (Short term, 12/19/2022)!!!
British Pound/U.S.Dollar completed the double zigzag correction on PRZ(Price Reversal Zone).
I expect the British Pound/U.S.Dollar will continue this downward trend.
🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 15min⏰.
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.
NZDUSD Sell Trade.NZDUSD is trading at resistance level and also it has continuously trading in Ascending Channel pattern from long time .According to chart pattern analysis , we might see downside in NZDUSD for short time.
Trade with Stop loss and own capital risk management
views/opinions are welcome to discuss.
Update: EURUSD 4H: 09/12/2022
As we expected, price had a bearish reaction to low time demand zone.
Now we are still bearish with two possible scenarios:
1- Price fall after collecting buy liquidity above 1.61
2- Price touch Daily demand zone and then fall.
In second scenario we can find a good entry price at 1H or 15 Min chart.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
Possible Pullback Setup For Long TradeEURUSD looks to be setting up for a long position. The pair has pulled back and looks ready to continue the bullish trend. Could break previous highs. I’m looking for price to continue upward towards 1.072. Take caution though trading is risky and there is always a chance for loss.
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
This is the weekly chart we have been tracking and following for our long-term targets.
Just like last week another weekly candle body close above 1787. We did see the push down last week. However, as you can see, this retracement once again went down for the detachment to EMA5 and found support like last week. Soon as price attached to the EMA5, we saw price continue to push back up and break 1787 and close above it.
We have now seen 3 weekly candle body close above 1787 opening up a long range gap to 1858. However, please keep in mind a similar situation highlighted on the chart previously. We can still see a rejection on this zone for a bigger drop into the lower range, as seen on the last challenge. We need to see EMA5 cross and lock above 1787 and not just candle body close to confirm the break and gap target to 1858. This is how we confirm whether it's a breakout or fake out.
We will use our smaller timeframe setups to navigate this range level to level.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone,
We have been tracking this monthly chart since OCTOBER 16TH.
This chart is also playing out our long-term plans for Gold. MA50 provided the dynamic support for the push up with more than half the targets already done and, as you can see from our projected bars, this is playing out, as analysed and planned.
We identified 1704 Goldturn on our last review of this chart, which we were waiting on for the lock. This locked with the new month which provided the momentum for the break into 1800 plus. There is a EMA5 detachment on this monthly chart close to 1750, which we need to keep in mind for a potential retracement zone when planning buys from dips on our smaller time frames. 1865 is our mid to long-term projection on the monthly chart.
LAST UPDATE NOVEMBER 13TH
Once 1704 locked it will confirm a bigger push up into 1800 and beyond and also confirm our long-term Bullish stance for Gold. Please note this is the monthly chart, so we will see some up and down movement on the shorter timeframes in-between for us to track and trade.
-THIS PLAYED OUT TO PERFECTION
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GBPUSD Got a Big Potential To Go Short on Monday! TF:15-30MWhy Short?
First, the price just got break through the 4H timeframe bullish trendline.
Second, the price is already rejected the supply zone.
Third, You can found a bearish CHoCH at the 5M timeframe and waiting to retest to the previous supply zone.
Fourth, You can find a bearish RSI divergence the previous lower high
These four reason is enough for me to execute the trade. Keep it simple, don't gamble and always DYOR (Do Your Own Research)
Thank Me Later~
:)
GOLD BIAS: BUY CONTINUATIONZoom the chart to see clearly . Gold is going up strong within the channel now. This analysis is based on the daily timeframe: in the daily timeframe, an inside bar candlestick pattern has formed, signaling the bullish continuation of the market. Your stop should be below the small horizontal line and target the high of the market, the 1811.01 level.