Forexsell
EURGBP still showing downside - with warningM Formation on a large scale has formed.
We had the price break below and then retest the pattern once again.
Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue.
200>21>7 (bearish)
RSI<50 (Lower highs)
Target -0.8200
SMC
(Buy Side Liquidity is where Smart Money comes in and sells into the Order Block. However, with the price still flirting at the support means, the selling is not as a strong as anticipated.
I'm bearish but cautiously bullish if the price does break above the downtrend.
GBPUSD Signal - USD GDP Data - 28 Oct 2021GBPUSD has broken the support trendline and is breaking below structure. This is a hedge of our currently open buy trade, however later today the USD Gross Domestic Product will be release, which will potentially spur volatility. If price moves to the downside we are targeting the 61.8% extension at 1.36400.
GBPUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity GBPUSD .
I still did my best and this is the most likely count for me at the moment.
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NZDUSD SELL | Going downHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in NZDUSD ..
I still did my best and this is the most likely count for me at the moment ..
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GBPCAD SELL ,GREAT IDEAHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GBPCAD ..
I still did my best and this is the most likely count for me at the moment ..
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EURCHF SELLWe could expect EURCHF to pullback and reach our target on previous resistance level to correct imbalance levels.
Profit target 40 pips, risk reward 1:2
Stay tuned and feel free to follow for more ideas.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists 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 adviser if you have any doubts.
AUDUSD SELLAUDUSD could expect 30-50 pips fall next days. It just reached supply level at psychological level price in market imbalance with NZD.
Stay tuned and feel free to follow up for more ideas.
risk reward 1:2
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists 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 adviser if you have any doubts.