AS I said in the last GBPUSD analysis if GBPUSD breaks the range we will have a good long opportunity on this pair. The previous week I wasn't sure GBPUSD will break the range because there were -9.8k positions on cot data. But USDOLLAR weakness driven GBPUSD to the upside. This week GBPUSD has only -2k positions. So, looking good for our bullish outlook. Now, the...
Usually hate trading on sundays buy seen a decent RR setup on GBPUSD going to risk about 1% on this trade see how we play out, ususlly sundays and mondays can be a little choppy and tuesday you get the real direction for the week not always but most of the time you can expect this so lets see how we play out here based off of pridays POC as a solid level of support.
#CUB City Union Bank Ltd. CMP: 121.35 Target: 145 / 165 SL: Not Applicable
Hello everyone! -On a daily chart, we can see that the price closed with a strong bullish candle with a small higher wick. -On a lower time frame such as a 4-hour time frame, we can see that the price broke support line of a triangle pattern and then the price rejected with the next bearish candle that closed a little bit below the support line of the triangle...
It appears to drop gradually. We recommend opening a short position
USD CAD - I expect correction move UP .It could be a good chance to open sell higer level . In the chart are shown areas of rezistance when move UP . You must only wait to signal .. ,, here my correction trip UP ends . We will update
GBPUSD Long. You can see a new structure forming, hit current support at the 1.29 level with a bullish engulfing forming. TP Level at the 1.296-1.30 range, SL at 1.2987
it looks like GBP is getting stronger than before volume is rising I wait for breaking out the level 1.30
BULLISH COUNTER TREND CHANNEL DURING A TWO YEAR BEAR MARKET DOJIS POST A BEARISH PULLBACK 50% FIB RETRACEMENT
We observe the golden cross in the price however, we must consider the long term trend which is in the C wave. If you will also check the daily chart, it will be clearer to see the direction of the price. On the fundamental side, investors are looking for stability in the market before they invest in risky assets. In such, we see that the BREXIT is still in the...
Hi Folks, we forecast GBPUSD to rally up, however trade safe, NO sell at all, bandkers tend to get a deep push before a strong trend starts. NO SELL AT ALL
As i mentioned in my previous post, this pair is correlated to the GBP/USD pair. Prices are also moving in a downtrend, after having breached an ascending trendline. . The price also broke out of a symmetrical triangle to the downside and completed a retest. Price is making a series of lower highs and lower lows. May the bears take over the world!!!
As I mentioned in last weeks post, we are currently testing that 1.29-1.30 support. This area is going to be extremely crucial in determining what comes next but I am expecting a retest of the 1.305 ish price mark before a continuation of the downtrend. The MACD bearish Divergence is now currently confirmed signaling the just now start of that downward trend. The...
cup and handle formed, price once break resistances level
Check chart for description. Our free telegram channel t.me