THIS IS MY SETUP FOR GBP NZD I use Fibonacci to get these extreme points and my preferred one is 80% retracement, with a risk-reward of 1:4. Trade carefully This is not financial advice, DYOR.
Been waiting for price momentum to shift. Now looks like we have it. Have to wait out the next day to see if they are ready to keep moving in a bearish direction.
The GBP/USD currency pair has approached a notable demand zone, which appears particularly intriguing on the future 6B1 chart. This area could present significant opportunities that may become even more evident in subsequent trading sessions. Currently, the price of the GBP/USD pair is exhibiting signs of being overbought. This condition is largely influenced by...
EUR/GBP is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.84550 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.84913 Why we like it: There is a pullback...
Price have been touched FVG zone and now is in down trend progress
Simple and Easy trade Setup with Minimum Risk. Evidence is must before taking any entry. Note : Do your own Research and Trade Wisely Never rely on my opinions. Good Luck folks
✅GBP_CHF is going down Now and we are seeing a Bearish breakout so we are Bearish biased now and we Will be expecting a further Bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello hello, We have a short trade idea on GU for the coming week, anticipating the next 12h candle. I am expecting a move into at least one of the iFVGs on 12h timeframe before a move lower with multiple targets graded by my probability hierarchy. Last week we had NFP which took price to a relatively high level. As is said, "The bodies tell the story and the...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Gbpaud managed to break higher and watching for long setups.bis to the upside Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84500 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84500 support and resistance area. Trade safe, Joe.
Do you also see what I am seeing? 1. Rejection of price in the 1.120 region. 2. A down trend that retraced about 50% but may now be resuming. 3. A series of lower highs 4. Solid support at 1.1230 now becoming resistance. 5. Price below 20 ema on the daily as well as H4 time frames. I don't know what you guys think, but I don't need any more reasons to go short....
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10400 zone, GBPCHF is Trading within the above pattern an currently is approaching the pattern support. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.31650 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.31650 area. Trade safe, Joe.
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPCHF. ❤️ Please, support our work with like & comment! ❤️
The market has responded to a bearish divergence on the 1H chart, leading GBPNZD to pull back from a key resistance zone. After reaching the strong resistance level of 2.12700, the market formed a daily long-tailed bar, signaling a rejection of that level. Given the overall bearish trend and the appearance of a large bearish candle, the market is likely to...
EUR/GBP is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8455 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.8491 Why we like it: There is a pullback resistance...
The price is reacting off the pivot which acts as an overlap resistance and could reverse to the 38.2% Fibonacci support. Pivot: 1.3179 1st Support: 1.3045 1st Resistance: 1.3266 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Based on our profitable private trading indicator, there has been a SELL Signal at a resistance level which now means the GBPUSD is ready to drop! This is the perfect time to sell and take profit at the next support level