Gbpaud, went higher as mentioned last weekHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Gbpaud likely should have more upside to come .Euraud has similar setup but will go for gbpaud instead.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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GBP (British Pound)
GBP/USD is heading to 1.266666(6/8/2024)GBP/USD faced a big loss after NFP data. Right now the price left a big FVG, and we believe its going to be filled the next week. DXY moved sharply and sentiment around it is bullish as well.
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-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPUSD - Short Trade Idea (ICT)Here is a short trade idea on GU.
On last Friday we had a volatile displacement to the downside, so I would like to take a short, targeting the SSL below, into a weekly FVG. Pretty straight forward trade. Price could go lower than that if the trade was correct in the first place, so I would likely leave a runner between 20-30% of the position at that point and trail my stoploss to breakeven.
Trade safe.
- R2F
GBPCHF My Opinion! BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1388 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1410
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPUSD is approaching an important SupportHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.27700 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27700 support and resistance area.
Trade safe, Joe.
Buy GBP/USD Triangle Breakout The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2796.
Target Levels:
1st Resistance – 1.2835
2nd Resistance – 1.2858
Stop-Loss: To manage risk, place a stop-loss order below 1.2750. This helps limit potential losses if the price falls back unexpectedly.
Opportunity Breakdown:
Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential.
Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout.
Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud.
Thank you.
Bear pressure is building! This is a move on GU that I have been waiting for. I need further confirmation that it want to move forward with what I am seeing so I waiting for London session to see how price reacts to the added volatility. I'm thinking that now that we have established a high for the month, price can really start to move. Key is to remain patience and just wait for price to come to you.
Bearish drop?GBO/USD is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci projection and could reverse from this level to our take profit.
Entry: 1.2812
Why we like it:
There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement.
Stop loss: 1.2862
Why we like it:
There is a pullback resistance level which lines up with the 161.8% Fibonacci extension.
Take profit: 1.2756
Why we lie it:
There is an overlap support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCHF: Bullish Continuation & Long Signal
GBPCHF
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCHF
Entry - 1.1405
Stop - 1.1333
Take - 1.1519
Our Risk - 1%
Start protection of your profits from lower levels
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Could GBP/JPY reverse from here?Price is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support.
Pivot: 199.30
1st Support: 197.45
1st Resistance: 200.69
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 suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Sell GBP/USD Beairsh FlagThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry : Consider entering a short position around the current price of 1.2710, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2665
2nd Support – 1.2640
Stop-Loss: To manage risk, place a stop-loss order above 1.2760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Falling towards overlap support?GBP/USD is falling towards a support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.2754
Why we like it:
There is an overlap support level.
Stop loss: 1.2706
Why we like it:
There is a pullback support level which lines up with the 161.8% Fibonacci extension.
Take profit: 1.2812
Why we like it:
There is a pullback resistance level which is slightly below the 61.8% Fibonacci projection.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPCHF - 4hrs ( Sell Trade Target Range 150 PIP ) ☑️Pair Name : GBP/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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⚙️ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short )
Type : Mid Term Swing
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🛡Bearish Break
1.16200 Area
Reasons
- Major Turn level / D
- Inner Channel Break
- Bearish Choch Zone / weekly
- Fibo Golden Zone
- Day / week low
🛡Bullish Reversal
1.14700
Reasons
- Major Turn level / M
- Fibo Time Zone
- Choch Area
- Pattern Area
- Quarter's Area
- Fibo Golden
- Visible Range HVN
- Fixed Range Hvn
GBPAUD Sell every riseThe GBPAUD pair eventually hit our 1.9000 Target after our latest sell signal on April 04 (see chart below):
The price is now consolidating around the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) cluster, imitating the late October 2023 consolidation. As long as it stays below the Lower Highs Zone, is will initiate in our opinion the periodic Bearish Leg towards the 1-year Higher Lows trend-line (green Cup).
Our medium-term strategy involves targeting the 1.89100 Support for lower risk.
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Heading into overlap resistance, could it reverse from here?GBP/AUD is rising towards a resistance level which is an overlap resistance level which lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 1.92017
Why we like it:
There is an overlap resistance level which aligns with the 161.8% Fibonacci extension.
Stop loss: 1.92340
Why we like it:
There is a pullback resistance level.
Take profit: 1.91362
Why we like it:
There is a pullback support level which lines up with the 50% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish rise?GBP/CHF has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 1.14442
1st Support: 1.14112
1st Resistance: 1.15118
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 suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
waiting for price to show its hand...New week...new Month...new opportunities. sitting on hands to wait for price to confirm what direction it wants to go. With todays price action it looks like it wants to now push higher to start the month off. Expecting better sell opportunities later in the month. Lets see how today plays out. London session should be interesting.
GBPCHF Technical Analysis! BUY!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1450 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1527
Recommended Stop Loss - 1.1400
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
GBPCHF I 4 hr Intraday long from the bottom of the channel Welcome back! Let me know your thoughts in the comments!
** GBPCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPUSD is approaching the main trendHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26400 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26400 support and resistance area.
Fundamentally the risks of Inflation are fading in the US.
Trade safe, Joe.
GBPCHF - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPCHF has been overall bullish, trading within the rising channel in blue.
At present, GBPCHF is approaching the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong support marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
📚 As per my trading style:
As #GBPCHF approaches the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich