GBP-BUY
EURGBP to reach for the "stars"?The EURGBP looks like it is on track to break above 0.90 resistance level, which was last breached in September 2017.
If the trade setup is completed (breaking strongly above 0.90), I anticipate a massive move towards 0.93
For this to happen, we need either the GBP to weaken, possibly due to Brexit uncertainty, or the EUR to strengthen, possibly arising from better economic data and more hawkish ECB.
However, we have the ECB rate decision and press conference tomorrow.
Prudent thing to do, will be to wait for the news, identify a directional bias, and confirm resistance has been broken.
EURGBP H4 Bullish Bat PatternWait for D leg completion and then In the Trade,
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Thanks :)
GBPUSD BUY SETUPP!! ALWAYSSSSS ALWAYSSSS wait the breakout, if market bo downtrendline in h4 market willl go up to 150 pip ! sl : 60pip maxxx
- daily support
- 61% fib
- daily trenline
- mommentum rsi 14 look good too !!
- double bottom vv
GBPCAD: A huge buy is on the way?A huge buy is on the way. Look at the monthly chart and you will see a clear reason why. Therefore, with a bullish mindset and a determined area to go long. This setup is one possibility that price can go in order to go up. The buy will be a very long hold.
Target is 1.7770
Stops is 1.6180
Long term trade means, small lot size.
Trade with care.
GBPUSD will do it?This week the pound gives me the impression of being continuing its upward trend, despite the fact that the dollar index shows a profit starting the day, I don't feel safe going against the recent trend formed.
I assume that the lack of relevant data during the week and awaiting Mamma Yellen speak until Friday, the pound will be horny these days.
Recent pound came out of oversold last week, and I think that the trend will remain a few days more, until samples happens to the FED are given, or that we continue like a good thriller.
RSI (50)
It is above the level of 50, for overselling I reach down 3 points below 50.
Stochastic (10,50,9)
not reach the level of 40 for oversold and signs of buying into position
S1 1.30244
S2 1.29691
S3 1.29414
R1 1.30878
R2 1.31700
R3 1.32517
Intra day trade Opportunity 10-DecIn today's session we will looking for Buying opportunity in GBPCAD ...
