Excepting A Possible Move To Upside!Hello Traders,
We have A Support Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bullish Momentum.
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Gbpsgdsignals
GBPSGD _____ TRADE IDEA FOR DAY TRADERSHello Traders,
I know this pair is not one that most people trade, however, the price structure of this pair presents a short trade for day traders.
This pair has some bearish juice in it and based on the price structure, this pair is retracing after the bullish rally. If you look closely at how yesterday's candle closed, you will notice that the price was manipulated to the bullish side only to close bearish. Hence, a bearish continuation is probable.
I'd like you to look at my speculation on GBPUSD for day traders (inserted below)
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GBPUSD ANALYSIS
Cheers,
Jabari
GBPSGD ____ INCOMING BEARISH DUMPHello Traders,
This pair which is a new addition to my watchlist is looking interesting. Let me tell you why...
Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart.
Now that price had taken buy-side liquidity, it is going to look for sell-side liquidity to take out.
I have marked out sell-side liquidity for the price to go hunt.
However, I advise you guys to watch out for the structural shift from bullish to bearish and lookout for manipulations before taking a trade.
Let me know what you think about this in the comment.
Don't forget to give me a like and follow.
Cheers,
David
GBPSGD ____ INCOMING BEARISH EXPANSIONHello Traders,
This pair which is a new addition to my watchlist is looking interesting. Let me tell you why...
Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart.
Now that price had taken buy-side liquidity, it is going to look for sell-side liquidity to take out.
I have marked out sell-side liquidity for the price to go hunt.
Also, more reasons for this move, price retraced today just as it did in EURGBP to take out last week's Friday entries (I will include my EURGBP analysis).
However, I advise you guys to watch out for the structural shift from bullish to bearish and lookout for manipulations before taking a trade.
Let me know what you think about this in the comment.
Don't forget to give me a like and follow.
The EURGBP analysis
Cheers,
David
British Pound is weakening against Singapore DollarHello Everyone! the British Pound has reached its daily resistance area that is 1.67488, it looks weak and also the overall trend is bearish on higher timeframes thus we expect it to move to 1.63916 zone in the short term. Long term target is 1.60006
Thank You, Like and Comment if you like the analysis..
GBPSGD Daily OutlookWe are Expecting GBPSGD for long sell from Supply Level 1.82757 as the market break the Demand Level 1.80353. Market can go up till the Supply Level 1.82757 for sell entry after Re-Alignment in Short TF, If we see any Confirmation about Re-Alignment then we will update about market trend, We can sell it from the Supply Level 1.82757 to Demand Level 1.72650.
GBP/SGD:UPTREND|FIBO+PRICE ACTION ANALYS|LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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GBPUSD - Adam and Eve"Adam and Eve" is a secondary reverse pattern which may have different representation. In the ideal version it resembles a double top with the particularity that the second maximum is rounded, smoother, slightly decided.
Another important difference with the double top is given by the asymmetry in time between the two maximums, the Eve phase can last longer than the Adam phase, a symptom of indecision and resistance to change in the market. Volume is high during the first maximum (Adam) and fall during Eve. Then, volume increases again during the breakout of the support level.
The distance between Eve and the support level is denoted by (H1) and it identifies the first target (T1).
Again for this pattern, which is considered even more rare, the volume fall during Eve and then grow up after the resistance breakout l.
GBP/SGD Long on Rebound From SupportLooking for a rejection of support for this to climb higher. Recently broke above a big resistance level, if price can hold here and not fall below support again then there is a good long opportunity on this. Want to see MACD remain above 0 and EMA to remain bullish if and when this holds at support before longing. Target is at the next high of 1.88158
ANALYSIS OF GBPSGD 2.12.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7710
• Take Profit Level: 1.7850 (140 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7535
• Take Profit Level: 1.7485 (50 pips)
USDJPY
A possible long position at the breakout of the level 109.70
GOLD
A possible short position in the breakdown of the level 1452.00
USDCHF
A possible long position at the breakout of the level 1.0010
EURUSD
A possible long position at the breakout of the level 1.1030
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GBPSGD approaching support, potential for a bounce!
GBPSGD is expected to drop to 1st support at 1.72191 where it could potentially react off and up to 1st resistance at 1.73065.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Analysis on GBPSGD 6.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7085
• Take Profit Level: 1.7200 (115 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7000
• Take Profit Level: 1.6950 (50 pips)
USDJPY
A possible long position at the breakout of the level 107.25
EURUSD
A possible long position at the breakout of the level 1.1050
USDCHF
A possible long position at the breakout of the level 0.9880
GBPUSD
A possible long position at the breakout of the level 1.2355