GBPINR : Strong bullish charts
The pair is trading in a strong trend
the overall trend suggest a likley breakout to take place and led it towards 106.30 and 106.90 mark as long as 104.50-104.40 holds on the lower side
Gbpus
TS ❕ EURCAD: reached the resistanceEURCAD has reached the resistance level and has already rebounded from it. I expect the downward movement to continue.
SELL scenario: short to 1.35167.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPUSD Daily ideaA Short setup on daily timeframe. We see a market structure change on daily, so we excpeting a bearish move next week. Put sl above the trendline and tp around 1.340.
Review of yesterdays trading on H1BO. December 14, 2020Trying to claw back last weeks losses. A review of yesterday's trading.
GBP/USD GOING TO Trendline ITS TIME TO SET UP OUR TRADEyesterday, i posted a trading set up on GBP/USD, and it goes as planned where the nearest resistance is reach, now it is clear that long position is very much possible to trade. considering USD is weakening.
Stay stune for further Signal
GBPUSDTRADE OUTCOME FROM 7/8/2020
VERY EASY TO PICK RANGES. STUDY THIS CHART AND PICK OUT YOUR GEMS ;]
BE FIERCE
DO NOT GO GENTLE
INTO THE LIGHT
GBPUSD 25 Mar '20in pattern Bear Flag
recommend intraday : buy sell on the red / green trend line..
recommend swing : sell
yellow is main trend line
gbpusd 11 Aug 17 updatehigh probability the ending diagonal is completed, price above wedge confirms idea and a 50% retracement could be expected before lower
GBPUSD - a textbook example of a 2618 tradeSince some people do not know what a 2618 trade is, and the opportunity is there, I thought I'd make an example for educational purposes.
A 2618 trade is probably the safest way to trade a double top or double bottom and although the Risk/Reward ratio is a little less favorable, my preferred way to enter a double top/bottom trade.
Basically, you wait for the downward trend, away from the double top (the upward for double bottom) to break and close below the neck line of the double top/bottom.
Then, if a retracement occurs, you put a limit order at the .618 retracement of the previous leg of the move, in the direction of the previous move.
You might miss a couple of double top/bottom trades if no retracement occurs, but percentagewise you'll win a lot more of these trades.
Hope this was informative to you, don't forget to hit the like button :)
