Hey guys, The pair broke its corrective pattern 2 hours ago to the downside. The previous demand zone has shifted to a supply zone implying that selling is ongoing. I am selling at the market and will target the 127.2% fib level which is the next demand zone. The RR for this trade is above 2.5. Trade at your own risk. Cheers,
GBPNZD is moving inside an ascending channel. The price is now approaching the lower trendline. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡...
Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button - Here we can see in the Weekly timeframe a formation of Bearish BAT Pattern. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Good trading at everyone!
Good morning traders! Today we bring you a long-term analysis of the GBP/AUD pair, along with a short-term vision to show you where we recommend taking a bullish position in case you are looking for a trade in that direction. 🔸The price has been in a bullish channel for four years, and a few weeks ago we saw a retest of it. 🔸From there, the price generated a...
SELL : 149.61 TARGET 1 : 149.41 TARGET 2 : 149.11 TARGET 3 : 148.61 Stop Loss : 151.11
Hi Caesar's ♥ Now We Have New Analysis With Secret Levels And Golden Zone .. GBP/USD In Last Days Make A new High And Arrive To 1.42500 So What The Great Level To Sell ?! - 1.43600 It's Strong Resistance Area .. - Golden Level is 1.45000 .. It's Secret Level And Gann Level ... Make Sell Limit And See Profits ♥
Trading suggestion: At the first, I suggest that you consider the areas I have identified! There is a possibility of a powerful retracement. that two bearish trends are so strong and I will show you in zoom out in the comment below why I said those are so powerful! If so, traders can set short orders based on Price Action and expect to reach short-term targets. ...
Another trade we entered yesterday which hit our Take profit zone throughout the night. GBP has been strong this week and has worked in our favour. We've entered a couple of GBP pairs and have walked away with good capital gain after taking advantage of them. Staying humble as always and am currently tracking the next setup for today! Good luck everyone.
Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Good trading at everyone!
GBPAUD is consolidating below a descending trendline. The price after the attempt to break below gains strength and starts to move to the upside. According to Plancton's strategy, if the market will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
EUR/USD - prepare for break out
Just an idea , Very bullish momentum rn just posting potential outcomes Trade at your own risk~
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/USD ⚪ Technical Analysis : Since the 4th of February 2021, the price has been following an interesting uptrend, after a...
GBPCAD Struggled to break resistance at 1.7760 despite the pounds recent rally against the USD Touching the 1.40 area. a Pullback could be on the cards due to nearly overbought conditions on a daily RSI And moving averages about to cross over for sellers to take control at the supply area. Good Luck.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (148.15). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (148.15). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Confluences: -Daily M pattern -Price broke out of consolidation range and it's retesting it -Price is also at a major zone (now resistance) and has been under it for multiple 4h candlesticks indicating lack of bullish momentum -It's a beautiful 4.5 risk-reward Tell me what you guys think!