I believe it's about to trap some shorts... I need 5 rep to do stuff on the site. Please like :)
Entry --> 0.9055 Stop Loss ---> 0.9103 Take Profit--> 0.8879 Risk/Reward --> 3.7 Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Please follow a proper risk management program when trading.
Hi guys, I think there will be a touch to the key level and a bounce from it in the long position , this level had a bounce at 5 touch points in both the short and long positions. If you like this idea, please like and subscribe to my profile. This idea does not provide financial advice. Follow and comment me guys!
GBPJPY Buy 134.600 TARGET : 135.300 - 136.100 - 136.700 SL : 133.700
EURGBP trades well below the bearish trendline and could continue the drop. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said support outweighs the resistance. I am currently confident in growth correlation for this Forex pair and the target can be met for a quick profit turnover. I think the current market pattern feels obvious, and if you traded...
Price is approaching our first support in line with our 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further push up to our resistance level. RSI is showing signs of bullish pressure as well.
In this idea I will explain how you can enter GBP/USD (Cable) with a great risk-reward trade based on the technicals of horizontal support and resistance. Whoa. We had such an amazing trade here on GBP/USD last time using these zones, let's try to do that again. First let's quickly recap our previous succesful idea: We found confirmation on the resistance, and...
if we break this line there is a high probability that this level will happen
TF: D Possible head and shoulders developing on the Daily.
Price is approaching our first resistance, in line with our 50% fibonacci retracement where we could see a reversal below this level to our take profit level. We will also be posting the written version, linked below. Please also leave a comment below on ideas you would like to see next!
GBP/USD is approaching our first support and we could be seeing a bounce above our buy entry to our take profit level. Our video analysis is up too, so please refer to that for a step by step guide on how we get those levels. Also let us know what you would like to see next :)
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Goodmorning! Here are the S/R Levels I keep an eye on for Tuesday, February 25. These are Price Points where you at least can expect some pause and possibly a Reversal. You can use these levels to frame a Setup or to exit an Open Position. The darker the area, the more likely Price has a difficulty to break through. My goal is to help you identify logical...
This is a break down analysis of the GBPUSD ahead of next Thursday's (January 30th) Bank of England (Boe) Interest Rate Decision. Fundamental Analysis: - Starting with today, the U.K. Manufacturing PMI jumped to 49.8 in January (9-month high), while the Services PMI rose to 52.9 (16-month high). Both did little to keep the pair near the two-week high as...
GBPNZD going short, coming from a double top pattern, and re-tested the resistance (support previously) tp and sl are on the chart good luck