GBPUSD next week breakoutsGBP/USD is falling from previous two weeks as US dollar was getting stronger since start of february.As now I am expection a breakout on upper side.A slightly chance for downward breakout but hope it will go long.
Nextweek
Eur/Usd AnalysisEURUSD remains range bound and its still moving in sideway trend and until we see any significant breakout, we should be careful with any long-term positions here. Trading between the ranges offers good reward but a breakout either side of the range will be key to any long-term outlook.
Gbp/Usd Analysis for next weekWatch for breakout of a triangle forming Gbp/Usd pair.It is going to end up trend.Now it will break the triangle downward.Use proper money management Good luck
Eur/Jpy next week AnalysisEuro is gaining strength as no vote for brexit which pulls pressure on Pound and euro is still gaining strength against Yen.Here is Eur/Jpy analysis we are moving in a channel.Watch for breakout.Good luck
Review of sterling pairs - week ahead. I'm doing my home work and sharing. GBPEUR or EURGBP looks good for next week based on 6H time frames.
In fact nearly all Sterling pairs look favourable for trends south. That doesn't mean I'm shorting all next week.
This is not advice or predictions on what will happen.
GBP/USD Long from 28th May 2018We have seen GBP / USD fall over recent weeks. Whereas I still believe there are opportunists looking to profit through shorts, I will be going long from the week commencing 28th May.
Here is why;
1. We have gone past the 2018 Daily low (Investors negative around the pounds outlook) and often we see faster recoveries when a major support is broken as traders do not have a mental barrier at these levels.
2. We have tested the 13300ish support once in the light of the inflation news and I expect this to become a major support during this remaining days of this week.
3. Thursday 24th and Friday 25th will be days of (what I expect) news testing this 13300 level again and possible a slight break under it (Opportunity to short before)
4. However I will be setting a trade to go long around this level to profit from next weeks recovery through no new news and breaking through past resistance levels.
SHORT Next few day on BTC USD 2/2 Slope correctionHere is the update and following idea and short target position of
In fact the first idea was correct with the resistance. However I need to correct the coefficient of the projection slope due to the drop of this night and historical data.
Next few day on BTC USDWith Fibonacci and my personal indicator call "Macd_Reader_Signal_Moriceau_Thesis_indicator" in Public library of Trading View I drawed the estimation of the next few day on BTC USD. If you have any suggestion let me know.
Long Pennant Formation, ready to POP?!?Here's what I'm looking at for LTC. Looks like the pressure is really building up in the cone of this "LONG," Pennant!!! Looking back at previous Pennants in LTC this Pennant should be No different, as each consolidation, (like this event), should burst LTC to newer highs and higher lows! As indicated in the chart above, my thoughts are as follows...
LiteCoin - Triangle Pattern!Hey traders! I want to share with you my LTCUSD analysis. As you can see in the chart, there is a big triangle pattern that has been forming since last week, which is now about to be completed. You can also obserb how volume has been decreasing along last week, which supports the idea of a triangle pattern formation.
So, what´s next? Well, is these cases (triangle pattern) we presume there is no way to predict with total certainty if price will go up or down, so we want to trade in both directions. We don´t know what the price direction will be, however, we can estimate the price movement height just watching the height of the triangle.
I use to set my take profits at the middle of the triangle´s height, however, you can change the target depending on your risk profile and price expectations.
MY ORDERS
BUY STOP: 305
Take Profit 1: 345
SELL STOP: 265
Take Profit 2: 215
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
What's more interesting than the trend line?One of the strategies for entry point
Next week GOLD continues to fluctuate and most importantly
I never analyzed gold before.
:)
GBPAUD DAILYTHIS SYMBOL IS SETTING UP FOR A BULLISH MOVE, WHAT DO YOU SEE. ALSO VIEW THE WEEKLY CHART OF THIS SYMBOL. PEACE AND SUCCESS AS PATIENCE IS KEY IN THE TRADING BUSINESS !!!!!!!!
