Day Trade: GBPUSD 1HR ShortFX:GBPUSD
GBPUSD
A day trade on the GBPUSD is setting up,
Price broke below the upward TL lower and is setting up to break the 1.3115, before breaking price might retrace to retest the upward trendline before pushing lower.
This comes after Boris Johnson and his cabinet plan to introduce a law which if approved will not allow the UK to ask for an extension in July making a No-Deal exit a possible scenario.
The target for the break is expected to be just below the 1.30 around the 1.2975
Picks
This Weeks Three Top Stock - Blended Price Chart for PerformanceThese are this week top three stock plays with a custom chart showing how they all move going forward. These are expected to rally within a 21 day window.
9.1.17 | Stock Picks || ATW | HIMX | RGC | KR | BZUN | YNDX | INTC | LULU | MSFT | ABBV | XOM | WMT | GILD | ADI | V | PANW |
(Code-Name_Virtue)
Here is my Stock Picks list, I will not be providing any analysis for any of these symbols because there are so many. I may however provide analysis for one or two of the symbols next week. Otherwise please use your own methods of analysis when considering any of the companies on my Stock Picks list. If you scroll down you will see I have a chart posted for each symbol in my updates therefore you can get a glance at any of the stocks that you may be interested in or have a Trade Idea for.
(Keymaker)
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SLF - Rising wedge breakdown Short, from current label to $36SLF seems breaking down from a rising wedge formation. Good moneyflow divergence. We think it will decline from current label & it can easily decline to $36 area.
* Trade Criteria *
Date first found- February 2, 2017
Pattern/Why- Rising wedge breakdown
Entry Target Criteria- from current label or retest to resistance around $39.
Exit Target Criteria- $36
Stop Loss Criteria- $40.13
(Note: Trade update is delayed here.)