WILL SHE MELT?Further to our analysis yesterday of GBP/JPY we are due to see a fall on the pair. Price yesterday was bullish therefore we didn't send the signal out to the group as there was not enough confirmation to see any bearish movement due to the british pound being so strong.
A day later and we believe we are ready to see that British pound drop to as low as 144.300 maybe even 143.800 (extended TP Zone).
we are entering at 144.850 or higher.
Selling
"DJ KHALID" ANOTHER ONESo another similar set up here on another GBP!
So a very similar trade to our last one which was posted earlier: (What goes up must come down) & (Lets try again).
So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21.
The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine push' headline news.
But as we can see here the price hasn't yet pushed up as far as our resistance zone . Now if price carries on to be bullish and continues to push upwards with momentum and break through our resistance zone then we will more than likely hit Stop loss. (Worse case scenario)
But from analysing the chart i believe that we could potentially see bearish momentum and see price drop as far as 143.300
im going to keep a close eye on this as im currently in a few other trades at the moment and if i decide to take this one then i will update this post as of when! KEEP YOUR EYES PEALED GUYS! we're going to make big moves before the end of this week!
LETS TRY AGAIN!So a very similar trade to our last one which was posted earlier which we cut our losses from: (What goes up must come down)
So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21.
The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine push' headline news.
But as we can see here the price hasn't yet pushed up as far as our resistance zone. Now if price carries on to be bullish and continues to push upwards with momentum and break through our resistance zone then we will more than likely hit Stop loss. (Worse case scenario)
But from analysing the chart i believe that we could potentially see bearish momentum and see price drop as far as 1.85000.
im entering this trade now at the following:
ENTRY 1.90317
SL: 1.90700
TP: 1.85000
USDCAD BEARISH So Readers,
You have my idea on USDCAD:
Monthly, Weekly and Daily chart all heading bearish. There isn't any need to go long this market !
Big player are in the market now as we have the 3*HTF momentum poised Bearishly
The short term target at 1.2600 seems viable traget... Biden in the white house doesn't help out the US dollar
Bearish momentum must continues this first quarter. I personally reduce the risk at the beginning of year !
Keep the risk low and have a control of your trade :)
BullFlag, W pattern, Above vwap, Bullish breed of BankniftyBanknifty has created multiple probabilities of continuing the upward move and it should be faster with good momentum now.
In the graph you can see we have three positives:
1. W pattern broke, price came back to test the level of break and formed reversal signs
2. Bull Flag was formed and it broke that too
3. BN is above vwap, 200 ema and 20 ema.
CEI Penny Stock Sell AlertPENNY STOCK SELL ALERT
$CEI - Camber Energy, Inc. Common Stock
Initial Alert Price: $0.9
Price High: $0.9105
% Gains/Losses: 1.17%
(-20.83% Less Than Expected)
CEI was not able to confirm the EMA Crossover and could not hold support above the $0.8410 Support Levels. We are closing this trade alert for a -11% Loss
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