Short GBPAUDCould it be that the failure of the First Republic Bank is causing weakness in the GBP & EUR? Chart is starting to look bearish.
Shortgbp
GBPAUD - RiskyShort - CounterTrendHi everyone
I think that we can take a short position with a higher risk than usual up to the specified targets.
Entry point - targets and stoploss are clearly defined.
Please have capital management and do not enter more than one percent of your capital in any position.
Note: When the price reaches our first target, we close half of our position in profit and the other half is risk-free and we leave it open until the second target.
Thank you all
Want profits? Sell GBP!In yesterday's analysis, we said that GBPUSD would continue to fall. Today, there is no change in these expectations despite minimal stabilization.
It is this correction that is the ideal opportunity to include anyone who has so far failed. As with GBPUSD, the other good-looking option is GBPJPY!
Here the situation is similar:
- we have a break of the upward trend;
- break of previous support levels;
- test of the levels.
The opportunities for downward movement are not limited and the levels are:
136.51
135.02
134.16
Don't forget to like and leave a comment.
GBPUSD Short IdeaSimilar to my AUDUSD idea, I have technical reasons to believe that GBPUSD is about to make a swift move downward.
Short term bear trend here has been obscured by absorbent buying on each attempt to flush out longs.
1:6 R:R
On Weekly timeframe you will see a just recently posted bearish engulfing candle.
On Monthly timeframe you will see a just recently posted hanging man candle.
USD continues to push up with the rest of the market and until trend suggests otherwise, I expect that to continue.
Thoughts?
Trade your own plan, this is just an idea.
GBPCHF ShortIve already made plenty of money shorting from the D point. GBPCHF still has yet to hit my 618 take profit. This short aligns not only with my technical analysis, but is right below my 200 ema and thus is ready to head down. My analysis on bxy is bearish as well, and with this economic uncertainty in the air and pound weakness, this will be the move to take massive profits.
Double Top Formation in GBPNZDThere is a double top formation in GBPNZD in the daily timeframe. So the pair is likely to edge lower before finding support at 1.9393.
Trade info:
Short -1.9760
Target 1- 1.9393
Target 2- 1.9070
Stop Loss- 2.0039
Sell angle level on GBPUSDOpen Sell position on 1.3092
SL 1.3121
TP 1.2986
RRR - 1:3.6
I think many major pairs is going down (xauusd, audusd, gbpusd). What about USD ?
GBPUSD sell againOpen SELL order - 1.3069
SL - 1.3113
TP - 1.2867
RRR - 1:4.6
Adding new SELL order
Reasons - breakout sell level at 1.3068 and retest it
The Bears Will Descend Upon the Pound
Bearish Bat already occurred earlier in the cycle.
It is evident that another Bearish Bat has emerged. The profit zone is my green 38.2 and 68.4.
Tell me I'm Wrong.
GBPUSD sell Right Now!GBPUSD is on the top of his wide flat. He make 1 impulse. Make 3 correction movements with 3 update of correction peaks. And it ready to go lower. First target is second wave - 1.3008. Next targer is 1.27. So SHORT it RIGHT NOW!
Long GBP/JPYFundamentals:- After the EU backed the Brexit deal formulated by Teresa May we could see an up swing in some of the GBP currencies. Although some traders believe this is already priced in coupled with recent economic data I can't help feeling that the GBP is slightly undervalued.
Technicals:- As you can see we have used the daily chart to analysis this currency pair. The downward trend was broken back in September with a retest of 149.60 resistance on multiple occasions since then. A fall back to the short trend line shows support indicating that the downturn could come to an end.
The trade:- We are going to use the previous daily upswing to use a break above this candle for the entry point and a stop loss below the previous swing low on the 25th October. Take profit will be the start of the move down way back in Febuary.
Long Entry :- 146.30
stop loss :- 142.70
take profit :- 156.00
Short GBP/AUDFundamentals:- I have chosen this trade primarily in the expectation of a weaker GBP due to the reduced CPI that was recently released and the lack luster wage growth which the BoE are watching closely. There are still pressures from Brexit although the economy has been recovering moderately since the recession. On the Australian side of the trade their economy has also been recovering moderately and although it missed expectations on q/q CPI trimmed mean CPI came in slightly higher that previous. Although long term we expect the GBP to return to pre Brexit vote levels against the AUD in the short to mid term we expect to see another move down.
Technicals:- As you can see from the chart the sideways channel has a slight downward bias and is unlikely to make new highs due to the UK data. If the resistance level holds then we can expect a return to the base of the cannel and possibly a breakout to the downside to retest previous confluence levels.
short GBPUSD on TL short GBPUSD @ 1.2995 for a target below horizontal support.
Cable has a lot of downside potential and if the dollar gets cracking then it would be easy to see 1.29.
GBPCAD Short IdeaHello Traders,
Price is forming trend continuation pattern, ther is no momentum to the upside. Look for sell as much higher as you can.
Good Luck!
Cheers,
Jonas
GBPUSD Short IdeaHello Traders,
Price is forming a reversal pattern at the top and we started to see divergence on macd. Look for sell as much high as you can for the next impulse to the down side.
Good luck!
Cheers,
Jonas
GBPAUD Sell IdeaHello Traders,
Price is forming trend reversal pattern. Look for sell as much higher as you can.
Good Luck!
Cheers,
Jonas
