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Going Short on GBPUSDRunning Trade...
Do your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
🎯 An opportunity from earlier this morning with GBPUSDWe have been running a fresh long with GBPUSD after taking profit from yesterdays analysis this morning. Thought it would be worth publishing the analysis now that the market has had time to settle. I would say this trade is still available for an entry.
🎯 Altcoin season - XLMUSD may have found support.XLMUSD has had a great couple of weeks, well done to anyone who has held long term. I am keeping a keen eye on the PA behind this coin and think we might have found short term support, to avoid a sell off back down towards Fibonacci. This being, the upside have a better confirmation, as and when the price is able to hold above the Fibonacci resistance line shown, and surpass the 0.21500 region.
GBPUSD SHORT TRADE IDEAHELLO EVERYONE,
Coming to Analysis of GBPUSD , here are a few points to be considered :
--Price Has broken out of the channel and we have a clear "break and retest" .
--Price has broken a 4Hr structure and retested the low .
--Currently I am looking for a nice move to the downside .
--The Targets have been defined over Critical Demand/ Supply zone to ensure accuracy over the targets
USDCHFI understand this trade is likely to be a loss.
Its against the trend and ideally our entry should be at the Orange zone.
However, I've noticed that sometimes potential trades that seem bad can have good outcomes. Although this trade has much less confluences it at least has one which is that it is at a major zone where price has reacted many times before.
GBPAUD - LongHolding shorts as a hedge to look to take longs soon with zero risks.
Lining up that fibonacci with the trendline, maybe we could see some sort of manipulation below the trendline, before looking to have a push to the upside! Holding my shorts allow me to now take longs with ZERO risks!
GOLD SHORT TERM TRADE IDEAHELLO EVERYONE,
Coming to Analysis of GOLD , here are a few points to be considered :
--Price Has broken out of the accumulation zone .
--Price has rejected the zone formed at 62% fib .
--Currently I am looking for a nice move to the upside .
--The Targets have been defined over Critical Demand/ Supply zone to ensure accuracy over the targets.
COMMENTS ARE WELCOME >.