GBPTRY trade ideas
#GBPTRY: Opportunity to buyThe pair recently had an impulse move to the upside and then we had a correction to the downside so I am expecting a nice move to the upside out of the corrective structure.
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GBPTRY IN A CORRECTION. BIG MOVE COMING!GBPTRY IN A DAILY DOWN TREND CORRECTION
BIG MOVE UPSIDE EXPECTED! READY TO BUY THE BREAKOUT WHEN IT BREAKS UPSIDE AND COSOLIDATE OVER THE LINE!
THANKS
#GBPTRY: BEAR MOMENTUM TO BE SEEN AT ACTION LEVEL! #FOREX Traders,
UPDATE: We've seen down move so far, waiting now for some more continuation to get more position! Well done for all who took this.
Likely momentum to be seen off of a nice action level, expecting some nice downside as we break the sideways consolidation off of the Fibonacci ratio confluence resistance ceiling.
---Interested in joining my professional signals group, or receiving my professional online trading tuition? Message me here on Trading view or email me with the email address on my Trading view profile page---
Best of luck,
Tom
#GBPTRY: BEAR MOMENTUM TO BE SEEN AT ACTION LEVEL! #FOREX Traders,
Likely momentum to be seen off of a nice action level, expecting some nice downside as we break the sideways consolidation off of the Fibonacci ratio confluence resistance ceiling. Now in continuation to this, we are going to the downside nice off another pullback into the lows, is a good trade.
---Interested in joining my professional signals group, or receiving my professional online trading tuition? Message me here on Trading view or email me with the email address on my Trading view profile page---
Thanks for your visit,
Tom
#GBPTRY: BEAR MOMENTUM TO BE SEEN AT ACTION LEVEL! #FOREXTraders,
UPDATE: We've seen down move so far, waiting now for some more continuation to get more position! Well done for all who took this.
Likely momentum to be seen off of a nice action level, expecting some nice downside as we break the sideways consolidation off of the Fibonacci ratio confluence resistance ceiling.
---Interested in joining my professional signals group, or receiving my professional online trading tuition? Message me here on Trading view or email me with the email address on my Trading view profile page---
Best of luck,
Tom
Opportunity of a life time... $GBPTRY$GBPTRY is also approaching the long term trendline. The oscillators are at oversold levels. In an uptrend, in combination with the other indicators RSI(14) at 40 levels always provide a good trading opportunity in the direction of the trend. Also, 61.8% retracement is corresponding exactly with the support level of the trendline.
If you check the historical behaviours of CCI and StochRSI, you will realize that these levels are also the levels where the currency changed the direction.
Of course, there is a possibility of the trendline to be broken. However, all these are signaling a low risk, high income opportunity trade.
I would definitely take a long position from 3.95 Targetting 4.25, 4.5 and new highs respectively, placing my stops under 3.93.
Breaking of the trendline on the other hand will put 3.70 in the target.
This is the kind of trading opportunity that gives you a great chance to make profit with a little risk. So, don't miss the chance...
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