Get started

BRITISH POUND / TURKISH LIRA

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPTRY trade ideas

#GBPTRY: Bear Momentum to Be Seen At Action Level! #ForexTraders, 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
Short
by TomProTrader
TRYGBP bearish Gartely supported by long term resistanceCD leg with a 1:1 ratio with the XA leg falls into the blue region shown on the graph (which is also a confluence of the 0.786 retracement and 1.272 extension, so will look for this as an entry point . Stop loss is based on previous structure support as shown by the horizontal red line. Not only is this a nice Gartely, but we also have the entrance point on the line of long term resistance , as shown by the black line (zoom out to see more). For this reason, we may see a much larger drop than the initial price targets. RSI is nearing an overbought state.
Short
by olly_price