AdebayopDavid

AdebayopDavid

explanatory as it is on the charts, break and retest of intraday support, tight sl, goodluck!

AdebayopDavid

Flows into safe havens as major economies goes back into lockdown. Technically, Lower lows made from yesterdays low, conservatively wait for a successful retest at 150.37, following that we should see price fall to 148.88 SL: 30pips TP: 150pips Cheers.

AdebayopDavid

Following its failure to stay above 1.40, cable has seen a steady fall coupled with the feds winding up QE, demand for greenback peaking. Technically, Upon succesfull retest of 1.3698 previous support broken,if said level holds we can see more shorts to print 1.359 SL: 35pips TP: 105pips Decent RR. CHEERS.

AdebayopDavid

Broke below the daily support holding from 2nd week in april, making lower low from previous month. Last frinday saw a push to the upside back above the broken support as a result on interest rate data released by the BOE. Markets are beginning to adjust from the volatilities of the news release, provided prices remain below support, we are likely to see price...

AdebayopDavid

A POSSIBLE RECOVERY??

AdebayopDavid

Very quiet this week as its yet to make any real push to either direction until it broke intraday support at 1.41380 My bias apparently from my technical view is a "roll over" but with the manner in which it stalls and moves these past few days you have to be extra patient and not stay more than 50pips in profit unless the dynamics changes and there is constant...

AdebayopDavid

MAKE OR BREAK??

AdebayopDavid

We cld possibly see the beginning of GJ recovery when this move plays out! break and close above yellow zone gives enough room to make higher highs this week, past previous high, and its just tuesday!(which means theres enough time)

AdebayopDavid

Short-Term!

AdebayopDavid

Price has recovered greatly from 2020 lows, making highers on the monthly tf Key psychological level broken at 74.00 Higher highs above 2019 highs Waiting for a slight pull back to a major support on lower tf(not shown here) before bullish continuation to 83.000 mark Potential ++700pips

AdebayopDavid

Bullish power seen at last months candle close, expecting buyers to pick up momentum from last month breaking the monthly resistance and making a new high. Also has the monthly trendline to break but I am on the bias of it breaking this aforementioned parameters.

AdebayopDavid

1:2RR

AdebayopDavid

shorts into .3529 provided current structure breaks and retest succesfully

AdebayopDavid

LONGTERM!

AdebayopDavid

1:2.5 RISK

AdebayopDavid

Long into 1.9140

AdebayopDavid

2R risk to reward

AdebayopDavid

LL made after breaking an intra-day support, getting ready for further movement down to the next support