blamezak

blamezak Updated 

Let's keep it simple, As Always! As of today, GBP/USD has delivered a solid 250-pip move following our analysis shared on October 9th, 2024. Our forecasted move materialized as expected, with the pair continuing its upward momentum after a brief consolidation phase. For those who took the trade, congratulations on securing some solid profits! Now, the question...

blamezak Updated 

Let's keep it simple. A reversal is often needed for the trend to keep going. But, it's not a sure thing. However, the odds are in our favor. If not, the trend might break, leading to a new one. So, who's ready to catch the next big wave? Let's wait for the setup to form. Don't rush. Let the price action tell us what to do. It's that easy! PS: THERE IS NO LONG...

blamezak

FX:GBPUSD To make things clear! We are in a Bullish Long Term Trend, under which were are going through a Bearish Retest. Buyers are eager for a reversal, buying at every possible retest and failing. They are not back from the Party from last week. In the mean time, I would short now, it has a side to it. A Little risk is not gonna hurt while it can reward big....

blamezak

Key Insights Upward Trend: The overall trend for GBPUSD remains bullish. Resistance Levels: 1.3200 and 1.3250 are significant resistance levels. A breakout above these levels could signal further upside potential. Support Levels: 1.3000 is a key support level. A break below this level could indicate a potential reversal. Economic Indicators: Keep an eye...

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How are we doing today? join in, let's scalp longs.

blamezak Updated 

Current GBPUSD Situation: Mixed Sentiment: Looking at resources, the overall sentiment on GBPUSD is mixed . Some analysts see a potential bullish outlook if it stays above $1.2752, while others remain cautious Impact of PPI on GBPUSD: USD Strength Indicator: The PPI measures inflation at the wholesale level in the US. A higher than expected PPI reading...

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In the current market, the British Pound (GBP) has been under pressure against the US Dollar (USD) due to ongoing geopolitical tensions. However, there is an opportunity for a scalp trade regardless of these tensions. Chart Analysis The chart shows a breakout from a support level, which could indicate a potential move to the upside. The price has also been...

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Gold, the timeless haven, is poised for a potential resurgence in the coming months. Here's why a bullish outlook for the precious metal is justified: Weakening Dollar: The Federal Reserve's recent dovish shift, signaling potential rate cuts, could weaken the US dollar. A weaker dollar historically translates to a stronger gold price, as gold becomes a more...

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I'm bullish on this asset, would GBPUSD take off? Let's discuss

blamezak Updated 

Bitcoin's recent surge above $46,000 has traders buzzing. But is it the start of a new leg higher, or just a head fake before another dip? Bullish Outlook: - Breakout confirmation: BTC's clean break above 46K resistance suggests renewed bullish momentum. - Technical tailwinds: MACD crossing bullish, RSI still in healthy range. - Long entry: Look for a pullback...

blamezak Updated 

I am bearish with DXY as per my analysis, Lets discuss.

blamezak Updated 

Taking a SCALP on BTC seeing the rejection. Let's see how this goes