gibbsys

gibbsys

Trend: Short term bull trend: Structure: Trend line breakout with retest of support level Plan: Price has broken out of its bearish trend and is now testing a level of support. If price respects this level we can expect a move to the upside

gibbsys Updated 

Trend: Bullish (although breakout has occurred) structure: Trend line and Channel breakout and retest Plan: Price has broken out of a flag pattern/parallel channel, we now see a retest and rejection of the lower channel bound. The expectation is price will retest and move towards previous low.

gibbsys Updated 

Trend: Ranging Structure: Support and Resistance zones Plan: We have seen price respect the upper resistance zone and now look for it to fall back into the lower resistance zone or 0.5 Fib level.

gibbsys Updated 

Trend: Bearish Structure: Breakout and retest of horizontal resistance Plan: We have identified a level of resistance which has price has broken out. Upon retest we look to take a short down to 0.5Fib level as show by the lower resistance line.

gibbsys Updated 

Trend: Ranging Structure: support and resistance / Zone We have identified a buy zone test multiple times on the 4HR time frame. We now see price has once again respected this zone, however the stochastic on the one hour timeframe is at 90 so we look for a small pullback for a long entry.

gibbsys

Trend: Bullish Structure: Trend line and horizontal resistance. Plan: We have identified price respecting a lower bullish trendline and also respecting resistance on a higher timeframe. This trade is already active but if price were to pullback to trend or resistance it would lead to another entry.

gibbsys Updated 

Trend: Bearish (short term) Structure / pattern: trend lines, support and resistance. Plan: We have identified a descending wedge, however the trade set up is price bouncing off of a upper resistance level and the upper trend line leading to a predicted bearish move.

gibbsys

Trend: ranging Structure: Descending wedge. Plan: We have identified a strong lower resistance level that has been tested and respected four times over the last month. We now look to take a long after the latest bounce to the 0.5 fib level. Those who are aggressive traders could set TP at the upper trend line.

gibbsys

Trend: Bullish Structure: Resistance breakout Plan: we see EURUAD breakout of the resistance level formed by the previous two highs. It has also retested and now it showing a bullish candle upon close a bullish opportunity may arise.

gibbsys

Trend: Bearish Structure: Trend line Plan: We have identified a short term trend line (blue) and a resistance level. We look for price to respect upper resistance and trend then move down to previous lows. Please note this is an aggressive trade as there is a longer term trend line (red) seen.

gibbsys

Trend: Bullish Structure: Trend Line / horizontal resistance Plan: We see GBP respecting the lower trend line and also on a higher timeframe bouncing off the lower resistance level. We look to take a long back to previous highs.

gibbsys

Trend: Bullish Structure: Triangle / Trend analysis Plan: We have identified a rising trend line alongside a triangle breakout. Price appears to be retesting the breakout and we look for a continuation of the bullish trend

gibbsys

Trend: Bearish Structure: Trend analysis / Support and Resistance Plan: We have two potential trades here. 1. The blue trend line along with an upper resistance level 2. The red trend line along with an upper resistance level Both trades have potential but note that the upper trend line has been ongoing for a longer period hence may be slightly stronger

gibbsys

Trend: Ranging Structure: Horizontal resistance Plan: We have seen a bounce off upper resistance and a potential breakout to the downside. We have set up at 0.5 Fib level.

gibbsys

Trend: Bullish structure: Trend line and horizontal resistance. Plan: We have identified a rising trend line mixed with a level or horizontal resistance. We now await stochastic conformation before entering a long position with a tight SL in case of a breakout to the downside.

gibbsys

Trend: Ranging Structure: Descending parallel channel Plan: We have identified a descending channel in GBPUSD. It has also started to form a resistance level. We look for price to bounce off either upper resistance or upper trend line and move down to 0.6 Fib level

gibbsys Updated 

Trend: Bullish Structure: Ascending triangle / Support & resistance Plan: Following up from an earlier idea. price has now tested support levels and lower trend line, we now look to trade up to 0.5Fib level or previous high

gibbsys Updated 

Trend: Ranging structure: Flag pattern / support and resistance Plan: We have identified a flag pattern / a horizontal support and resistance zone. Inside this we observe a potential downward trend. upon breakout we would enter to the upside. Alternatively it has respected lower bound and the trade is active.