Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 :1.5 , 1: 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
FOMC Minutes in the Charts: EUR/USD & GBP/USD During their June meeting, minutes released on Wednesday indicated that almost all Federal Reserve officials expect further tightening in the future. Despite the majority's belief in upcoming rate hikes, policymakers chose not to increase rates due to concerns about over-tightening. They acknowledged the delayed...
The UK continues to struggle with high inflation, as demonstrated once again this morning when headline inflation exceeded expectations at 8.7%, surpassing the projected 8.4%. Core inflation also outperformed, registering a 7.1% figure compared to the expected 6.8%. This divergence emphasizes the contrast between the UK and its counterparts in the US and Europe....
GBPUSD breaks their support trend is downward 200EMA us Above the price 1:3 beast trade
We saw GBPUSD Short Because, GBPUSD Rising Wedge Breakout or Retest Completer.
GBPUSD is right now testing at weekly resistance and also been rising for last 6 weeks . It may seem for correction here at this moment with target at fib. retracement at 61.8 . Stop loss just above the weekly resistance . You can trade accordingly with proper risk management . Also , this week we have BoE interest rate decision in view and also the GDP report on...
We saw GBPUSD Short Because, GBPUSD Ascending Trend Line Breakout or Retest Complete.
GBPUSD has broken the trendline on a 4hr timeframe and target is 1.19400. It has a great risk reward ratio.
GBPUSD Analysis wait for Retest and Candlestick Pattern Triangle
CAPITALCOM:GBPUSD As you can see in GBPUSD pair is in consolidation since Dec 22 (long time ) and now it is near to the resistance, if it rejects the resistance level and come down then we can plan for sell side with the conformation of pull back entries. Plan your trade accordingly.... (4 HR time frame)
We saw GBPUSD Short Because, GBPUSD Rising Wedge Breakout or retest Complete.
It's important to note that the behavior of the GBPUSD pair can be influenced by a wide range of factors such as global economic conditions, political developments, supply and demand, and market sentiment. Therefore, it's important to do your own research, analyze the market conditions, and consult with a qualified financial advisor before making any investment...
*As i marked the hogh probability POI zone *market touchs this zone and start moving downward *Market already gives CHoCH and make an INDUCEMENT * After taking inducement we take multiple entry on sell side as per risk appetite. I enter this trade after taken out the minor liquidity taht i draw a line on char that you can understand better way. Now i use 4hr...
FX:GBPUSD Good to short . Long term trade.holrmtill tp for more gains 🚀
GBPUSD resistens Hammer confirmation up side Rejection confirm
#GBP #USD #GBPUSD, #NASDAQ, #CURRENCY, #CURREYPAIRS, #FOREX @GBPUSD #GBPUSD DOWNWARD movement potential with risk: reward ratio 2.9. SELL at 1.1985 with SL 1.2060 and Target is 1.17750 Hey Traders, HOPE our analysis is adding value to your Stock market trading Journey. If yes, cheer us with Thumbs up... NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE...