Market has downtrend trend breaking the small uptrend , A Clear retest has been seen through a small uptrend line . Wish U A Happy and Successful Trade.....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9145). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
FIB RETRACEMENT / CHANNEL BREAK TARGET - 0.88700 OANDA:EURGBP
ITS A VERY RISKY TRADE . MANAGE THE STOP LOSS.
Price is forming a rising wedge pattern. Hence looking to enter short Thank you to all those who have sent me private message and been following me. Hope you have understood how simple it is to trade forex with out any support/resistance lines or lagging indicators. And started to earn good profits as I have told you on what to do. Please Note: Just knowing the...
Price has clearly formed a rising wedge pattern and has broken from it suggesting its going to reverse. And now it has formed a bear flag pattern which gives more conformation that the price is expected to drop. Thank you to all those who have sent me private message and been following me. Hope you have understood how simple it is to trade forex with out any...
Euro against pound pair has seen downtrend during last week, almost it went down 50% from the this month up, now its clearly landed up in the support area , expected this pair will have a bullish week, when GBP goes down, few fundamentals also supports the bearish GBP, so , This pair has a great chance to go up,
if market follows wedge pattern den look for sell around 50 pips.
Will wait for the bull flag to fully develop to enter LONG. Please Note: Just knowing the direction of the next move will not help being profitable. There is a lot more to it with regards to the entry technique and successfully managing the trade after entering the trade. If you look at my previous trades, 90% are impulsive moves covering about average of...
EUR/GBP BUY LIMIT - 0.9075 TP - 0.9193 SL - 0.8995
Mid-Term Forecast Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.918). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA...
dont enter blindly....analyze for yourself n den go for it
It is clearly forming cup and handle pattern..and it is in buy trend