The pair has formed a falling wedge pattern and has given a valid breakout above the wedge. It can witness a throwback and the price can retest the wedge line once again. Based on the current momentum and with the application of Murrey math line,we expect the pair to move towards the resistance zone of 1.35538
This one they are moving very slowly , they made a small flag and now they are moving to Tag 1.347 , Look for sell set up near this Area and once they Complete the Small Flag pattern , they will likely to Continue down ward , Long term is still down ward
On June 28, gbpusd attempted to attack MPP (S1) 1.30760 and YPP (P) 1.30508 last month and pushed back cleanly. It is currently stopped at MPP (P) 1.32437 this month which was made in July. << notes >> Last month's MPP On the weekly chart, it can not be said whether the up trend of last year is breathing back or aiming at under 1.30000. weekly chart For...
GBPUSD SHORT OPPORTUNITY KEEP WATCH SELL below 1.41666 TP 1 - 1.41410 TP 2 - 1.41183 SL above 1.41916 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully...
The daily chart of GBP/USD indicates that the pair is currently in downtrend. There was a steep fall in the counter but lately selling momentum has subsided and bulls have started come back in the counter. It is indicated by the formation of bullish outside bar candlestick formation. As per our analysis, we expect the pair to be bullish and head towards the...
Exactly in the previous support... Points to note: 1. Death cross. 2. RSI at 35.774 acted as strong support for the past one year which after death cross is broken 3. RSI at 35.774 can act as resistance. 4. If price moves up from here can form double bottom and bullish divergence. 5. can be shorted at 50ema or 200ma(if it reaches)
Price consoildation stage. Best place to go for long for the sure target of 1.35755
Beak out of Asc TA and Price rejection at Strong Resistance. Risk reward ratio is good for this trade. Reap the profits of 100 pips in just 24 hours and enjoy. GOOD LUCK
The trade is given based on the idea of catching trade entry along with trend during pull back with clear reversal signal (price rejctions at strong Resistance). Let us see the result.
Disclaimer.. no active trading not an investing/trading recommendation
GBPJPY bearish opportunities as it is in overbought region the price might down till touching 1.38500 areas
GBPUSD If complete point D to buy TP 1 - 61.8% TP 2 - 38.2% SL - BELOW 30 TO 50PIPS IN POINT D Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if...
HI GUYS KEEP WATCH GBPUSD TREND LINE AND RESISTANCE BREAKOUT Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is...