This idea will be both educational and technical. First, we start with the educational part. If someone were to ask me what a liquidity grab (Stop Loss hunt) really is, I would show them this specific chart illustration. If we take a deep look at the Daily-timeframe graph, we might observe how the price has been able to tap above/below wick rejections and...
In a world where you can love anyone and anything your heart desires, fall in love with ONE currency pair ONLY. The notion of "the more pairs I trade, the more money I will make" is false. If you wanna be a consistently profitable trader, it is more beneficial to focus on a small selection of securities and master them, and there is a concrete reason for that....
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on EURGBP, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. You can find the previous episodes below "Related Ideas" Always follow your...
Trading volatile pairs is like knowing what's in season and not in season. Whats hot and not hot. Who is in and who is out. In this video, I am going to show you what high and low volatile pairs look like and trade examples.
On the EURGBP 1H time frame there was recently a perfect head and shoulders pattern that formed. A strong neckline break followed by a 50% pullback and then a strong bearish engulfing set up a perfect high probability trade. The head and shoulders pattern confirms that the trend is temporarily turning bearish. The engulfing candle opened perfectly at the...
what i project next week move is for EURGBP to make short term pullback and continue with it's down trend.. for more analysis join free setups daily
i will show you the complete multi time frameanalysis for eurgbp. monthly, weekly and daily analysis for for getting the best chances and the lowest risk #eurgbp #eurgbpanalysis #eurgbp_signal
What Is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** * The trendlines of a triangle need to run along at least two swing highs and two swing lows. * Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle....
The pair EURGBP has been rejected at a strong resistance that was established in October 2016. The other traders will be looking at that important resistance to make portfolio changing decisions.
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** The head and shoulders chart pattern is a popular and easy to spot pattern in technical analysis that shows a baseline with three peaks, the middle peak being the highest. The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward...
Hello Please support this idea with LIKE if you find it useful. Classic technical analysis is one of the best analyzes for finding a buy or sell opportunity So I drew some of the most common technical drawings used in the analysis. ***** 1 ) What Is a Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline...
How Fibonacci Ratios Work Before we can understand why these ratios were chosen, let's review the Fibonacci number series. The Fibonacci sequence of numbers is as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Each term in this sequence is simply the sum of the two preceding terms, and the sequence continues infinitely. One of the remarkable...
hey guys, EURGBP has broken above a key daily structure last week. Here are the key levels from where we will be looking for new trading opportunities. 0.90 - recent resistance that turned to support after a breakout 0.93 - major resistance and 2019's high 0.95 - major resistance and 2020's high just in case of the start of a selling rally here are the key...
Well, this is very easy the technical analuysis, the price has in range of distribution of the market nd are consolidated, and well, this is a great opportunity to earn a lot pip in this par, wll, as we see the situation of Brexit, this has make thsi par very sensitive their movement of the Eurozone and U.K., But, there are not range, but we have in the...
FX:EURGBP is currently completing the correction wave C as shown.