GBPCAD ANALYSIS...MULTIPLE TRADE LEVELS??AFTER QUITE THE CHOPPY WEEK AND MOVEMENT IN THIS PAIR
OUR BIAS IS TO THE UPSIDE WITH SUPPORT AT 1.72500-1.73000 ZONE
HAPPY TRADING!
FX:GBPCAD
Britishpound
GBP USD - Is In Descending Channel! Hello Fam!
GBPUSD is rejected off the top boundary of the descending channel, we can short it if it also crosses under 1.31620 horizontal support.
Good luck to you!
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Idea is not the financial advice!
GBP USD - Has Taken a Rejection! Hello Fam!
GBPUSD previously went upside as I was telling, but now we have a rejection of the middle line of the range, which take us to the lower boundary and lower if we break the range's lower support. Situation is bearish here and can be changed only by the breakot of the mid line to upward.
Good luck to you!
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Idea is not the financial advice!
GBPSGD, Waiting for the good trade!Pay attention to this picture! The price accumulate its power inside the range channel.
If you look for the best entry points don't concentrate on EURUSD and GOLD only!
Check enother currencies and look for the strong patterns.
Thanks for your support and comments!
Good luck!
GBP USD - Is in Falling Wedge! Hello Fam!
GBPUSD has held the horizontal support and formed a falling wedge pattern, we can long when the pattern is broken and confirmed.
Good luck to you!
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Idea is not the financial advice!
GBP USD - Horizontal Support Has Held! Hello Fam!
GBPUSD was supported by horizontal support, which can bring a retracement. Safe entry for long is the breakout of upper resistance.
Good luck to you!
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Idea is not the financial advice!
GBP USD - Trend Reverses! Hello Fam!
GBPUSD made a double top pattern, horizontal breakout will be a bearish sing and short can be taken in this case.
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Idea is not the financial advice!
GBP USD - Providing a Bounce! Hello Fam!
GBP USD good chance to pick it up as the pair bouncing of the lower boundart of the ascending channel after the correction happened.
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Idea is not the financial advice!
GBP USD - Broke Out of Ascending Channel!Hello Fam!
GBPUSD also followed my projection, now crossed the ascending channel to above and fixed. So we have another opportunity for long.
Good luck to you!
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Idea is not the financial advice!
GBPNZD, The trend will continue!The price crossed the Key Level and probably will continue its movement.
We can look for a buy position if it will pull back to the level.
The trend is our friend!
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Before to trade my ideas make your own analysis.
Thanks for your support!
GBPCAD, Make your choose and wait...))I show you a Key Level where the price can form one of the models.
Buy scenario can happen when it will approach the level with a huge candle with full ATR or more.
But, if it will approach slowly we should wait for the breaking model and look for Sell under the level.
Push like and write your comments. We will catch the best trades together!
Thanks for your support!
EUR GBP - Retracement Has OccuredHello Fam!
The pair is inside of the range, retest of the upper boundary was not successful, so we should now go visit the mid line of the range, and then lower boundary.
Good luck to you!
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Idea is not the financial advice!
GBP USD - It's Your Time Now!Hello Fam!
We have a fixation above the horizontal support, mid line is getting crossed. It's an opportunity for long if the crossover is confirmed and we will go to retest the upper boundary of the ascending channel.
Good luck to you!
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Idea is not the financial advice!
GBPAUD. Might play around the key zone Hello Fam!
GBPAUD has been supported on the key zone and can retrace upwards once the market opens. We have to wait the retracement is confirmed and long can be opened.
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This idea does not provide the financial advice.
GBPSGD is close to the Support/Resistance Zone!The price is close to the Support/Resistance Zone and we should pay attention to the price actions here.
If the price will cross the zone we should look for the Sell entry.
There is no entry now but we can see it soon.
Some accumulation above the zone tells about it.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
GBPUSD. Reversal PatternHello Fam!
Found a reversal pattern on the GBPUSD. We can short the pair once the key level is lost, and the pattern gets confirmed.
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This idea does not provide the financial advice.
GBPUSD, Time for the correction!If the price will cross level 1.30148 it possibly continues to fall to the Support/Resistance Zone.
The Global Trend still bullish so it's better to look for a buy entry.
But sell position is possible for the intraday traders.
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Before to trade my ideas make your own analysis.
Thanks for your support!
GBPJPY, Look at the difference!!!I show you two different scenarios on the same chart.
You should look for such preconditions before choosing your trade direction.
Red text is about bounce off the Key Level.
Blue text is about breaking out and moving forward.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
OVERVIEW OF GBPJPYGreetings Traders !
Our view of GBPJPY
Price broke out of prior months channel formation
Possible retest-of channel and if 137.700 holds
Expect higher highs to139.300 resistance zone and above
Otherwise, with economic fundamentals, brexit, stimulus, if chart respects bearish butterfly formation pattern, etc.
We could see a bearish move to 136.500 zone as our target. A break from there can bring 131 levels...
Feel free to comment and share or like :-).
Happy Trading
Stay safe!
The Trading Regime.
USDJPY is close to the Mirror Level...The price shows us a false breakout of the Mirror Level.
It's a huge chance that it will continue to fall with a Global Trend direction.
Potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
GBPUSD STRUCTURE ANALYSIS|RESISTANCE AHEAD
GBPUSD is now trading within the influence of several support-resistance lines and is approaching a strong resistance area with 3 breakout attempts held.
Confluence of the support-resistance lines is forming a bullish triangle, indicating a potential further weakening of the dollar.
However, the resistance is strong enough and therefore I am bearish short term.
Also, in my recent dollar index "DXY" analysis, I am pointing out that the most significant support lines remain intact which makes the dollar surge a strong possibility.
Anyway, the short from that level will be a counter trend trade so be careful and wait for confirmation.
Thank you for reading, and have a nice day!
