Britishpound
GBPUSD | Rejected by Ichi Cloud Please support this idea with LIKE if you find it useful.
Price was rejected by the 50 MA + Ichi Cloud resistance zone. Currently we have price sitting on the Mid Line of the Descending Channel. In case there is a confirmed breakout of the Mid Line we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GBPUSD | Downward Breakout of an Ascending TrianglePlease support this idea with LIKE if you find it useful.
Great breakout of the Ascending Triangle to downward and further rejection of its lower boundary. Also we crossed the 50 MA to downward, in case we lose the Ichi Cloud support we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GBPUSD is close to Sell Zone!The price is under Mirror Level 1.24065.
It can fall down to 1.21610 or even more.
Potential profit will be 3 times bigger than the risk.
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GBPUSD | Possible Breakout of an Ascending TrianglePlease support this idea with LIKE if you find it useful.
Price is testing the Resistance of the Ascending Triangle. In case we have a confirmed breakout then pattern will be confirmed, also it will be a breakout of the Ichi Cloud resistance. So we can initiate a long position in this case
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
EURGBP is close to Buy Zone!The price shows us a pullback now.
And it will be a nice Buy entry if it will bounce off the Support/Resistance Zone.
Potential profit will be in 3...5 times bigger than risk.
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GBPUSD | Bearish FlagPlease support this idea with LIKE if you find it useful.
Price was rejected of the Ichi Cloud resistance zone and formed the Bearish Flag. As the mid line of the pattern is broken we can go to the lower boundary.
In case there is a confirmed breakout of the Flag the pattern will be confirmed and we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
trade long and short GBP/USDHI
-British Pound Among Weakest Currencies in April
-Given the negative news on the British pound, we expect a short-term rise.
-Using technical analysis, I showed two situations for trading, and the second situation has very little risk.
Please follow my support and like my posts.
see you later
GOOD LUCKY
GBPUSD | Descending Channel Reformed Please support this idea with LIKE if you find it useful.
Price produced a leg down and we got the new low for Descending Channel. So currently price is sitting on the lower boundary of the Descending Channel, in case we have a confirmed breakout of the lower boundary we can initiate a short position.
If there is a retracement to upward we can initiate a short position in case we have a confirmed rejection of either the Mid line of the Descending Channel or of the higher boundary of the one
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Breakdown That is what we see. An obvious trend change with breakdown of demand line.
"The fastest and most risk free way to make money in the markets is to identify a change of trend in a market as early as possible." - V. Sperandeo
This is no financial advise.
New LL expectedNew lower low expected on the monthly.
Price missed monthly pivot when trend started and now price retraced to monthly pivot as it often does before the next impulsive wave to a new lower low on weekly
with breakdown of a established demand line. The fact that it was pierced already indicates bullish weakness. I believe price will reach yearly S2.
Look for short setups on 4 hrs .
EURGBP, Like a bullet!The price broke the Key level 0.87416 and continue to move up very fast.
I don't recommend tho trade it now.
Good buy entry will be only near the level.
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GBPUSD | Possible Retracement Please support this idea with LIKE if you find it useful.
Price is declining in a descending channel. Currently we have price retraced of the Mid line and goint to test the Ichi Cloud resistance zone + Resistance of the Descending channel. In case we have a confirmed rejection we can initiate a short position
If price crosses the Mid line to downward we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GBPAUD | Double Top + RetracementPlease support this idea with LIKE if you find it useful.
On monthly chart we have price formed the Double Top pattern + retraced of the resistance trendline of the Symmetrical Triangle. We can initiate a short position with Stop-loss inside of the Resistance zone
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GBP/USD, trading Plan for next week. You will learn the best place where we can trade GBP/USD at low risk.
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