We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we...
Derwent London is a REIT owner of prime office buildings in London. It is currently tracing minor wave C up of a possible wave primary wave D of a contracting triangle formation. The most probable target for the end of minor C is at 3,796. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
IUKP is coming down in a cycle wave C. It is in an early phase of this wave decline, where intermediate wave 4 seems completed and it should move down in intermediate wave 5 to reach lower levels than its previous wave 3. FOLLOW SKYLINEPRO TO GET UPDATES.
Good morning/afternoon The gbpusd has printed a clear buy to me, I will be looking at a deeper pullback to buy the pair with profit target at recent highs, as shown on the chart. Keep your stops generous during these times. And as always, keep the risk managed! Cheers :D
ISFA is currently tracing the end of intermediate wave 4 of primary wave 3 down . After completed prices should fall to levels between 4800 and 3900 in a new 5 wave intermediate moves. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
FTSE 100 represented by its ETF is tracing down a cycle wave C that should bring prices down to around and additional 35% reaching its bottom in one to two years ahead. Retracements with opportunities for returns in the upside should occur during its path and we will be posting them here. The short term analysis is in the comments. FOLLOW SKYLINEPRO TO RECEIVE THE UPDATES.
4H Chart Explanation: - Price bounced on the Ascending Trendline and broke the Resistance Zone. - Bullish CCI. - Price continues it up move towards the Major Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!
Just before the bank statement, I present a long idea with small risk
Hi traders Daily GBP can take us both ways consider SHORT if breaks down the RED DOTTED line. Consider LONG if breaks up the GREEN DOTTED line. Targets (TP) are on for both ways. drive sfae
Fed Decision: Interest rates cut by 25 basis points after FOMC meeting. The Federal Open Market Committee decided to lower the rate to 0,25%. FOMC does not have a fixed position: some members believe in further reduction, other members voted against any further reduction at this meeting. So could observe the lack of dollar sales. Different positions are...
Still see further downside slide on the cable before the finalization of brexit deal. OInly looking to short on the retest of zone or break of support zone and a retest for reduced risk. Stops are set at 30-45 pips at 0.01 per $100 or 0.10 per $1000. Account leverage set at 1:100
As Per The Daily Chart Time Frame FX:GBPUSD Where GBPUSD Can Be Heading After Brexit is: -> Strong Support At 1.2700 Level -> Strong Resistance Downward Trend line ->Breakout above Trend line Will Be Bullish For Pound ->Descending Triangle Formation Breakout below 1.2700 will lead to another 400-500 Pips Downward. Which Will Good Opportunity For...
Gbp/usd Has seen some major decline following weak inflation and gdp figures. does the market present us with another bearish signal?
Here we have FX:GBPCHF we can see that the price has slumped recently, currently the price is forming a rising wedge to confirm bearish continuation.
Today, on Thursday, August 3, the Euro gained more than 70 base points against the British Pound in less than an hour. It was a purely fundamental event, which was still consistent with the ascending channel pattern, which has guided the pair throughout this summer. The currency exchange rate met with the combined resistance of the weekly R2 and the upper trend...
Thought: What if we actually break north? What if price continues to drop? My Overall Bais: Bullish Confluence: 3rd bounce of Daily black TL. Confluence: possible break of the H4 blue TL. Confluence: price laying on 61.8% Confluence: RSI (waiting for Tuesday) Scheduled Trade: No trade Monday: NO Tuesday 3AM EST: TBD based on confirmation check list. Note:...