Positional shorting opportunity on breakout of H&S pattern
- GBPUSD is sitting at a strong resistance line. - GBPUSD is very overbought. - The US indices are also overbought, any move down on those will most likely give USD strength for this move to happen. - DXY has been rising lately. - Possibe Pin Bar on this weekly candle. This is a trade idea and not financial advice, use at your own risk! Always wait for...
~GBPUSD has rebounded out of the resistance trendline and is now pushing to the downside! We are targeting the 0.382% fibo level.
Short term short opportunities on this pair. Set your pending orders anticipating short moves to the downside. Happy Trading!
My 2 Entry short on GU. - The Fibo level is still holding - the price also formed a trendline - and I got a retest on my previous session high - 15min entrys let's see. comment what do you think.
jumped in a weebit early but lets see this play out
Based on my analysis and theory, GBPUSD will be short for short-term You can see the resistance level that put GU fall to around 1.354 support area and once it breakout the support area then it will fall more further to around 1.344 support area before we see GU going back up. This is my personal view Trade at your own risk. - Give thumb up and follow for more...
GBPUSD SHORT with multiple confirmations. An exaggerated bearish divergence on multiple time frames and a triple top formed.
Short at 1.3581 Stop above point D Take Profits at 38.2 & 61.8 AD retracement. MACD Divergence supports this trade Watch out for the Daily support and the wedge formation. Happy Trading! Comment your view on this trade:)
After Brexit talks get ANOTHER extension the pound rallied on the open last night pushing most of its counterparts back to key levels. In doing so with cable we have created a strong intra day trend here presenting a good SELL opportunity from this area. Expected the pair to move up and down at first and be prepared to hold. We are live in the trade and wait for...
The pound's pairs consumed the positive news at the beginning of the week about an agreement between Britain and the European Union on Brexit. The pound dollar pair continued to rise and reached a resistance area , where the bullish wave really seemed to be confined, as the pair failed to close above the ascending channel , and the corrective descending wave...
Watch for price action near the double top region. Price could be making an ending diagonal indicating a reversal.
This is what GBP_USD moves might look like It is in the bullish wedge within the channel right now. Like and Subscribe!