Hey guys its your girl forex potatoe with another daily Forex analysis for GBPSEK. I trade any pair as long as the price action is textbook great to trade. Here is my analysis for GBPSEK i have actually been following this pair for some time as well. I just noticed i like to take reversal trades anyway lets get to business. This is a textbook break and retest...
GBP/USD: The daily chart is sideways with a weak bullish bias, but the 4-hour chart is suppressed at the upper boundary, so the cycles are not resonating and the amplitude cannot emerge. Therefore, this low-frequency market appears. Regardless of how it operates, traders should take advantage of the fact that the daily chart temporarily does not support a sharp...
hey all and happy weekend next week am gonna lock to buy first to resistence level in 4h after for sure sell long tp=12.6400 short entry 12.6700 tp12.2320 goodluck all dont forget to leave your idea in comment plz
GBPSEK Target Price is 12.16020. Entry at Price Level 12.29032.
GBPSEK $GBPSEK Short Scalp. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Overall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits. I have a bit of a doubt with this one so be careful with this one.
GBPSEK price closed above 12.69163. Price retested 12.69163. Enter long positions and take profit at 13.21115.
GBPSEK Trend: Up Level: Horizontal Support Level, EMA 10 Support Level, EMA 20 Support Level, Fibonacci Retracement Support Level Signal: Rejection Candlestick
GBPSEK Entry Price 12.00221 Entry after pin bar closes on the H4 Time Frame Daily Time Frame H2 Time Frame
GBPSEK on the 4h chart after the bullish impulse retraced at the 0.5 Fibonacci level. The price created a double bottom over the support and now is testing the resistance area. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
GBPSEK on the 4chart reached the daily descending trendline and for rejected. The price is now retracing and we can expect a test of the 0.5 / 0.618 Fibonacci retracement. According to Plancton's strategy if the price will pèrovide us a sign of inversion we can set a nice order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...
I previously stated I was expecting this to drop a bit more but it seems to have formed some support in the current area but it is at 0.382 FIb so that is fine. I recommend waiting for the MACD to show some more signs of bullishness and EMA's to cross or come very close to crossing before entering a long. TP is at -0.272 Fib and SL just below 0.5 Fib as shown on the chart
This has had sharp growth in the past week and broken structure. I expect this to now retrace to support at 0.5 Fibonacci and then rise 11.517 which is -0.272 Fib