GBPCAD HEADING LOWER?ENG
- Price breaking our supportive trendline and showing some oversold signals, the ideal would be to wait for a retest of this resistance zone and then look for confirmations for a short position.
PT
- Preço a quebrar a nossa supportive trendline/supportive zone e a demonstrar alguns sinais de estar oversold, o ideal neste momento seria aguardar pelo retest na nossa zona de resistencia e entrar para short na primeira confirmação.
Gbpsell
Downtrend GBPUSDPlease, support this idea by like and comment. Thank you!
From the beginning of May until now GBPUSD has formed a downward trend.
Part of this movement I had the opportunity to participate with our previous analysis.
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Now the price reaches the resistance zone and we expect to see a new down movement.
The key level will be 1.2231.
In case of breaking down at this level we can look for sales to 1.2079 and 1.1989.
GBP/CHF - BEARISH Potential MoveHello Everyone !
Below we have GBP/CHF pair on a SHORT Possibility, Price has been breaking through support, retesting it seems with successful rejection We should Be seeing Price weakness for now with a downside Continuation to Validate Our Setup.
Extra Note : Price has been rejecting 61.8% Fib. Level in 1D Timeframe.
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GBPAUD SHORTH&S 4HR, Price violated previous HL and created LH to LL indicating the market is in a bearish environment.
There was a liquidity pool to left which was filled last week, price broke above retail "resistance" taking the stops and now there is a high probability that price will move to the downside.
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GBPUSD SELL IDEATechnicals-
Market structure on 4HR chart showing price making LH's and LL'S.
Trendline also confirming the down trend with fib confluence of 61.8% Rejection at high volume area.
Fundamentals-
We have brexit news in just under 3 hours at the time of posting this chart. Therefore, it could potentially provide the liquidity required to move this pair aggressively which is why I am happy to take the trade at this time.
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PLAYTIME WITH MARKET PSYCHOLOGY BEFORE Q/Q GDP Hello everyone.
Time to tighten stop loss by determining the main trends. Choose or make your own for your risk management. Mine is 1:1 for this one according to the 1st Target price.
This idea is not an investment advice.
Any cricitism is appreciated.
Regards,
Zelâl Ada
Brexit Concerns Still Felt? - Ichimoku GBP/USD Sell SetupGBP/USD has continued it's bearish form with all the fundamentals working against it. Brexit concerns will continue to weigh on this pair until a final deal is made. I am looking to hop into this GBP weakness at a break of price structure lows for entry. I've drawn out some partial take profit levels to aim for a long the way as well as my longer term swing target I am looking for. If we break up above kijun sen, or our bearish confirmations change, this setup may become invalidated.
short GBPUSDFundamentals:- After a stronger than expected Non Farm Pay role from the USA and pressures on the GBP from Brexit and average data of late we are expecting the USD to strengthen against the GBP for while longer.
Technicals;- Looking for a pull back on the recent lows to 14000 where there is an area of support and resistance which should act as resistance and bring more sellers into the market .
Entry sell 14000 stop loss 14250
take profit 13550