Get started

Gbpusdsell

How I Identify Key Trading Levels | Multi-Time Frame Semi-AnalyTradingView wouldn't let me be great. The title is supposed to say, "How I Idnetify Key Trading Levels | Multi-Time Frame Semi Analysis". :) Now that we've gotten that out of the way...I put together a quick video showing how I mark up my charts on each Friday, Saturday, or Sunday. I start from the top down and identify the obvious high and low point formations for that timeframe. This helps me because, I know if price breaks through one of the levels, it is likely headed to the next key level. This video is not for the purpose of giving my analysis on GU, **cough cough**, hence the reason I titled it "Semi-Analysis". I hope this helps someone gain clarity in their trading journey. I might do more videos, idk yet. I hate hearing my own voice, lol. Thanks for coming along with me on my trading journey!
Education
by kacijackson
7
This is how GBPUSD presents a handsome short trade opportunityTrade Idea: We can see that GBPUSD has formed a double top and price has broken the neckline of the M formation, now price has retested the neckline so I will only be looking for short trades targeting next S/R zones as illustrated in the chart. Previously, I took a short trade when price retraced back to the 0.618 level (also my favourite retracement level), targeting the next S/R zones, however, the next safe entry level would be a retest of the EMA14&21 in combination with favourable rejection/reversal candles. TP & SL Levels: TP1: 1.2076 TP2: 1.1943 SL: 1.2243 Technical Analysis: * Price below 200EMA. * RSI 14 below 45. * Respecting the Light Blue Downwards Trend line * Break and Retest of the Neckline Fundamental Analysis: Brexit Talk with EU not going well (Bearish GBP) UK issuing negative yield government bonds (Bearish GBP)
Short
by JKFXTrading
2
GBP/USD SELL SIGNAL Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Waiting for break below purple line (Support). Market Sell: 1,24455 Stop-Loss: 1,25035 Target 1: 1,24000 Target 2: 1,23590 Target 3: 1,23060 Stop-Loss: 58 pips Risk: 1% Risk-Reward: 2,44 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez