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Gpbusd

GBPCHF Is on a Inverted Head and Shoulder PatternWelcome! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move! ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
Long
by Profitlio_Trading
GPBUSD Support Zone| Double Bullish Divergence| Impulse Sell Evening Traders, Today’s Analysis – GBPUSD- trading at local support after an impulse sell. A retest of local resistance is probable to put in a lower high. Points to consider, - PA Double Bullish Divergence - Local Support (Trade Location) - Local Resistance (Immediate target) - Oscillators diverging - Volume below average GPBUSD is establishing a probable bullish divergence at local support. This is a valid trade location with the immediate target – local resistance. If price fails to hold this support, the down side target will be daily support The Oscillators are both diverging from price. This is an indication of the short term momentum shifting; a swing low failure will confirm this. The immediate volume is below average, an indication of an influx being imminent, especially at a trade location. Overall, in my opinion, a bounce is probable due to the bullish diverging playing out. A long trade from this area is valid into local resistance with defined risk. What are your thoughts? Thank you for following my work! And remember, “The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.” – Jesse Livermore
Long
by AzizKhanZamani
I have a rule, don't trade Mondays. But I see this....From my education in forex, I have learnt from multiple people that Monday can be a manipulated day in the industry caused by, big hedge funds and banks. I always allow to have Saturday off, come to the charts on Sunday, and begin a week ahead analysis and today would have been a 'perfect' day to trade in, but I stuck by my rules and I'm now having to overcome FOMO (fear of missing out). However, there will be better days and there will be more opportunities in the future. I've only started trading from he start of the year, and I feel I've already learnt a hell of a lot. I just can't wait to see what the rest of 2020 has to bring.
Long
by danieljamesfx
2
Just my thought about GBP/USD🧐Friends, I just wana share with you my thoughts on GBP/USD while I look around the market.🧐🧐 🤫To be honest, I choose the entry point very carefully and don't focus on one or two trading pairs. 👩🏻‍🎓I'm still learning ... If you have any interesting thoughts and tips on working on Forex, I'll be grateful if you share it with me. In the meantime, I share with you my vision of further movement GPB/USD🙌🏻 Stay with me!💋 Your Rocket Bomb🚀💣
by RocketBomb
4
GBP/USD to rally beyond 1.2650The GBP/USD pair is trading near its daily low, bullish in the short-term, after spending most of the day above a critical Fibonacci level at 1.2515. In the 4-hour chart, the 20 SMA advances above the larger ones, all fo the below the current level, while the RSI keeps advancing, despite being in overbought levels. The bullish case should remain firm in place as long as the pair holds above the mentioned Fibonacci level, the 61.8% retracement of its March slump. Support levels: 1.2600 1.2660 1.2515 Resistance levels: 1.2650 1.2690 1.2730
Long
by CeoCodes
1