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Pips

GBPUSD H4 - Long Trade SetupGBPUSD H4 - USD strength seen off the back of the weekend headlines and USD upside gap, various reasons supporting this, such as the US vaccination manufacturing, Trumps comments last week regarding stand-down and January 20th transition, stim packages etc... Eyes peeled on DXY going forward this week, looking to suss our whether these moves are short or medium term. 1.35 support on cable has finally been seen after failing to break 1.35500 last week.
Long
by Trade_Simple_FX
EUR/GBP - Technical Moolah!!That's the Stuff that nobody teaches you!!! Have you ever thought about having multiple Support and Resistence lines? This is pure Technical Analysis using only levels and trend lines! Don't complicate your Chart with all the indicators under the sky when all you need is a couple of technicals to trade short or long term! In this particular Situation, EUR/GBP got a bit distracted from the main trend, kind of like starting a new uptrend but then we can observe that it was just a distraction and it's going to get back in it's trend as soon as it has the chance!
by bpemea
2
HUGE SELL opportunity For GOLD !! 400 PIPS I have marked out the phycological stages which GOLD has reacted to well over time along with Keys stages following the graph to the beginning of COVID . there is a HUGE SELL opportunity for gold right now we are going through some consolidation after the rally over Christmas. For the trade we are looking for a reversal pattern along side Bearish candlesticks patterns such as a shooting star , and Three black crows and Evening Stars . this will give us a clean confirmation. Entry will be best at the top of the box or wait for the retest to Enter just before the big movement. in my chart all key stages and near by phycological stages are marked . For the fundamental side we are looking for some over all good about the USD or the EUR this will assist the movement to the downside! OANDA:XAUUSD CURRENCYCOM:GOLD happy to hear your views and opinions thank you!
TVC:GOLDShort
by TinotendaM
2
👀Keep Your Eyes on EURUSD (Euro/Dollar)!!!!👀 Hit the Follow 👍As you can see on the monthly chart, price broke a well respected trendline and has been very bullish. We should be expecting continued bullish momentum towards upcoming resistance (On lower timeframes price is retracing for now). When and if we reach the highlighted zone, we will then look for a rejection of the zone or a break and possible a retest should the situation present itself. Our bias is bullish fundamentally due to the completion of the Brexit negotiations. REMEMBER, our job is to be reactive, not predictive, so don't take this analysis as gospel, take it as inspiration. Make sure you drop a follow for more analysis. (Emojis increase success rate)
by NasBaz
5
Technical Analysis EURUSDCurrently watching the EURUSD pair for a breakout of the rising wedge pattern. As shown, we are currently bouncing between the upper/lower limits of the wedge; also, just above at 1.25560 is a 3 year high. From my analysis, I expect to come close to the high, however, I believe there will be a retracement to the S/R level between 1.206-1.207. If the pair tests this level, we could see a drop to the 1.115-1.116 level we saw a few months back. This pair could also break this level and continue to fall to the lower support levels of 1.08. Keep an eye open for this trade and do your own due diligence! #PIPSincoming
Short
by RKE_2019