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Sell-signal

GBPUSD Potential Short Signal UpdateTRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of short long bias. We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 79%, but we will continue to monitor price action and the updates from our algorithm. See the link below for an image of our algorithm's forecast for this pair. i.imgur.com
Short
by UnknownUnicorn261897
GBPJPY Potential Short SignalGBPJPY has been in a decent down trend, consistently making lower lows and lower highs. For this reason we are only interested in playing this pair on the short side because we only like to take high probable trading set ups that provide us with the best odds for success. Trading WITH the trend provides just that, we cannot stress this enough. With that being said, we will be looking to see price action break below this short-term up trend with confluence of a move to the downside from our price action forecasting algorithm with a chance performance prediction of 85% or higher. The 152.000 level may give downside movement some issues so it may be a potential profit taking target if we see price action getting caught up down there. Currently our algorithm is forecasting some consolidation and a bit a move to the upside with a chance performance prediction of 85%, however this will update every hour on the hour so we will be monitoring the updates and price action to see if we get the signal to go short. See the image linked below for a picture of the latest forecast from our algorithm: i.imgur.com If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897
GBPUSD Potential Short SignalGBPUSD has been extremely bearish since the latter months of 2014 and traders all too ofter overlook the overall market trend because the market enters into a corrective phase which confuses people. Of late, we are attempting to break-out of this corrective phase to the downside, which already presented a nice short set up as seen in our previous analysis: We are looking for a similar move on a break below this new blue up trend line on the hourly chart, however we will need to see confluence from our price action forecasting algorithm predicting a move to the downside with a chance performance prediction rate of at least 85%. Currently our algorithm is predicting continued movement to the upside with a chance performance prediction of 83%, but we will continue to monitor price action and our algorithm updates to see if we get a shorting opportunity on this pair. Please see the link below for an image of our algorithm's forecast for this pair: i.imgur.com If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals! Also follow us on all of our social media: Twitter @ Unique4xPro Snapchat @ Unique4xPro Instagram @ Unique4xPro
Short
by UnknownUnicorn261897