Could it be that the failure of the First Republic Bank is causing weakness in the GBP & EUR? Chart is starting to look bearish.
Hi everyone I think that we can take a short position with a higher risk than usual up to the specified targets. Entry point - targets and stoploss are clearly defined. Please have capital management and do not enter more than one percent of your capital in any position. Note: When the price reaches our first target, we close half of our position in profit and the...
Broken Support, easy Short opportunity. Waiting to retest and rejection entry.
Wait for any channel breakout. Invalidation 1.31744
In yesterday's analysis, we said that GBPUSD would continue to fall. Today, there is no change in these expectations despite minimal stabilization. It is this correction that is the ideal opportunity to include anyone who has so far failed. As with GBPUSD, the other good-looking option is GBPJPY! Here the situation is similar: - we have a break of the upward...
Critical Level : 1.35153 Key Level : 1.3156 - 1.30782
Similar to my AUDUSD idea, I have technical reasons to believe that GBPUSD is about to make a swift move downward. Short term bear trend here has been obscured by absorbent buying on each attempt to flush out longs. 1:6 R:R On Weekly timeframe you will see a just recently posted bearish engulfing candle. On Monthly timeframe you will see a just recently...
Ive already made plenty of money shorting from the D point. GBPCHF still has yet to hit my 618 take profit. This short aligns not only with my technical analysis, but is right below my 200 ema and thus is ready to head down. My analysis on bxy is bearish as well, and with this economic uncertainty in the air and pound weakness, this will be the move to take...
There is a double top formation in GBPNZD in the daily timeframe. So the pair is likely to edge lower before finding support at 1.9393. Trade info: Short -1.9760 Target 1- 1.9393 Target 2- 1.9070 Stop Loss- 2.0039
Open Sell position on 1.3092 SL 1.3121 TP 1.2986 RRR - 1:3.6 I think many major pairs is going down (xauusd, audusd, gbpusd). What about USD ?
Open SELL order - 1.3069 SL - 1.3113 TP - 1.2867 RRR - 1:4.6 Adding new SELL order Reasons - breakout sell level at 1.3068 and retest it
Bearish Bat already occurred earlier in the cycle. It is evident that another Bearish Bat has emerged. The profit zone is my green 38.2 and 68.4. Tell me I'm Wrong.
GBPUSD is on the top of his wide flat. He make 1 impulse. Make 3 correction movements with 3 update of correction peaks. And it ready to go lower. First target is second wave - 1.3008. Next targer is 1.27. So SHORT it RIGHT NOW!
Fundamentals:- After the EU backed the Brexit deal formulated by Teresa May we could see an up swing in some of the GBP currencies. Although some traders believe this is already priced in coupled with recent economic data I can't help feeling that the GBP is slightly undervalued. Technicals:- As you can see we have used the daily chart to analysis this currency...
Fundamentals:- I have chosen this trade primarily in the expectation of a weaker GBP due to the reduced CPI that was recently released and the lack luster wage growth which the BoE are watching closely. There are still pressures from Brexit although the economy has been recovering moderately since the recession. On the Australian side of the trade their economy...