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EURGBP Long Opportunity ComingWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** EURGBP is currently re-testing the weekly low from Feb 2020 which we could see a temporary bullish move from this support zone. I believe it will retest the structure support level below (8285) if the support at 8337 is broken. First tp target would be modest at 8380 zone. Do you agree? Where do you think EURGBP is headed? Let us know in the comments! :) COMMENT, LIKE, FOLLOW for more! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
CHFJPY , WAITING FOR SHORTING CHANCE ?we are clearly at a ranging market at the inter day trading time frame .What we will be looking for once the market has opened over , is the break of this particular structure and a CRYSTAL CLEAR retest , and we will be looking for a chance to enter the market on either directions (as the market does whatever it wants ) my personal bias is on the sells for the forth coming week as the higher time frame structure . we are looking at a reach that has hit the higher time frame structure -resistance - trendline
Short
by DIGITALASSETSINC
BITCOIN FRENZY: BEWAREThis is not a prediction. The daily chart of BTC is actually showing no surprises. But if you read lamestream media you will see how people are scratching their heads about a recent pump north on BTC. There are two important structure areas. The recent pump came off one of them - because 'everybody' was thinking the same thing. The next structure area is in sight around 50,000. I don't know - nor can I predict that price will bounce south off 50,000-ish. What I can imagine of human nature is that 'everybody' might get the same idea to dump around that price point. ATR switches on the daily time frame have about a 55% reliability (from my own experience) - which is better than rolling dice. I don't know if price will get into the higher troubled zone. It could collapse now. I just don't know. Nothing in this post is to be relied upon, because am not a fortune teller. See the fat disclaimer below and on the chart. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BITFINEX:BTCUSD
by Captain_Walker
1
GBPUSD , you seek to know the next move ?from the look we have clearly had a down trend , from the analysis above . what we will do is wait for the market to either give us a break through both from the trend resistance line and the resistance structure , retest , later then we can seek an entry in the intraday time frames to long it to the next structure point . for shorting opportunity , we will be seeking for it to break the support line retest , a clear retest and we will be looking for an entry to short the market , probably to for a double bottom .
by DIGITALASSETSINC
2
CADJPY case study 7/21 In this video we dive deeper into how to train your eyes to be patient and look for key signals of where price will go. The market always leaves clues and it's up to you to determine how to piece the puzzle. The goal is to have an idea of where price may go and to also work on your strike rate -I also covered different trade options you could have gotten into as well as what to do when you're stopped out...don't just give up on the trade..go back and try again IF IT MAKES SENSE..remember there's no room to revenge trade in this market..only trade smart
Short
by carlmarc23