6B1! trade ideas
CONTRAT A TERME 6B DAILY ANALYSIS Hi friends
the daily chart of this market will experience with a very high probability a downtrend in the next few days but at the same time it is better to be vigilant of the change towards the opposite direction of the market
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TRADE 6B (GBP/USD) at breakoutI recommend to trade the 6B (GBP/USD) at the triangle's breakout, while keeping an eye on the supports and resistances; as they represent targets/Pullback points.
Potential rally in British Pound futures, valid for GBPUSDBuyers have passed important sellers zone near 1.2400 with significant volume. Range near 1.2400 is the nearest magnet now. Once retested and rejected we can consider longs with the final target near 1.26500. Note 1.23500 range has to hold to keep structure valid.
(18.06.2020) 6B has every opportunity to fall to 1.2164(18.06.2020) 6B has every opportunity to fall to 1.2164.
6B: Hight probability to go LongThe first july announces the end of the downtrend starting in early June, so we have a hight probability to going testing the 1.2530 in the first time, and if we break the 1.2550 we can go much higher, first Target : 1.2560, second Target: 1.2950
BP Trend Line Break Short Setup.Looking to get short at the second test of that daily SZ then looking for the tested DZ to break and become a flip zone and continue downward.
SHORT POSITION FOR 6B1WE HAVE OPPORTUNITY HERE FOR SELL 6B1
HIGH RISK FOR THIS POSITION BUT IF WE HIT SL WE CAN CHANGE IT FOR A BIG OPPORTUNITY FOR BUY 6B1
Short the pullbackDISCLAIMER :
The content on my TRADINGVIEW profile is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice. Trading has large potential rewards but also large potential risk. Do not trade with money that you cannot afford to lose. The past performance of any trading idea is not indicative of future results.
6B1! in case ↘↘Depending on a lot of sign 6B1! going to be With a huge endurance decreased and it's the perfect time to sell
discretionary trading 6.4.20 Looking at decisions that are discretionary in order to handle the charting on the 6B: British Pond futures ( apologies for spelling errors in advance...I have made a discretionary decision to not spellcheck ). Trading is always going to require discretion ...and this is good if you have some level of understanding. There is really no escape from avoiding at least some discretionary decisions that a program will not "consider" because of the math...but that you will see, and that matters. Remember: when you enter the market...from that point the market will generate new data that is relevant...yet is not factored into the programing. If you REALLY want to eliminate all discretion.... then take the bars off the chart and have buy and sell signals...and see how that goes. Discretion is required for trading and it is probably better to think of it as a reflection of the ambiguity of the market for buyers and sellers. It is not you and there are some things that will not be programmed well...but your brain can see it...if you look.
BP near potential turning pointNice profit potential of 6:1 reward to risk to final target
Can be traded in Futures or forex with $GBPUSD
