GRAB Potential for Bullish Rise | 1st December 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is. Stop loss will be at 2.52, where the previous swing low and 23.6% Fibonacci line is. Take profit will be at 3.68, where the 78.6% Fibonacci line is.
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GRAB trade ideas
GRAB Potential for Bullish Rise | 28th November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line . Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB AnalysisI was expecting price to bounce off the bearish POI at 2.88 and continue lower. However, price invalidated the POI and head straight to the bearish POI at 3.72 again and reacted to it. Right now, price is currently mitigating the bullish POI at 2.94 and I'm expecting price to bounce higher from here.
GRAB Potential for Bearish Rise | 23rd November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line . Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 21st November 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price has also broken above the descending trend line. Looking for a buy entry at 2.89, where the 28.2% Fibonacci line is located. Stop loss will be set at 2.56, slightly below where the 23.67% Fibonacci line is located. Looking to take profit at 3.68, where the 78.6% Fibonacci line is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Momentum | 17th November 2022On H4, the price has broken out of the descending channel and is now above the ichimoku cloud , indicating a bullish bias. Price has tapped into our buy entry at 2.89, where the 38.2% Fibonacci line is. Take profit will be at 3.68, where the 78.6% Fibonacci line is. Stop loss will be set at 2.56, slightly below where the 23.6$ Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 15th November 2022On H4 chart, we have an overall bullish bias for GRAB . Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is located. Stop loss will be at 2.56, slightly below where the 23.6% Fibonacci line is located. Take profit will be at 3.29 where the 61.8% Fibonacci line and market gap are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Continuation | 15th November 2022On H4 chart, we have an overall bullish bias for GRAB . Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is located. Stop loss will be at 2.56, slightly below where the 23.6% Fibonacci line is located. Take profit will be at 3.29 where the 61.8% Fibonacci line and market gap are located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.