Hello traders, I don't know any fundamentals in trading. I like trading technically. All GBP pairs seem weak. GBPAUD is my favorite right not among them. These is my technical analysis with GBPAUD;
-Clean monthly engulfing rejecting my trendline even though I don't really like using trendline.
-W candles cleanly rejecting my small D fib.
-D shooting star @ D fib...
Hello traders, Anyone interested in EURCHF pair? This looks interesting to me right now. My W, D and 4hr are bearish so why not take this trade right? I have;
D Engulfing @D FIB 61.8%
D structure in the area(Prev supp & resistance)
W 50 EMA approaching price which might trigger for price to go in our favor
Price in 4hr TF are not respecting bullish 4hr 50...
Hello traders, for me GOLD is not YET ready to fly again because D candle close doesn't looks like it's ready to go. I'd rather wait for price to reach 1935-1932 area where in my D FIB 38.2% is. I'd rather wait for it to reach my fib.
But who knows what will happen right? It can go whenever and wherever it wants.
Goodluck GOLD traders!
Hello traders, this is my idea about GBPCAD. We are bearish in all TF except 4hr TF but price starting to react differently in 4hr 50 EMA so I'm not bothered that I don't have a new 4hr swing point yet. In this chart as you can see I'm anticipating a new D RSP (Recent swing point).
-D ENGULFING CANDLE, it engulfs 3
previous D candle
-D FIB 61.8%
-D structure
I...
Hello traders, anyone who are looking for entry in GBPUSD LONG?
I'm anticipating price at most likely at my 38.2% of 4hr fib. I have W Fib in play here with W ENGULFING Candle. But as of now I'm waiting for a retracement in 4hr TF in any of my fibs, most likely at 38.2% because of a new trend in 4hr TF.
Hello traders, I just wanna share my thoughts about GBPAUD
Very short term 4hr short setup
I'm aware that I have bullish FIB with W 50 EMA coming to price.
So here's the setup
4hr shooting star @4hr fib 38.2%
4hr structure
4hr 50 ema
D 50 ema on top of price
What do you think traders?
Hello traders, I just wanna share my thoughts about EURGBP short term setup.
I don't really like Monthly and Weekly candles and price movement but 4hr and D seems interesting
I got;
D FIB @38.2% lvl
D 50 EMA
W 50 EMA
M 50 EMA
4HR Hammer Candle
D structure
