Robb0101

Robb0101

On the one hour timeframe this is what i see. On Friday the trendline held but the bullish momentum was week and the trendline was broken during market open. Based on US-China deal that seems to be promising i believe we might see a short and since the trend line has been broken risk takers can go short and those who are afraid of risk can wait for more...

Robb0101

Based on the weekly chart GBPUSD is trying to break the weak resistance at 1.32334 and complete its bullish run at 1.35912. I entered a buy because of the reversaly at 1.30873 which might mark the completion of the retest of that level. My 4hr target is at 1.32410 but i expect it to go higher than that upto 1.35982. My TP is 1.32404 and sl @ 1.31340. Whats your...

Robb0101

Based on my analysis i see a buy that offers great RR .

Robb0101

I think on bigger timeframes we are on a bearish trend and i think the short uptrend has been exhausted we can wait for a break out and sell.

Robb0101

This is a clear uptrend . The double top pattern is distorted indicating a false doubke top pattern but a breakout in the side of bulls.

Robb0101

Ger40 is currently siting on a strong support level hence a stoploss a 14433.82 and first tp of 14840.25 would be a great idea.

Robb0101 Updated 

Gol has reached the same resistance level it reached on 9 march .....the supply zone might be great for us to go short , On a weekly chart that might seem like a double top formation .What do you think?

Robb0101

You can set take profit at the resistance level or follow up with trailing stop for scalpers .

Robb0101

there is a double bottom forming at the new support , probability is high for the support to hold and allow gpbusd to reach the resistance zone on the chart. Note this is not investment advice its just an idea