SimonHG

SimonHG

gbpusd long. if trend doesnt go as planned then i wont enter trade

SimonHG

Wait for trend to show whether if it breaks the resistance zone or not. if it wont go as planned then i will not enter the trade

SimonHG

if the trend manages to break the trendline and resistance zone beneath it, then i will look for an obvious short opportunity. if trend continues long then i will most likely keep adding trades long to catch the ride of an outbreak sl should be at 147.480 though

SimonHG

says all

SimonHG Updated 

says all

SimonHG

analyse shows all, if it doesn't go as planned then i won't enter trade. if it doesn't manage to breakout then i will be looking to short

SimonHG

diagram shows all, though i would believe this would finally be the point where USDJPY could possible break out very bullish. especially judging by the news on friday and monday which is relevant for USD

SimonHG

not entering trade if it doesnt go as i plan if the trend breaks the yellow trendline i will wait till it reaches the white resistance-line with the pink rectangle before taking further action on this pair

SimonHG

forecast

SimonHG

not entering trade if it does not go as planned

SimonHG

if trend breaks the yellow trendline and S/L i will look for a short opportunity.

SimonHG

the price is starting to reach an interesting point in the trend. if the trend crosses the yellow trendline/resistance and reaches 0.875xx i will look for an opportunity short. if the trend doesn't manage to break the trendline to 0,875xx and goes back up, then i will look for an opportunity long

SimonHG

seems very likely that it would turn around to a down-trend. i would personally like to wait for the EMA200 and EMA50 to cross as an additional confirm in the downtrend.

SimonHG

price is currently at a point where it could turn out as an interesting long posistion. if it doesn't break the resistance zone i wil be looking for a chance to short

SimonHG Updated 

i can draw lines to an analysis i made last week about this pair which played out very well. this could be another chance to get an oppertunity to ride the wave with low risk

SimonHG

EMA50 and EMA200 has recently confirmed a new possible big change in the trend from bearish to bullish. this could potentially play out as a big long position

SimonHG

was casually analysing this chart untill i realized it looked quite a lot like an arrow pointing upwards. with the EMA50 and EMA200 confirming an up trend with the lately "Golden cross" this could turn out to be quite an interesting trade if it continues to be bullish. i might possibly enter this trade myself but with low risk and high reward ratio. feel free to...

SimonHG Updated 

wait for priceaction to show it's path and be patient to enter the trade. if priceaction won't show enough evidence of a down trend, don't enter. look for priceaction on the 1h chart. the EMA200 and EMA50 are slowly entering "the golden cross" which is a strong indicator for showing a big possibly change in the trend. the trend is currently at a "fighting/...