Prices are consolidating in an ascending triangle . We see the potential for a dip from our sell entry at 1.97710 in line 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take Profit at 1.9696 in line with 38.2% Fibonacci retracement . RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other...
Prices are consolidating in an ascending triangle. We see the potential for a dip from our sell entry at 1.97710 in line 78.6% Fibonacci extension and 127.2% Fibonacci extension towards our Take Profit at 1.9696 in line with 38.2% Fibonacci retracement. RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other...
Short as per entry shown for tgt 28 pips ....RRR 0.5:1
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Trade looks ready for the sell. Take small risk. Good risk to reward.
Prices are abiding to an ascending trendline. We see the potential for a small pullback from our sell entry 1.96007 in line with 78.6% and Fibonacci towards our Take Profit at 1.94324 in line with 78.6% Fibonacci extension. RSI is at a level where selloffs previously occured. Any opinions, news, research, analyses, prices, other information, or links to...
H2 time frame. Structure: The current uptrend and price are showing divergence at the 1.97000 resistance zone. Here, a head and shoulders reversal pattern can form. Wait for the reversal candle signal at the right shoulder to appear, then you can find selling opportunities. The profit target is the price zone 1.93000 and...
Looking for sells in this one. Good risk to reward. Take care and risk small.
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURGBP has extended its uptrend towards the level of 0.856 which is a key level. The move to this level has lasted just under a month after EUR pairs suffered in November. It's very likely that the Uk may impose new restrictions in the coming weeks which will negatively impact the pound. If this is the case a drop in price is very likely.
FX:GBPNZD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello Traders, Here we have a GBPNZD long trade idea. If you like this idea please show your support! If you need any help trading or learning how to trade don't hesitate to drop me a message! Wondering why CAD and OIL have such a similar reactions? Check out my post on correlation below Please trade with caution and make sure you set your stop losses!...
Looking at the daily time frame. Price is following the descending trend line. Im looking for price to retrace back to the TL for a 3rd touch which lines up with the 61.8% fib and psych level of 1.94. Before I look for that short im also looking for a long upto the TL, looking for an entry at 1.91.
GBPNZD has formed a head and shoulders pattern prior to the GBP Retail Sales data today, and we are looking for continued downside on the pair. The 1H RSI remains at bearish levels, and price has recently rejected the left shoulder resistance. We are looking for downside towards the recent lows at the 1.8900 figure.
Price pulled back into our area of interest, and bounced out of the resistance zone. Price is now at a support level, however we are looking for downside to continue. On The 1H chart we can see price has formed a head and shoulder pattern, and we are looking for the neckline to break.
Still bearish on this pair so looking to take this swing to previous low. while its going down I will be taking partials
Currently we have a reversal patter down near the trend support . looking to see if this will bounce up and continue in this downwards ranger