Today I will be especially trading small and holding because its a tricky trading day. I've noticed a consistent pattern of tues to wen trading making a pivot on some pairs and changing direction. FOREXCOM:GBPSEK OANDA:XPTUSD FX:USDHKD OANDA:USDTHB TVC:VIX
GBP is the ultimate risk on currency so it could be foreshadowing the soft SPX scenario into summer
Hey guys its your girl forex potatoe with another daily Forex analysis for GBPSEK. I trade any pair as long as the price action is textbook great to trade. Here is my analysis for GBPSEK i have actually been following this pair for some time as well. I just noticed i like to take reversal trades anyway lets get to business. This is a textbook break and retest...
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
Simple 1:3 RR Trade with the market pushing to $14
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
looks like price is moving up. my alert went off and considered to execute a trade for potential big gains on weekly chart for longer term position.
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
GBPSEK Long Pitchfork and MACD with SR; targets set at fib 1.618 (also near TL reversal) and second target at historic SR
hey all and happy weekend next week am gonna lock to buy first to resistence level in 4h after for sure sell long tp=12.6400 short entry 12.6700 tp12.2320 goodluck all dont forget to leave your idea in comment plz
GBPSEK Target Price is 12.16020. Entry at Price Level 12.29032.
Hello Traders, I have went long on GBP/SEK purely based on price action. Looking at our daily chart we can see a bullish flag forming as well as some 4hr divergence for extra confluence. Also looking at our 4 hr timeframe we see price is broken the downtrend and I believe it's already setting up for a temporary reversal to the upside. And looking for double...
GBPSEK $GBPSEK Short Scalp. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Great short Fundamentals align and so do technicals
Bullish breakout : Entry price 12.44420 Take Profit 12.59933 Stop Loss 12.35326 Bearish breakout : Entry price 12.14642 Take Profit 11.98415 Stop Loss 12.23022