Fxsignals
Selling pressure for cable as dollar catches bidGBPUSD H4
Monster rejection H4 candle forming at the moment, around 10 minutes until this H4 candle closes. To see this candle close red would be amazing.
Added another entry point short from 1.21, we traded this really well last week down from 1.22 region, these whole number on cable are playing out incredible, and have done for months.
EURGBP: Bearish Outlook For Today 🇪🇺🇬🇧
EURGBP has recently broken and closed below a solid demand area on a daily.
Retesting the broken structure, the price formed a double top and then broke its neckline
on an hourly time frame.
I expect a bearish continuation to 0.837 / 0.835
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FXSBTCFXS looks good and I think we can trust it and publicly we see a positive movement in the coming days
$US500 long planSP500 looking like it might set up for a good long plan
Break and hold above would be the trigger
Monitor DXY if taking this position and be careful of NFP
EURCHF - SHORTAscending channel formed on the daily was broken, price action has could not be contained so has broken support zone. Lower lows and lower highs are on the horizon. Be cautious as this pair could be quite volatile. Tight stops and let winners run!
Contact me for a copy of my Forex Route for Investors Book
Happy Charting!
TRADE OF THE WEEK | Trend-Following Trading in Action💰
Hey guys,
As you know, I was monitoring GBPCAD for quite a while to catch a bearish continuation after a retracement.
Spotting a major falling channel, I was patiently waiting for a test of its resistance to short from there.
My confirmation was a descending triangle formation on 4H time frame.
The position was opened on a retest of its broken neckline.
+290 pips of pure profit so far!
Did you catch this move?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GOLD : DAY TRADE VIEWHello everyone, this is the projection line drawn under the guidance of our Professor
FOR ACTIVE UPDATES FOLLOW THE LINK MENTIONED IN THE BIO
GOLD BUY RANGE 1820-1821
STOP LOSS 1816
TARGET 1824 - 1827
The momentum can change during any event or news which can drive it, so this level will get updated in the channel time to time so stay update in the channel for more recent trends analysis of Gold and it's trading move.
Wish you all a very Good day
Thanks
Team_Professor