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Britishpound

GBPUSD | Possible Breakout of an Ascending TrianglePlease support this idea with LIKE if you find it useful. Price is testing the Resistance of the Ascending Triangle. In case we have a confirmed breakout then pattern will be confirmed, also it will be a breakout of the Ichi Cloud resistance. So we can initiate a long position in this case Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Long
by Anpu
7
GBPUSD | Bearish FlagPlease support this idea with LIKE if you find it useful. Price was rejected of the Ichi Cloud resistance zone and formed the Bearish Flag. As the mid line of the pattern is broken we can go to the lower boundary. In case there is a confirmed breakout of the Flag the pattern will be confirmed and we can initiate a short position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
8
GBPUSD | Descending Channel Reformed Please support this idea with LIKE if you find it useful. Price produced a leg down and we got the new low for Descending Channel. So currently price is sitting on the lower boundary of the Descending Channel, in case we have a confirmed breakout of the lower boundary we can initiate a short position. If there is a retracement to upward we can initiate a short position in case we have a confirmed rejection of either the Mid line of the Descending Channel or of the higher boundary of the one Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
15
GBPUSD | Possible Retracement Please support this idea with LIKE if you find it useful. Price is declining in a descending channel. Currently we have price retraced of the Mid line and goint to test the Ichi Cloud resistance zone + Resistance of the Descending channel. In case we have a confirmed rejection we can initiate a short position If price crosses the Mid line to downward we can also initiate a short position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
17
GBPAUD | Double Top + RetracementPlease support this idea with LIKE if you find it useful. On monthly chart we have price formed the Double Top pattern + retraced of the resistance trendline of the Symmetrical Triangle. We can initiate a short position with Stop-loss inside of the Resistance zone Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
3
GBPUSD; Bearish on the British Pound Against the US Dollar1. We have gotten a short signal on GBPUSD from our Silver Scalper strategy on the daily timeframe as our Range MA shows a downtrend (background Red) and our Bull/Bear has given a short signal. 2. If the market opens in the R1 range then you can consider entering short and remaining short until we get a Bull signal from Bull/Bear or Range MA shows an uptrend (background Green). 3. Levels to watch to the upside are the ranges at R1 - R3. 4. If the downtrend is still valid, we can add to our short position on additional Bear signals. 5. Levels to watch for reactions to the downside are S1 and S2 where we would hope to see a bull signal to exit short. --- NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation. --- STRATEGY USED: Silver Scalper Trend Confirmation = Range MA Entry Signal = Bull/Bear Power Exit Signal = Bull/Bear Power OR Range MA
by AlphaBotSystem
GBPUSD | High Chance on New Leg DownPlease support this idea with LIKE if you find it useful. At weekly chart the market closed with price rejected of the 50 MA + Local Resistance Trendline + Ichi Cloud resistance zone. There is a high chance on to have a new leg down when market opens. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
5
EUR/GBP Going into the WeekendHi everyone, just before the weekend is starting I want to give you this technical analysis so you understand what the most important things are you'd want to be looking out for. This is especially interesting for when the markets open again on Monday. We see two very interesting areas. First of all let's zoom in on the support zone around 0.869. We haven't seen these levels in around 40 days. If the price breaks below this support zone, we can see a confirmation of the downtrend and I will expect much lower prices going forward. The second interesting area is thigh highly traded area of around 0.877. We see that the downtrend came to a temporary halt here and that for about 4 days it didn't make any decision about the direction. When the price finally broke through it showed a very negative continuation. We are now in the second area where the price volume is high and a decision will need to be made. If the price opens north of 0.873 I will be very bullish for the coming week on EUR/GBP Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
by Trading-Guru
3