|GBP/USD 4H Bearish butterfly pattern @ 1.34545|
|Mon, 18 Mar 2019 20:58:32 -0500|
Pair is currently approaching a major structure level that has worked as good support and resistance level number of times in the past. Bearish butterfly that is potentially forming now, completes right at that level providing a nice shorting opportunity. RSI shuld be overbought at completion of the pattern to confirm sell signal. ATR based stops above the 1.618 fib extension of XA leg. I remind you that it's just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :) Trade your plan and good luck in the markets!
|A bearish bias on GBP/USD|
|Mon, 18 Mar 2019 17:51:01 -0500|
We need to wait the price to come close to the trendline. If we break the trendline, we might look into short opportunities.
|GBPUSD SELL 4H|
|Mon, 18 Mar 2019 17:19:39 -0500|
GBPUSD SELL 4H
|Mon, 18 Mar 2019 16:14:00 -0500|
|Mon, 18 Mar 2019 15:53:57 -0500|
|GBPUSD Intraday Forecast|
|Mon, 18 Mar 2019 15:48:23 -0500|
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.318. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.3275. TP4: R2=1.33. Set the stoploss of these orders at breakout of S2=1.315. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.315. In this situation, there is an expectation to reach the target S3=1.3035. Set the stoploss of reverse orders at breakout of S1=1.318. If you would like to trade in the next 24 hours, the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
|GBPUSD Strong "semi-long term" Signal.|
|Mon, 18 Mar 2019 11:51:30 -0500|
GBPUSD Strong "semi-long term" Signal. - MN1 strong "pin engulf bullish bar". - W1 "anchor candle" broken + last week close above anchor's range. + W1 "RSI(21)" historical data shows 99% reaction after divergences. (retracements or even reversals) Above 1.3220 : - Only buy based on daytrading or fast swingtrading Target 1.3615
|GBPUSD short update|
|Mon, 18 Mar 2019 10:42:16 -0500|
Seems we have 3rd wave now. You can see it because the wave are strong and impulsive. Also, 2nd wave (blue) was completed nearby 0.618 fibo level. And 1st wave is in form of leading diagonal. So, be patient guys and keep it. Moreover, stop loss on breakeven please :) Thank You!
|Bearish Butterfly H4|
|Mon, 18 Mar 2019 10:40:45 -0500|
Open - 1.32517 TP1 - 1.31104 TP2 - 1.29610 TP3 - 1.27754 SL - 1.34496 Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors.
|Mon, 18 Mar 2019 10:40:36 -0500|
Breakdown on this pair with targets at retest of structure
|GBP/USD Short - on it's way to 1.3080|
|Mon, 18 Mar 2019 10:19:22 -0500|
Dear Traders all around the world! I'm anticipating a GBP/USD Short here after taking out our previous swing-high. Switching to the 12h chart we have two equal highs sitting at 1.3302, which indicates us that liquidity is still laying above that clean 1.33 resistance. Setting up a Stop-Loss above a swinger at 1.33352 from the 14th of March. As a target I'd make use of 1.3080. Swing-Fib 0.88 + Overall OTE + EQ of bullish OB + 200-EMA perfectly align.
|SHORT TOWARDS 1.32 ZONE OR LOWER|
|Mon, 18 Mar 2019 09:54:01 -0500|
Hello... we are expecting price to break ascending channel and drop further this week , trailing stop loss will be descending TL on top ..