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DislikedGBPAUD Weekly confl. MA 50 , fib 76.4 for short ? -consider today monthly candle close {image} possible level for quick scalp long ?? , level confl with gap (just my data feed) from Feb. and MA 50 {image} H1 , 31.05 {image} HptIgnored
DislikedGBP/JPY Day Chart - Gotta watch those higher time frames. H & S out of the bottom.....confirm this is similar to your cup formation Quinton?.... GL right at the neck line. I was trading the long out of this morning, this has been a great pair over the last couple of weeks, some great levels and classic patterns to trade from on the 5/30min chart. Pullback ate into my profit.....154.00 was too greedy! The GL's on this along with classic consolidation patterns almost makes it too easy to read the next move. Highlighted area and arrow on the 30min...Ignored
Disliked{quote} GBPUSD: with the current long squeeze structure it looks very bullish for me, what do you think, Quinton and guys? The current area around 1.4600 looks as a good defined GL candidate for me and it looks respected. Plus it's Fib-50 from last leg up and Murrey 7/8 level. I see a possible first target at 1.48 and then we may see 1.4875-1.4900 (Fib-162 extension) and super round 1.5 level at Fib-200 extension? {image} {image}Ignored
Disliked{quote} It will be interesting. I will not go bullish any GBP now with the latest news ( Brexit poll ).Ignored
DislikedGBPUSD For me it looks like this pair is seeing some support at the 61.8 Fib level, it is where the previous support was found. Even though I think, a much stronger golden level is around 1.43972 level, this might still be a BUY, depending on what the next 4h candle is doing. Just my thoughts. {image}Ignored
Disliked{quote} This is a brexit fade. Also both 200 MAs on the H4 are in play as confluence. Again, this is a short-term trading environment: Lower position size, move SL to BE rather quickly, lock in profit. Although I usually don't trade based on PA, I would wait for price to push back up to the higher golden level before considering a long. {image}Ignored
Disliked{quote} Hey E thanks for comment, seems that everyone looks bearish on Brexit, I try to trade what I see. - Shorting from higher level - Just my view HPTIgnored
Disliked{quote} Very well done I too became very fundamental bearish from the poll published today. Anyway price do not go in an vertical line and there is pullbacks and most likely some bigger ones from golden levels giving space to lock in BE. And we trade technical here . So it is why I say it will be interesting .Ignored
Disliked{quote} This is a brexit fade. Also both 200 MAs on the H4 are in play as confluence. Again, this is a short-term trading environment: Lower position size, move SL to BE rather quickly, lock in profit. Although I usually don't trade based on PA, I would wait for price to push back up to the higher golden level before considering a long. {image}Ignored
Disliked{quote} The spike and drift is playing out. Price turned at a golden level set deeper in that May 10th-12th range. Taking a loss on the first entry and re-entering at the better priced level would still yield profit but it's harder work than usual. {image}Ignored
DislikedGBPUSD For me it looks like this pair is seeing some support at the 61.8 Fib level, it is where the previous support was found. Even though I think, a much stronger golden level is around 1.43972 level, this might still be a BUY, depending on what the next 4h candle is doing. Just my thoughts. {image}Ignored
DislikedGBPUSD For me it looks like this pair is seeing some support at the 61.8 Fib level, it is where the previous support was found. Even though I think, a much stronger golden level is around 1.43972 level, this might still be a BUY, depending on what the next 4h candle is doing. Just my thoughts. {image}Ignored
Disliked{quote} {quote} I see the current area as a possible reverse zone too. It bounced not from Fib-61.8 and both H4 MA 200 at 1.4485 (still it looks like these are respected) but from daily EMA 50, H4 TL and Murrey 5/8 at 1.4465. I wouldn't go long until I see it's hold above 1.4515-25 area. {image}Ignored