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1 April (GBP/USD) Bearish

ForexSpeaker Posted 1 Apr.  in #Trader's blog #Gbpusd #Long Term #Ichimoku #Confirmation
Good Morning Dukatraders
i would like to share with you all the chart in 30M on GBPUSD ,as we see it s a confirmation on pound to have more bearish on long term
have a nice day and more profit ,,,
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Forex: USD/CAD, short term analysis

dirzu_a Posted 5 Dec. as Analysis on USD/CAD, Target: 1.1669, Date: 2nd of February, 12:00 GMT  in #Technical analysis #Short Term #USD/CAD #Prediction #Confirmation #Pivot Level
This currency pair looks like is gone to rise even higher, current level is 1.1436x, as much as 1.1669, which represents the 127.2 Fibonacci retracement measured on the upside move of 1.07166 - 1.14653, for two reasons, as follows:
1. The price is situated in the upside bias, by positioning itself over the 1.1209 pivot level (red horizontal line).
2. The price confirmed it's presence in the upside bias, by closing over the confirmation range of 1.1209 - 1.1404 (magenta rectangle)
Money managemen…
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Forex: USD/CHF, short term analysis

dirzu_a Posted 2 Dec. as Analysis on USD/CHF, Target: 0.9955, Date: 2nd of February, 12:00 GMT  in #Technical analysis #Short Term #Support #Resistance #USD/CHF #Confirmation #Pivot
Even it's movements seemed to be chaotic, this currency pair is keen to go as much as 0.9955 (127.2 of the Fibonacci extension measured on the upside move 0.96875 - 0.87011) for two reasons, as follows:
1. It's situated in the upside bias, because the price remained over the 0.9395 pivot level.
2. Broke the superior side of the confirmation range of 0.9395 - 0.9599
Money management:
S/L will be placed on the nearest pivot level - on the 0.9395 level.
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EURgbp confirms the strategy

Lordy_zita Posted 15 Sep.  in #Strategy #Confirmation
Hi Traders,
I have just received the confirmation of my very profitable strategy with this new profitable trade on eurgbp.
Total return : 7.9 pips
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Pound - Swiss franc building weekly double bottom

scramble Posted 22 Aug. as Analysis on GBP/CHF, Target: 1.4650, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trend #Double Bottom #Breakout #Consolidation #GBP/CHF #Confirmation
The instrument is clearly attempting a bottom in 1.40 area but still shows problems when approaching a long term downtrend coming from 1.54. Watching to the weekly timeframe we see how this is actually developing: in Daily timeframe we see the strength on recent bounce near 1.40 causing a steep move up to 1.45 in few days At this point, I need to recognize a possible low area where market will eventually reload demand. This is usually called by traders 'consolidation'. Watching an 8ho…
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5 Comments
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scramble 14 Sep.

the double bottom was confermed immeditaly the first week of september when price went straight into 1.46 area. In recent sessions there was some weakness and the move "stopped a bit" but the bullish scenario is still strong. I expected a slower approach at the beginning of september, followed by a strong rise, so now what could validate my prediction is price not rising straight higher near 1.50 which is next main resistance. I'm also following price to find a good entry long eventually into 1.45 area.

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scramble 26 Sep.

Weakness came in the instrument, moving down till middle 1.45 area as expected in last comment! Overall price setup shows an attempt to build this midlle area as short-medium term support. This consolidation could keep on till the end of the week where eventually we'll see a range trend between 1.4470 and 1.4730. A strong breakout of these levels, will cause an extended move of at least 0.5%-0.8% in price. Speaking about my target, it's actually very probable since i don't expect this week to close >1.4740 or <1.4460

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scramble 30 Sep.

Last trading day before contest expiry, and price very closed to my target. The strong rise at beginning of september suprised me a bit, but overall price respected main levels expected but most of all i do appreciate how the 1.46 area is actually attracting market showing an overall kind of balance in supply/demand.

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scramble 30 Sep.

Today monthly candle is closing and this instrument actually shows an important rise following AUgust's one. During October, there will eventually be some attempts to reach lower support area near september open, and also to reach/breake September highs into 1.48 area. Hopefully tomorrow price will keep staying near 1.4650.

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scramble 2 Oct.

I'm very happy for such a great result :) thank you!!!!

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