Still holding from yesterday .
Today there was some talk from America about rate cuts etc etc but still the technicals just play out perfect.
Missed opportunity on shorting eurusd and even adding positions to cable and Aussie. Amazes me sometimes how technicals are so accurate. .
Still short Aussie and cable from yesterday In the picture, adding to profits taken on eurusd and eurgbp this week to make another £1500 + week. 😬😬 I can't lie I do love this shit! 😂
0 318 minutes ago
Update from last weeks trade. From posting by before analysis the pair declined to my target zone for a profit of +200 PIPS. I have taken profit as the pair reached the neckline of the head and shoulders patters. As expected we are having a retrace where j expect price to retest the broken trend line and possible monthly resistance area of 0.7800 before a further decline.
Long on Euro pairs Eur/gbp and Eur/usd
Eur/gbp- The pair dropped below recent range (blue box area) and also broke trend line which would have manipulated many people into entering a short trade. This shows why Having patience is a must.
Price hit and reacted of mid range support to then turn bullish and trade back above the trend line
Daily trend line has been broken so looking at reaching the outer trend line and the higher mid range / top of range levels. +90 pips on this pair currently.
Also back to levels on this pair that we were at pre FED Interest rates meeting, as well as Eur/usd and Gbp/usd .
0 438 minutes ago
Watching this pair as a possibility to the upside. Pair had broken out of the 4h channel and currently retesting the channel as support. On a continuation and bullish momentum we could see this pair back to the top of the range and beyond.
First time analysis on new software so getting used to it.
#elitetradingpro después de una semana de alta volatilidad los rendimientos continúan, se reformula, se ajusta, se avanza... En Forex hay fracasos y éxitos, enfocarte en los éxitos aunque parezcan a veces pocos... La persistencia y disciplina terminará venciendo la apatía y la desidia... #forexlove#forex#bitcoin#eurusd#gbpjpy#eurgbp#eurjpy
One of the possible wave counts as current triangle formation in place of Wave (iv). What do you think? 🤔 I will wait final triangle formation as confirmation for rally in 2019👇
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7 13011:16 AM Dec 22, 2018
EUR GBP Long Opportunity on 1H. 4H Bullish engulfing/Morning Star.
Low risk with a nice 50 pip gain as an intra-day setup. Long term 0.89000 ☝🏼
First we need to break 0.87000 and close above.
Charting by @earnwithwern. 1:2 Risk to Reward for intra-day and 1:10 as a swing.