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You are viewing the date archive for October2015.

GBPUSD Downtrend Entry – Possible

GBPUSD has showed a double top in H4, and the down trend has started in H4.

GBPUSD SELL Trade Signals
GBPUSD SELL Trade Signals

Currently, there is a correction in H1. But it might be not late for you.

GBPUSD SELL Trade Signals
GBPUSD SELL Trade Signals

However you can entry if it could broke price level 1.5264 (EP)  in H1 with stop loss around 1.5295 (SL). Then Hoping it down to 1.5150 (TP)

ONLY IF IT BROKE 1.5264, the DOWN Sell is valid.

Last update on this, I trade was not triggered. Always put a way for price wrong direction than what we thought it might be. The price is  moving up now, but none of my pending orders was triggered.

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EURGBP important Level

EURGBP reaches level 0.7484. In the weekly channel it is a 50% of Fibonacci Retrenchment. The price still can move into 2 directions. If the price could break this resistance, then it might go upward to 0.7600. Or it could reverse back to downtrend.

EURGBP Forex Trading Analysis
EURGBP Forex Trading Analysis

There is no entry yet, just watch.

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USDCAD TradeCall

A trade call from professional traders. It is the similar idea with myself.

USDCAD Forex Trade Signals
USDCAD Forex Trade Signals

 

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GBPCAD Forex Trade Signals

GBPCAD currently has downtrend strength, and it is confirmed by Fibonacci that it had broken 61%, and the upward reversal is not strong enough. Downtrend may Continue.

GBPCAD Forex Trade Signal
GBPCAD Forex Trade Signal

 

The GBPCAD Sell, confirmed by Trend Rider Signal.

GBPCAD Forex Signals
GBPCAD Forex Signals

Entry Pending Order At:

SELL STOP GBPCAD EP 1.9908 SL 1.9996 TP 1.9600

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