by Vivek_Samale | May 18, 2020 | EURGBP, Forex Trade Ideas
EURGBP is forming a descending triangle pattern after giving a good upside rally. Descending triangle pattern is a bearish pattern, it indicate that we may see a downside in EURGBP towards the support level indicated in the chart. Trade for the short side can be...
by Vivek_Samale | May 15, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in a descending triangle pattern. It is trading at the support level of the pattern. We might see a bounce back in GBPAUD price from the current level towards the resistance of the descending triangle pattern. Keep the stop loss just below the...
by Vivek_Samale | May 14, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading at the support level of the falling wedge pattern. We might see a bounce back from the current price level on the upside. One can initiate a trade at the current level for long , keeping the stop loss just below the support line of the falling...
by Vivek_Samale | May 14, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading at in falling wedge pattern. The current price of GBPUSD is trading at a very strong support level , which is the meeting point of the long term support line and falling wedge support line. We might see the price bouncing back from the current level....
by Vivek_Samale | May 14, 2020 | EURGBP, Forex Trade Ideas
EURGBP is trading in a rising wedge pattern. It has tested a long term resistance line but failed to give a breakout from the resistance line, so we think it might reverse from the current point towards the support, which will be the first downside target for EURGBP ....
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