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Gbpsgdshort

GBPUSD - Adam and Eve"Adam and Eve" is a secondary reverse pattern which may have different representation. In the ideal version it resembles a double top with the particularity that the second maximum is rounded, smoother, slightly decided. Another important difference with the double top is given by the asymmetry in time between the two maximums, the Eve phase can last longer than the Adam phase, a symptom of indecision and resistance to change in the market. Volume is high during the first maximum (Adam) and fall during Eve. Then, volume increases again during the breakout of the support level. The distance between Eve and the support level is denoted by (H1) and it identifies the first target (T1). Again for this pattern, which is considered even more rare, the volume fall during Eve and then grow up after the resistance breakout l.
Long
by Yuriy_Bishko
10
ANALYSIS OF GBPSGD 2.12.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.7710 • Take Profit Level: 1.7850 (140 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.7535 • Take Profit Level: 1.7485 (50 pips) USDJPY A possible long position at the breakout of the level 109.70 GOLD A possible short position in the breakdown of the level 1452.00 USDCHF A possible long position at the breakout of the level 1.0010 EURUSD A possible long position at the breakout of the level 1.1030 WHY TRADE WITH PAXFOREX? We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on... Top Effective Educational Tools For All Types Of Traders The Reliability in all assets in the market Live Multi-language Online Support 24/5
by PaxForex
Analysis on GBPSGD 6.09.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.7085 • Take Profit Level: 1.7200 (115 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.7000 • Take Profit Level: 1.6950 (50 pips) USDJPY A possible long position at the breakout of the level 107.25 EURUSD A possible long position at the breakout of the level 1.1050 USDCHF A possible long position at the breakout of the level 0.9880 GBPUSD A possible long position at the breakout of the level 1.2355
by PaxForex