#1.3100

SELL USD/CAD 1.3137 TP1 1.3100 TP2 1.3075 STOPLOSS 1.3170

The post SELL USD/CAD 1.3137 TP1 1.3100 TP2 1.3075 STOPLOSS 1.3170 appeared first on CTCFM.

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New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/a0oxDw

Commerce Concept Replace: GBP/USD - Purchase at 1.3100

Candlesticks and Ichimoku Intraday | Written by Action Forex | Aug 23 16 13:51 GMT GBP/USD – 1.3188

Original strategy :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling’s upside, risk from there is seen for a retreat later.

In view of this, we are looking to buy cable on pullback as the upper Kumo (now at 1.3104) should limit downside. Below the lower Kumo (now at 1.3076) would abort and signal top is formed, risk weakness to 1.3040 but break of said Friday’s low at 1.3023 is needed to provide confirmation.

About the Author

Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 – 0700; 2nd Update: 0930 – 1000; 3rd Update: 1230 – 1300; 4th Update: 1500 – 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 – 0830; EUR/GBP, USD/CAD: 1430 – 1500 GMT

New Post has been published on http://u.to/ViEvDw

Commerce Concept : GBP/USD - Purchase at 1.3100

GBP/USD – 1.3169

Most recent candlesticks pattern   : N/A

Trend                                 : Near term up

Tenkan-Sen level                 : 1.3106

Kijun-Sen level                    : 1.3075

Ichimoku cloud top              : 1.3011

Ichimoku cloud bottom        : 1.2969

Original strategy :

Buy at 1.2945, Target: 1.3045, Stop: 1.2910

Position : –

Target :  –

Stop : –

New strategy  :

Buy at 1.3100, Target: 1.3200, Stop: 1.3065

Position : –

Target :  –

Stop : –

As cable has rallied shortly after the release of much better-than-expected UK retail sales data, suggesting recent decline from 1.3372 has ended at 1.2866, hence near term bullishness remains for the rise from 1.2866 to extend further to 1.3175-79 (previous resistance and 61.8% Fibonacci retracement of 1.3372-1.2866), then 1.3200 but reckon upside would be limited to 1.3240-50 due to overbought condition and previous support at 1.3281 should remain intact.

In view of this, we are looking to buy cable again on pullback 1.3100 should limit downside. Only break of previous resistance at 1.3071 (now support) would abort and signal an intra-day top is formed, bring weakness to 1.3040-45 and possibly towards 1.3000.