Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
As the price still in uptrend and have not yet breaking the support so eye will keep on going for LONG and then wait for the profits at the resistence level . So price is likely to keep moving up. So it expect to to buy when ever the price make a support at lower timeframe like 15mins
looking bullish trend in 4h timeframe beacuse breakout descending channel
GBPUSD is a popular Forex pair that covers 9.6% trading volume pair. GBPUSD has been moving in the falling wedge and soon seems to give a breakout. RSI is moving in the range of 30-50, showing the consolidation region. By looking at the chart structure, it gives a breakout soon. Reason : Trading at strong support Zone. Has been in falling wedge...
just waiting for two more confluence to confirm bearish trend
Price has made significant Low at 20th august,2021. Extreme low has given us beautiful Impulsive structures. Wave ((1)) Wave Nature: Motive wave Type of motive wave: Impulse (Five waves) Wave ((2)) Wave Nature: Corrective waves Type of corrective pattern: Irregular or Expanded flat. Retracement of wave ((2)) : 50% of wave ((1)). Wave ((3)) Wave...
FX:GBPUSD watch the impulse sign of bullish if it appear, our next target will be on 1.398
Looking first at the weekly chart, GU is most likely setting up to form a Head & shoulders pattern (also on the daily). Scaling down to the H4, price has been in an impulse phase (thus forming the weekly''s right shoulder). Price is currently in a correction phase (bullish flag). Therefore, I am expecting another impulse to the upside, which will be followed by a...
Using daily trend and 4 hour structure we entered a long trade on gbpusd. With proper Risk management.