GBPUSD - Looking for a valid buy signal at support

FX:GBPUSD   British Pound / U.S. Dollar
242 2 5
My last idea proved to be wrong: Daily Kijun Sen did not stop sellers, and there was no valid Heikin Ashi buy signal at that possible support. Will the Weekly Kijun + Daily Kumo together act as stronger support this time?

- Ichimoku setup is neutral/bearish, Price trades below Kumo, with future Kumo overshade. Price just reached Tenkan and Kijun (both are at same level this time), which together should act as stronger supp/res. If GBPUSD             holds above 1,5190, the pull back may come to its end and finally we'll see a new bullish wave with possibly 1,59 tgt             .
- Heikin Ashi signal is still bearish (the week is not yet over). Watch if haDelta/SMA3 comes back above zero line.

- Ichimoku setup is neutra/bullish. price reached future Senkou B level (which means trades at 52 days equilibrium). Tenkan/Kijun is in weak bearish cross above price, which means 1,5450 will be some resistance even if price starts to move up.
- Will it start to move up at all? Watch Heikin Ashi signal, and you'll get the answer in time!
Today (so far, as day is not yet over) Heikin Ashi candle had a higher low compared to yesterday candle's, and a smaller body as well (however the body is not completely within the prev. candle's body). haDelta/SMA3 drifts higher very slowly. All together the quantification shows that bearish momentum started to decrease today at the possible support.

It may be a good buy opportunity soon, but we need to see some more confirming signals before we enter with full units. Until then maybe accumulate only small longs.

p.s.: If you check one lower (4H) time frame, there you see Kijun Sen at 1,5300, and future Kumo top (Senkou B) ard             1,5450. This means Bears will start to cover their shorts above 1,5300 but they will fight back on Bulls ard             1,54-1,5450. Also short term bullish players may cut back positions and take profit ard             1,5400+.

Harmonics supports the upside , and from the fundamental view Brent bounced from the lows
Yes. The yesterday Low @ 1.5170 was a Divergence bottom.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out