All right trader.
A brief recap on this pair. Gbpusd broke out yearly resistance and was in a range for a few weeks, resting above its Weekly poc. The market made higher high but divergent hitting a r4 pivot and sold off very steeply with low collective volume and big candles as this is a bullish signs showing bear strength with Wide candles .As on the monthly we have strong bullish divergent unlike any other pair outside of the exotic .. also lastly I’d point out how the retrace stop at the .6 which Is the same resistance area That was on top of this pair for so long That became support from also
I’d advised traders not to sell this pair until it pull back more Also buying it was the better option for experiences traders.
That’s the recap
Yet here we are as of now. We can see that whomever sold this pair after the sell got stop as the pair didn’t sell... only greed uneducated traders sold this pair. Price brought of 200 pip which is nice but being so close to the bears sell it’s still risky cuz we want to see a range first. But we didn’t get that or not yet or maybe overall it isn’t needed because the decision was already made. As the bullish divergence on the monthly worked it ways down. This make perfect sense in the context of price.
Yet I think what we have now going is best for most traders to watch. Yet this is what I’m looking for
But firstly let get this out the way. No matter what I’m not interested in selling this pair only buying . Why? Cus of the monthly divergent and as I said before and showing now selling this pair is driving into a brick wall and if u want to risk your money on that just cus price is low by all means you can cash app me family instead .Cuz ull lose my friend n why I say. Look below we see s4 and s5 pivots this is the max pivot support. Price didn’t retest any resistance to cause a break below a s4 or 5 supports let alone double test resistant and fail so why sell just cus price is low And drop or may drop a lil more bro? Don’t you know the make pray on greed This is retail thinking and not how they trade. Let it go!
Now currently we Have a 200 pip up north no range but price now is in a m formation. Let’s see how this plays out ..
if price breaks this structure And leaps on top thus knocking and hitting all those juicy retail sell orders then this is our buy signal.
My advice buy it n ride the wave upward to new heights and explore new places and meet new faces 😎. This is the only feasible way to trade gbpusd avoid selling in its current condition or your lose my friend then you can come back here n drop a like 😁 let the market rise before selling yet still we r just too close to this heavy fortified area. And to think price broke out of resistance after being under it for so long only to drop lower is very senseless.,
HOW TO TRADE LIKE THEM-
A brief recap on this pair. Gbpusd broke out yearly resistance and was in a range for a few weeks, resting above its Weekly poc. The market made higher high but divergent hitting a r4 pivot and sold off very steeply with low collective volume and big candles as this is a bullish signs showing bear strength with Wide candles .As on the monthly we have strong bullish divergent unlike any other pair outside of the exotic .. also lastly I’d point out how the retrace stop at the .6 which Is the same resistance area That was on top of this pair for so long That became support from also
I’d advised traders not to sell this pair until it pull back more Also buying it was the better option for experiences traders.
That’s the recap
Yet here we are as of now. We can see that whomever sold this pair after the sell got stop as the pair didn’t sell... only greed uneducated traders sold this pair. Price brought of 200 pip which is nice but being so close to the bears sell it’s still risky cuz we want to see a range first. But we didn’t get that or not yet or maybe overall it isn’t needed because the decision was already made. As the bullish divergence on the monthly worked it ways down. This make perfect sense in the context of price.
Yet I think what we have now going is best for most traders to watch. Yet this is what I’m looking for
But firstly let get this out the way. No matter what I’m not interested in selling this pair only buying . Why? Cus of the monthly divergent and as I said before and showing now selling this pair is driving into a brick wall and if u want to risk your money on that just cus price is low by all means you can cash app me family instead .Cuz ull lose my friend n why I say. Look below we see s4 and s5 pivots this is the max pivot support. Price didn’t retest any resistance to cause a break below a s4 or 5 supports let alone double test resistant and fail so why sell just cus price is low And drop or may drop a lil more bro? Don’t you know the make pray on greed This is retail thinking and not how they trade. Let it go!
Now currently we Have a 200 pip up north no range but price now is in a m formation. Let’s see how this plays out ..
if price breaks this structure And leaps on top thus knocking and hitting all those juicy retail sell orders then this is our buy signal.
My advice buy it n ride the wave upward to new heights and explore new places and meet new faces 😎. This is the only feasible way to trade gbpusd avoid selling in its current condition or your lose my friend then you can come back here n drop a like 😁 let the market rise before selling yet still we r just too close to this heavy fortified area. And to think price broke out of resistance after being under it for so long only to drop lower is very senseless.,
HOW TO TRADE LIKE THEM-