Here price has moved to the psychological level and now want make another move so we be expecting going for LONG and targeted profits should be around TP2, TP3, TP4
we have the probable upward trend that we continue up
GBPUSD remains a Buy intraday trend In the short term buy intraday in the 1.21600-1.21400 area sl: 1.21000 tp:1.22000-122300 The Hamas-Israel conflict and yields continue to pose a threat to the currency pair ahead of a series of key economic data from the UK and US this week. In the H4 framework, GBP/USD started to rise after testing his 1.2100 support, but the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Last week, i projected that price would be rejected as it approached the resistance and it did exactly that Now i can clearly see that price is approaching the trendline support and i will wait for price to either break the trendline of reverse back before i take a trade What's your bias?
GBPUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position. I am seeing GBPUSD might have short term pullback to 1.236-1.237 with target price 1.263 and stop loss at 1.226 After slow 2nd half of the week due to many holidays, we should expect...
i have setup my chart with a lovely confirmation of two strong trendlines going in only one direction! to me this is a strong bullish sign of a breakout to happen to hit the next daily high! i will be waiting for that possible retest for a confirmation signal for my entry on the 5M - 1HTF (less experience please use 1H)! please be risk assured as this is at a...
The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch. These changes could be overwhelming for a country that has known only one monarch for 70 years. Even more daunting is that these changes happened amid...
GBPUSD In a crucial area, but by analyzing several frames, I think it will move according to the picture 👆 Tomorrow we'll see which direction it goes ✅
GBPUSD as CLEAR as YOU can SEE BUDDY! "BREAKOUT" SO what ARE the RULES?? Lets KEEP IT SIMPLE...
Everything you need to know is right in the video except that you could place your stop loss right below the double bottom printed on the 15 min timeframe. The market just opened and sharks could come for tiny stop losses such as the one i placed in this video. Ps: this is just my opinion. I am not a financial adviser. Be responsible for your own trades. I hope...
As DXY makes its way down for temp correction I will enter a long for a quick gain. RR is 2
Hi Traders, Happy Monday. Today we are looking at a double bottom pattern that has been playing out on GBPUSD – 4-Hour TF. I have highlighted the yellow NECK ZONE that we were watching. We were waiting for the price to break up and close above the neck zone. We then wanted to see the price retrace back into the neck zone before entering into a long position. Our...
GBPUSD_H4 Head & Shoulder Breakout zone Retest Possible Bullish Reversal. Share your openion in comments, if you like my idea follow me. Thank You...
Hi traders Please check out our simple analysis of Gbp/Usd. Again this was on our watch list from a 4hr our perspective last week so I thought id share the daily perspective to give you the bigger picture. I do anticipate we could see the top of the channel but my exit will be at the 0.618 of the impulsive move. Do you agree with this set up? If you do...
FX:GBPUSD Am gonna breakeven at 1.38250 if possible.
Trend: Bullish Retail Sentiment: 76% Short LP Sentiment: 44% Long Hope you have all had a great trading weekend Moving into Tuesday my sentiment has not changed, but I would like to see better prices than where we are at the moment. If you are looking to short the market in the morning that could provide a good short term move. For all my followers I wanted...
Welcome to our weekly trade setup ( GBPUSD )! - 1 HOUR Strong break and pressure towards previous highs. 4 HOUR Pullback towards previous main sr level. DAILY Overall good long entries, nice price action.. - FOREX SWING BUY GBPUSD ENTRY LEVEL @ 1.29510 SL @ 1.28750 TP @ 1.30570 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...