GBPUSD BUY: 1.35700 TP: 1.36800 SL: 1.35150 Buying Cable on the break out of the channel on the 4H chart, supported by general fundamental strength for pound sterling. Being careful on the downside and keeping our SL quite tight on this one, it could be a false breakout down, so not too tight.
My tradeview on GBPUSD TODAY, please apply proper risk management when taking any trade. Thank you
We Have Tow Plan For CABLE. The First Due To The Bearish Trend in Daily Time Frame And Made Higher Low In January and Reacted That, Probably Price Move Up Again To Test 1.3700 And 1.3750 Again. The Second Plan For Short Term Analysis Price Clearly In Up Trend And Now In Correction Phase, I Am Waiting For React The Price to H4 Zone An Long That To 1.3700 Level.
Looking over the daily on EURUSD, I noticed that it appears the ICT concept of the market maker buy sell model has been completed, This is something I need to revisit so that I can utilise better in my analysis however, From what I remember it would appear that all stages have been completed, Including the final "break of structure initial consolidation" stage....
GBPJPY – SPOT GBPJPY: Inside Bar Breakout 4-2-2022 Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter). The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you...
GBPUSD - Short Broken M which has now created a LL along with the run down taking out the previous LH giving us more logic for a downside run.
GBP - Where to next? Looks very interesting on a higher time frame, we could decline further , IF we go below 50 EMA daily close below I expect 1.34200 & lower areas to come into action. If we have a pull back more above than 21 EMA area, I expect bulls to get back in control and re-test the areas of 1.36 higher areas near 200 EMA anywhere above that the TL down...
Great British Pounds is now pulling back after the initial bullish run to 1.37488. Will the support holds at 1.35000 or further decline to 1.32400 is anticipated? N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPUSD is trading to the downside today after price has broken the ascending and corrective support trendlines. The UK parliament is in the process of outing PM Boris Johnson, giving the GBP some weakness, and Ukraine tensions are also boosting the USD higher. We're looking for a significant drop on the forex pair.
GBPUSD has been in an uptrend so far in January after the continuation of the weakening Dollar. Our in-house short-term bias is now short as Cable has been unable to pass the recent high of 1.36426. Cable has also been setting lower lows, which in conjunction with the overbought levels on the RSI indicator, adds to our short bias. If GBPUSD is unable to surpass...
Currently price is in a bearish trend and is making LL and LHs. We have just stepped out of this trend by not creating a new LL. however NY and LDN sentiment has been bearish the past few sessions at these levels we are pushing up into now so I'm looking to try and get an entry at the 78.6% retracement and then for the NY session to have a bearish sentiment...
Continuation of Daily Descending channel Restest of previous resistance Await economic data (better then expected US) Look for short set ups
i seen a rejection area from this price my target is low sl high reward on this point. next to see what will heppend
Expecting GBPUSD to climb back up to the current year high around the 1.37500 level after the past week's retracement. I am mindful of the current situation with UK politics and the potential volatility to the pound, however technically price looks good for a continuation of the December uptrend. Let's see how this plays out over the the next couple of days.
Wait for a Bullish close here on hourly chart or for more accuracy wait for break of this zone we are in right now. We shall most probably get a chance to enter long or short on retest of this zone. As of Now it looks like GBP/USD has lacking volumes below this level. It might just go bullish from here. I am talking about intraday sentiment only.
Hello traders! Today we will talk about Cable (GBPUSD) in which we see quite clear bullish development from Elliott Wave perspective. As you can see, Cable made only a three-wave A-B-C decline since June 2021 highs, nicely connected within channel range and with equality measurement of waves A=C. It clearly indicates for a higher degree wave IV correction,...
GBP/USD is heading towards first support level nearby. From there it can bounce higher or may penetrate through to retest the broken support and continue lower. I my self took the short trade which it did not get time to post for you guys. Now we can probably trade at next support level.
When this cup is finally finished playing out. The target for Viacom should be between $45-$47. Not sure where the handle comes in yet and I don't want to make any assumptions so we will wait on that. This is looking healthy despite the current market conditions in my opinion because with life being so hectic and the limit to outdoor activities... television may...