The pound dollar has reached a favorable position for selling towards the desired target. Please be aware of maintaining a suitable risk-to-reward ratio and do not forget to set a stop-loss.
Hello FOllowers and traders. This idea base on my understanding charts only. With proper stoploss you can trade base on your own decissions If this idea has a value to you give a like or comment it. This signal are for reference only This is not a financial advice. Use stoploss as marked in charts for better trading. Goodluck and happy trading
Based on the M15 and H1 price structure, I have a Short Setup as follows: Stoploss is described on the chart Entry: 181.7 -181.8 Target 180 -> 180.5 This is a short wave setup, so the Stoploss is absolute. long-term with High timeframe (H4, D1), I will consider having a long possition if the price reaches to TP2
An advantageous position can be seen on the chart. By observing capital management, you can consider the specified range as an exit point.
GBPUSD SELL Entry Point :- 1.28519 Stop Lose :- 1.29148 Target 1 :- 1.27890 Target 2 :- 1.27260 Target 3 :- 1.26630 Target 4 :- 1.26000
hello guys.it’s a short scalping setup in 1hr.as you see the bearish candle closed under the last low and changed the direction of trend so in smaller time frame we wait for reason to open our short position. “”your follows and boosts encourage me to publish more analysis””
hello everyone.as you see in 4hr a bearish candle closed under the last low and changed the trend direction.so in smaller time frame we wait for reason to open short position in the supply area. .dont forget to trail your stoploss.good luck “”your follows and boosts encourage me to publish more analysis””
Could reverse any day this week. MRN for the pound tomorrow. Would be good to see what it does. Structure break M15 has yet to happen but intermediate LTF structure has. In the HTF's GU still very bullish. This is a short term sell setup If price goes beyond and stays above 1.2850, this setup becomes invalid.
Fake out on GBPAUD on the 4h HH. made a box on the fake out candle. Orderblocks in the box. wait for it to go up then sell to fibo 0.618. stoploss above breakout box. nice 1 to 3 or 1 to 7 RR
🔘Broke the structure on the 4H timeframe 🔘Broke the structure on the 1H timeframe (confirmation) If we break the red level on the 1H timeframe, we we'll go a little higher before drop, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the EURGBP pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
I am selling GBPUSD because I am expecting small CPI numbers. Will write detail post on GBPUSD soon.
in the 15m timeframe we have a dynamic down trend line and a flip level break in past.we can sell this area resistance 1.27700 & 1.27790 to take profit 1.27000
GBPUSD created a bearish butterfly pattern on 1.42; Now expected a short to 1.261xx
GBPUSD created rising wages with a clear hidden bearish divergence on the weekly time frame. And its Monthly 0.618fibonacchi golden ratio zone; a big short antoicipated. 1st TP 1.241xx 2nd TP 1.222x
GBPUSD create a triple top pattern And anticipated short from 1.265xx to 1.237xx to 1.164xx in the long run.
GBPUSD broke out 1.2540 resistant and forming a Divergent using AO indicator, price higher-high and AO lower-low. Trading 4H trend line target short at 1.2580 and take profit 1.2530.
I am bearish because the overall daily trend is a downtrend. Meaning this is a pullback and the overall trend is catching up to the global trend... We have failed to break through this key support level 3 times and we are going for a retest. I am looking for a sell position around 1.26250. I have listed out my first and final TP zones. Let me know what you think !...