Technically GU create hidden bearish divergence and half an hour ago tested recent imbalance! So, i anticipated GU short form here
Overall trend is downtrend, and I am looking for a sell position. We should wait and see what will happen. There are 2 possibilities: 1. (Green line) Price increases the supply zone, then drops. Besides, supply and Fibo 78.6 are overlapped. 2. (Red color) Price increases and reaches the support zone, then drop. Supply zone in between Fib 61.8 & 78.6. (DO NOT...
w; bearish d; bearish 4h bearish for any short trade, I am looking for the price to go below the structure and the support zone breaking with an engulfing candle and staying below the emas then ill go down to the 1h for entry signals = below the ema's and a break with an engulfing candle
Here is my view for GBPAUD on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels...
From now GBP will be so strong and we can see long, ..............................................
GU gonna short, I anticipated such an idea of GBPUSD! Short from 1.389xx to 1.376xx!
Looking first at the weekly chart, GU is most likely setting up to form a Head & shoulders pattern (also on the daily). Scaling down to the H4, price has been in an impulse phase (thus forming the weekly''s right shoulder). Price is currently in a correction phase (bullish flag). Therefore, I am expecting another impulse to the upside, which will be followed by a...
Gbpusd is on a strong support zone and it also formed a descending channel with a 3 touch pattern and it is expected to long , wait for a continuation pattern or look for a risk entry with proper risk management
short once we have filled fair value gaps and in a more premium range
Welcome back Traders, Investors, and Community! Hi Traders, GBPUSD on the H4 is in a strong Bearish trend and after the rejection with long wicked bar from the Bearish line of the channel is expected to go lower to first Support which is 1.3726 I don’t think after this long red candle and the long wicked bar before that it gets a chance for any Pullback to...
head and shoulders soon, if comfirem down....
Hello, this is my analysis of GBPUSD based primarily off the 4H Chart. Note: This is a BULLISH Analysis, meaning, I do not confidently anticipate for the price to continue bearish towards this levels, from this current moment in time. This Analysis is SOLEY intended to be used IF the price were to approach, one of these two shown price points WITH ...
The long bull run for Cable is finally starting to loose steam. As you can see, the last higher high (HH) was formed around the 1.3950 handle (-27.00% Fibonacci Retracement). It has also broken broken out of the parallel channel by forming a bearish engulfing and closed below the 1.3875 zone. A confirmation of bearish reversal can be attained with a break of...
GBPUSD Gonna Bearish For Create Bearish Butterfly TP 1 1.3815 TP 2 1.3760
GBPUSD has a break of structure for potential downside movement