Looking at the price we can see that it have reached to a psychological level of 27000 which is our TP2 now the price is likely to mske another move to hit another psychological level of 27500 TP 3 and another psychological level of 28000 TP4 . This because price is still in uptrend and likely to continue moving upward.
As TP2 has reached mentioned earlier now we can wait before another move to see if the price will form a pattern or another Shape to give a signal for another entering of buy.
Price has reached to psychological level as was predicted . At this point is better to wait a correction before entering another BUY or can still hold for a longer timefram. Price keep moving in uptrend .
Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the...
"Hello everyone! After yesterday's stop loss, the plan remains the same, here's my second attempt! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong...
GBP-USD is trading in a Local downtrend along The falling resistance line So after the retest of This resistance I think We will see a further Move down !
Demand zone 1.2640, 1.2625-15, stop loss: 1.2595, target: 1.2740.
Here on gbpusd price has made a rebound around psychological levels of of 26500 and helding moving up . SO going for LONG is expected and targeting profits should be around 27000 levels.
This week, my bias for GU is aimed at observing a return to a demand level to sustain a short-term bullish trend. With the recent upside break in price structure, a fresh demand level has emerged, potentially signalling a bullish upturn. I'll be monitoring for a Wyckoff accumulation within my point of interest (POI) before considering buy positions. These buys...
GBP/USD pierced through 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located, and closed the last 4 4-hour candles above that level. Meanwhile, the Relative Strength Index (RSI) indicator rose to 60, confirming the bullish tilt in the short-term outlook. On the upside, 1.2780 (static level) aligns as interim...
By traders gbpusd is in up trend we are monitoring buy gbpusd gbpusd will restrest again then it will fly Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
So here the price moving in an uptrend so we will keep going for LONG and our targeted profits should be on psychological level of 1.27000 and 27500
Based on our previous analysis in which we mentioned Elliot wave we can see that price keep going toward the Elliot wave so take profit should be at 26500 or 27000 psychological level
The dollar edged lower in early European trade on Thursday, with risk sentiment buoyed by Nvidia's strong earnings, while traders awaited the release of business activity surveys. important for finding clues about the health of the global economy. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was...
Here prce drop and want to make another move which we are expecting to go LONG and our targeted profits should be at psychological of 27000 , 27500 and 28000
Hey traders gbpusd is in up trend we are monitoring buy gbpusd Gbpusd will retrest again then it will fly Soo my point of view gbpusd is strong in up trend Like and support us
GBPUSD is currently trading in a descending channel, creating a bearish harmonic pattern. The market is testing the upper border of the channel and the major resistance level. Price created the confluence level to short the market. We expect a bearish move since harmonic patterns work greatly in consolidating markets. ------------------- Share your opinion...
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...