The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave , we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.,,
The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave, we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.
This parity should continue its upward trend, it would not rule out a downward correction before continuing its upward trend.
Gbpusd - I see price at a clean weekly demand zone so expecting upside from this level 1.23 upto 1.30s
GBPUSD has made Bullish engulf candle and also taking support. Follow the chart.
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GBPUSD LONG OPPORTUNITY IN KEYLEVEL RETRACEMENT(PULLBACK). BUY AT 1.29895 TO A TP AT 1.36379
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I'm seeing a bullish movement if we respect the .2300 zone but if we don't we might have a bearish movement...like always we looking for the right patters to form (feel free to leave a comment)
We have lots of factors going on here, after a rally in one direction (down) especially a sharp one like we've seen this week we would expect a return rally... Confluence of support and weekly trend line makes this a great area for a trade, we have divergence on the RSI and increased volume through the ATR... I've taken one risky trade as it gave me a 10:1 which...
I think it will continue to go down, to retest its lowest. Just MY idea
enter this position fast like banks enjoy profit we trade with banks
Respected followers, GBPUSD recently touched its support level on trend line. From current level GBPUSD will go up to defined take profit. Do not close until take profit will not hit.
The GBP/USD pair has formed a bullish gartley pattern. It is currently taking support at the zone 1.28017. Hence we expect the pair to move sharply up from here.