GBPUSD bullish scenario is supported by the following factors:
1. It's moving perfectly in the ascending channel.
2. Hidden bullish divergence formed on MACD for the continuation upwards.
3. Break out of the most recent falling trend line within the bullish channel.
4. The next target of 1.2850 is derived from the confluence of Fibo Extn's on the prior impulsive...
- middle bollinger band, blue moving average is nicely pushing price to go up.
- it is in a downtrend UNTIL it broke the trend line, the middle bollinger band and the BLUE MA confirms it is a buy.
-**Not shown in the picture** but the Ichimoku cloud is also acting as a nice resistance zone. When the Ichimoku cloud is SHOWN then we can see that the clouds changes...
Hello,
The GBPUSD pair break the trendline on H4 timeframe. Then the market consolidated in a range. I think this is a good time to take a long. Good luck.
Based on the 4hr timeframe we could see a descending channel on this pair.
Today we got a solid candle close outside of this channel. Not only price closing outside of descending channel but also above the structural resistance.
Buy GBPUPSD 1.2420
Stop loss 1.2355
Take profit 1 @1.2480
Take profit 2 @1.2540
I think this is most likely GBPUSD scenario , as it made a low , and then started pushing upwards. Then made a nice pullback. I would expect it to go a little lower before we can enter , but overall R:R is pretty good IMHO
Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Very bullish price action occured.
4 HOUR
This week did open really bullish, we expect another pump.
DAILY
Overall bearish waving market at range low, looking for a push to the upside.
-
FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.24810
SL @ 1.23600
TP @ 1.26480
Max Risk. 0.5% - 1%!
(Remember to add a few...
As we can see price took a massive nosedive in the past and has tested the highlighted resistance level several times before dropping below it.
I can see there is a setup coming to go long and get a fair few pips!.. Once price breaks out of resistance I think its safe to go LONG and hold the position until it shoots back up to its old highs.
Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Strong market manipulation right now.
4 HOUR
Takeouts and high volatility, expecting a push to the upside again!
DAILY
Overall Bullish market downside right now, good entries.
-
FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.25940
SL @ 1.24890
TP @ 1.27750
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all...
As you can see at the graph yesterday I morning a tooked two Trades on GBPUSD pairs just Sl hit but today i believe from the same pair will pay me i believe GBPUSD is gonna go higher like 439 pips so in thus case I'm ready to buy
As i always tell don't take my words serious make also your analysis if they match is good if I'm wrong tell me and drop your comments...
Price is in what i would see as a potential retracement with potential to move bullish again. i will be looking to go long from the marked entry point to our marked take profit levels. should this trade not move in our favour you should lose no more than 2% of your equity. Do not risk more than 2%
We have GBPUSD in Up Trend.
Here is my setup:
BUY LIMIT
SL at 1.25770
TP1 at 1.26200
TP2 at 1.27200
TP3 at 1.27700
TP4 at 1.28100
Have a safe trade, bro..!
'Negeri di Atas Awan'
Looking to BUY GBPUSD in BUY AREA, targeting TP AREAS. (30+ PIPS)
ENTRY CRITERIA:
1. Enter on signs of reversal, price action
2. Do not enter if price breaks through buy area with strong bearish momentum
Looking to target price area 1.282 (110 PIPS) if bullish momentum strong
Trade Safe
