Hey Guys and Welcome, GBPUSD broke previous week highs, we are following „Mid“-term Trend with a good RR. Price formed a low and instantly jumped back up above previous HL with a good indication for another push to the upside changing midterm trend. Long: 1.41101 Sl: 1.40733 (25 Pips) TP1: 1.41405 (25 Pips) TP2: 1.41897 (80 Pips) Feel free to Comment and...
Hey Guys and Welcome, GBPUSD broke back above 60% price movement of previous Week price action, we are following „Mid“-term Trend with a good RR. Very bearish price action last week retesting and respecting previous lows and 1.40 key area. Long: 1.40800 Sl: 1.39728 (100 Pips) Tp: 1.42103 (130 Pips) Feel free to Comment and Discuss my Trades. Have a...
Hey Guys and Welcome, GBPUSD retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR. Strong bearish price action this week agains the trend, we are following mid term uptrend and expecting a skyrocket after retesting our Uptrend Levels. Long: 1.40224 Sl: 1.38958 (120 Pips) Tp: 1.41773 (150 Pips) Feel free to...
Hey Guys and Welcome, GBPUSD broke previous week highs, we are following Mid-term Trend with a good RR. Strong bullish movement over past few weeks occurred, heading towards new highs @ 1.32500. This Level need to be taken out ;) Long: 1.42230 Sl: 1.41455 Tp1: 1.42991 Tp2: 1.44092 Feel free to Comment and Discuss my Trades. Have a good one :) Alan
It seems GBP/USD reached it's bullish support, Now there is a good Opportunity to go bullish until price @ 1.41713
Failed to break channel and is around strong weekly area which ended with a sell with a target to lower channel. Will be adding positions on every retracement I find convenient.
Currently more room down seems to be ahead for GBPUSD. Dont buy until it has hitten the first or 2nd lower range and you see a green candle being created on the lower range. This is a possible bounce back sign. If its a red candle and the lower range breaks then sell it all the way down!
Hi traders, We had an impulse before, first orange arrow and anticipate the next impulse up. The whole move stopped at the 50% (could also reach the 61,80% and then we will go for another buy), completing a regular flat for another move up. Sadly no RSI Divergence. As always we put our trade at break-even as soon as possible or exit with a very small loss. ...
Early entry, stuck on the 61.8 fib level, Retest of the 4h supply and demand zone
We currently have price action of 1.32141 sitting very tightly under a resistance of 1.32154 . After a strong show from the bears on Friday pushing the price down to 38.20 Fib level the bulls quickly recovered back up to the 1.32 area, closing Friday on another green candle to where we are now. I do believe the sentiment of the Pound is still long, with the...
GBP/USD forms ascending triangle pattern During the previous trading session the currency rate expectedly returned back to the 1.3110 mark, which represents location of the 23.6% Fibonacci retracement level. As this barrier was additionally backed up by the 55-hour SMAs, it made a rebound. However, the fact that the cable failed to climb above the 50%...
Our preference: long positions above 1.3100 with targets at 1.3190 & 1.3225 in extension. Alternative scenario: below 1.3100 look for further downside with 1.3080 & 1.3040 as targets. Comment: the RSI is supported by a bullish trend line.
ENTRY: 1.3118// SL: 1.3077// TP: 1.3295