Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
During this week, the GBPUSD managed to overcome two bearish obstacles - a trendline and CHoCH formation. This strengthens the analysis that in the medium term, the GBPUSD trend has shifted to being bullish. The initial target for this trend is the SND area, which also intersects with the trendline (marked in red).
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The GBPUSD price movement is similar to EURUSD. When the main trend is bearish, any bullish activity is part of the correction.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I see that there is a possibility of a bullish minor for GBPUSD. Where at this time the price is seen responding positively in the support area, like my analysis last week and seeing the condition today where the candles formed tend to be less volume, then there is a possibility for reversal. If you want to do Long, you can at a small risk below 20pips.
The analysis for GBPUSD remains consistent with last week's report. Prices are moving towards the target marked in red, but I do not recommend going long at this time. It's best to wait until the price is in the area I have described. We will react accordingly to what the market does when prices are in that area. Congratulations to those who have followed my...
GBPUSD analysis still continued the analysis that I shared last week. The price is still seen bearish with the target in the red line area as a pretty strong support. With the movement of Dxy is still bullish, the correlation between analysis is still very strong.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
From the perspective of the market structure analysis that occurs to this day, I still see GBPUSD in the bearish structure. Where after the last boss occurs, the price is still unable to bullish more than the highest peak. Valid analysis as long as prices do not rise more than invalid areas. If you see from the existing Fibo Retracement, the price has been retrace...
continuing last week's analysis, where the price could not increase more than the invalid area. the price is back down to continue the bearish trend. the farthest target is still on the red line below.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
There is a high possibility that the price will be bearish. This can be seen in the price response when responding positively to the trendline area, where the trendline is an opposition that is strong enough. Below is seen a liquidity area. Usually, the liquidity area will be responded to positively, and the price drops deeper than that area.
Hi Traders! We have a range opportunity here on the GBPUSD 3H chart. The market is currently trading in a 73-pip range. The support of the range is at 1.26660, and the resistance is at 1.27390. The market has been in this range since the upside price rejection candle, which we have highlighted on the chart, leading to the downside impulsive move, and now the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Based on my analysis, it seems probable that the price of retest area SND will continue to trend bearish this week. This is because there is currently no dominant Bullish candle in sight.
Hi Traders! There is a potential Head & Shoulders opportunity here on the GBPUSD 1D chart. The market looks to be approaching the neckline, and we are now looking for a break and a close below the neckline with momentum to target lower levels. If we get a break and close of the neckline, we have the first profit target level at 1.26800, and if you want to hold...