GBPUSD looking at the 12-hour timeframe perspectives. GBPUSD has established this bearish wave-count to the downside within which it already completed wave A completely and is now about to form the wave B in the structure that is directly moving into the main resistance-cluster where several resistances coming together, the 200-EMA , the 100-EMA and also the...
At first, we find out Order Blocks. we got 2 order blocks. then we are applying Wyckoff schematic Rules an in-depth analysis.
#GBPUSD Market has rejected from a previously tested area. Also at the stage is over bought. So i am looking for a sell move next.
After closing the price is above 1.3840 in 15 min chart, it entered into a buy trade, with two targets of 1.3881 and 1.3930.
Confluence a. DAILY FIB 61.8% 3 rejections b. Major level ( 1.38000, Swing low) c. 4h Correction d. Higher timeframe bias
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Looking to take GBPUSD back down to the previous bottom. For confirmation, we're waiting for the break of the ascending red trendline.
We have a huge amount of liquidity trapped within these breakout trendlines Retail will be attempting to sell this minor resistance forgetting that we have the untested trendline above. Price is likely to break out aggressively to the upside tomorrow to capture stop losses. Once this is out the way NFP on Friday could introduce strong selling as displayed on...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. We are still inside wave b at higher timeframes, and as we said, we expect wave b to be flat. In this flat, wave a and b are completed. Within wave c, wave -1- is formed and we expect the price to fall from this point to form wave 2. After the black channel ceiling is...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
1.36 has proved to be very strong support for GbpUsd and the pair reversed losses from this point and is now trading above 1.37 support. I'm bullish as long as 1.37 is intact and I expect the pair to reach 1.4 zone in the next few days
By this analysis GBPUSD may be on a steady bullish wave from this week. Fingers crossed 🤞 Not a financial adviser, just my own personal experience and analytical skills on the pair.
PRE-MARKET ANALYSIS FOR GBP/USD August 29/2021 GBPUSD has a high potential of moving upward as the Daily market trading session display a double bottom market structure. Aside from the fact that GBP banks will have a holiday break tomorrow, market sentiment For the sterling VS greenback pose a strong bullish presence when looking at the overall psychology of...
GBPUSD looking for the buy as it moves back into the supply area to then push up to the previous high taking out the liquidity What are your thoughts.........?
GBP_USD is making a recovery. Going up to retest the higher levels of supply. And I see the really being limited by the falling resistance above. I am expecting a pullback a bearish reaction from the level. With the target of reaching a recent low. Let it ride till upward resistance and then SHORT🔥
It is over 250pips move in our direction since my last publication (see link below for reference purposes) and the appearance of a strong reversal pattern (Double Bottom) at this juncture in the market suggest a trend reversal is unfolding as price continue to find higher-high since hitting a bottom @ $1.36000 a couple of times. The British pound spiked a bit on...
Hello Traders! Check Related Idea for market context!! For now, the analysis is neutral since there's no clear direction yet, the market is in a corrective phase and therefore still "deciding" about where to go. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of...