the price responded well to the SnD area and now it is back to bearish, we need to wait for some confirmation to confirm if wave b is complete. the short term target is to the trendline area and if the price continues to drop then we can prepare to short when there is a retrace.
Wait for price to reach the killer zone and look for that price moment in smaller timeframe or just a large wick candle formed in 1hr and take trase
GBPUSD 1:4 Beast Trade 1) Uptrend 2) Breaking Their Resistance 3) Good Fundamentals of GBP because of Positive GDP growth Rate 4) USD can be weak this weak because of CPI coming on Tuesday 5) 200EMI is below the Price Best and Simple trade
TRADERS, we still believe GBPUSD price will come to this region before it start dropping heavily, let's not miss out on this great opportunity. Price dropped recently due to bullishness of the DXY though next week NFP is our target. Which will help a lot. Like and Share. Thanks all, as always ❤️
for the medium term, it could be until next week, I think this pair will be bullish until the SnD area above. in my opinion the current position occurs FTR, FTR (failed to return) is a condition where prices do not respond to the SnD area. usually if this happens, there is a fairly high price jump when bullish.
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.
Hi, According to GBPUSD Market Analysis. There is a high probability of further decline. With the pair retreating from a very strong resistance at the level of 1.25500, and a strong correction of the golden ratio of 0.61%. We also notice a downward channel. The price has broken the upward trend. in green, as shown in the analysis. Good luck everyone .Note:...
Hi Traders! We have a Head & Shoulders trade setup here on GBPUSD 1D chart. The market looks to be approaching the neckline and we are now looking for a break and close to the neckline with momentum to target lower levels. If we get a break and close of the neckline, we have the profit target level at 1.21761 and if you want to hold on for a larger risk reward...
On the 4-hour chart the trend started on May 11 (linear regression channel). There is a high probability of profit. A possible take profit level is 1.2259 But do not forget about SL = 1.2551 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
Structure: Solid power move to the Resistance zone aligned with the 200 MA Strateg Trade: Short - A bounce back expected from this level Risk/Reward: 1:1 Disclaimer: DYOR!
NFP in one hour expecting this move on GBPUSD , let's wait and see how it works out. Like and follow for more.
FX:GBPUSD Hello, I'm continuing my analysis of a GBPUSD high-probability setup, For the buy zone, we have R/R = 4 For the sell zone, we have R/R = 8 Trade at your own risk Follow for more
if you look at the current falling price, it is possible that wave b is still not complete. this swing that occurred formed an FTR (failed to return) pattern, the price failed to return to the SnD area. be careful if you want to sell, in my opinion it is better to wait for the price to rise back to the SnD area.
GBPUSD - D - Movement Prediction and forecast idea in medium term. level to Sell in zone .
Hi Traders! Our GBPUSD triangle break idea on 31/05/2023 broke out but not in the direction we anticipated (PLEASE SEE LINK TO ORIGINAL IDEA BELOW). After a support test to the downside of the triangle, we had a very strong bullish momentum swing to the upside with a break and close to the upside of the triangle resistance. Our upside Vector resistance level of...
The main idea of this analysis begin with an important low that have not been liquidated yet. The monthly low of April 3, 2023 is where the price is moving to in short term. Before the price make a reversal to start moving higher this important level needs to be liquidated. Fundamentals Odds are highest for an agreement late tonight or tomorrow, Goldman said,...
GBP-USD broke out of The falling channel and Then went down to retest It but is now growing again So I think that we will see A bullish move up !
looking at the movement in the last 3 days, the possibility of wave b formation is increasingly positive. the SnD area is the most relevant target to aim for in the next few days. if you want to find an opportunity to short, wait for the price in the SnD area.