Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
If you like this idea, do not forget to...
GBP/USD creating HHs and HLs, on 8hr TF it was creating LHs and LLs but didn't create new Lower high, it breaks and retested that supply zone,
so looking for long trade here after price create some pattern on 1hr or 15 Min time frame.
Gbpusd is at strong support level daily and weekly tf 1.3570 which has potential to bounce it back to 1.40 levels as we are still above ma 50 if it fails next buying zone will be at 1.3425. i will be only looking for longs from these levels but if we go below 1.3540 and h4 or daily close below it short for target 1.3425 and later long on those levels (1.3425) but...
Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #GBPUSD
the market is now at a resistance level near 1.3900, for me, it is not a sell, but if it comes to test 1.4200 I will like to sell it.
on the other hand, if the market...
Today's Idea I Found On GBP/USD
RISK WARNING Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
I dont sell premium or masterplan signal, i trade by my own for paying my bills
The pair succeeded to break the bullish flag formation to the upside. A lower pullback could be seen to the highlighted zone before a new upward movement in the same direction of the main and toward the target profit mentioned below.
Looking to Buy GU in buy areas and to close in TP areas (+30pips)
Buy 1: TP area 1 40pips. TP area 2 90pips
Buy 2: Initial profit at 30pip. then target TP area 1 68pips and then TP area 2 117pips.
- Looking to take this setup on signs of reversal
- Will not execute BUY if price shows clear break through of Buy Areas with strong bearish...
As with the current bullish momentum on this pair, we just recently broke the level of 1.39000.
Now, we could expect a retest of the level or a pullback along the way to continue taking buys on the pair.
New targets from here would be 1.40000 as it is a key psychological level.
Price purged the equal lows to the left and is now rejecting a nearby order block below it.
I want to see how the London session reacts to this area before I stack up on my long term buys into the imbalance area.
As we have seen, this pair has continued to be bullish, breaking above clear levels and creating new highs along this trend.
If you had taken buys all the while in this trend, you sure have made some good gains.
Now, we expect some pullback into some key levels before continuing to take buys.
Holyyy we got what we wanted Traders!
I'll link below my analysis I shared earlier today!
I am WAITING again, for price action to complete the retest of the level and then enter for a good long 1:3 RRR.