TP: 1.34 SL: 1.28 entry point: 1.289
Price has done a reversal candlestick pattern on the bullish trendline, divergence on RSI and Armonic Pattern... The trade is valid after a break out of the bearish trendline and bullish momentum.... a break out under the long-term trendlineid a signal of bearish momentum
Bullish CYPHER pattern with great entry opportunity.
Inverted H&s with parameters Entry 1.2982 Stop: Below 1.2914 Target: 1.3052
Look for Long Signal on the 4 hourly or 1 hour chart. Potential of 60/70 pips and 20 pips risk
GBPUSD retest the support zone around 1.2980's for the 4th time and we have potential double bottom forming in the zone. So once Double bottom & bullish reversal is confirmed, initiate long positions in GBPUSD with stops below wicks of support zone. Feel free to leave your comments/opinions...
same pattern as GBPAUD>>>> GBPUSD will eventually go long....
GBPUSD has been in a consolidation period for a few days now on the 60min. It broke out of the Balance Area this morning and now I'm looking for a retest so I can get at least a 1:1 R:R on the trade.
GBPUSD formed the cypher pattern . Take a long position now .
GBPUSD forming a bullish wedge on H1 chart.
Gbpusd Traing around 1.2930 level Where on daily its completed 0.236 level it can bonce up from current level or from 100% that is around 1.2785 which is years low also . So little Risk can be taken around this level Buy advice around 1.2930-1.2800 With sl below 1.2750 where Tp 1.33 and tp2 1.35
GBPUSD chart is quite self0explanatory,a s per the wave count shown on the chart , the elliot wave has completed and just started the corrective wave (c), We have double bottom also providing support, GBPUSD retested and bouncing back from zone around 1.2930's. After checking your trade plan initiate longs. Happy Trading !
This is the best time to buy GBPUSD.. it touches the lowest low..
Good Confluences on this one
Been watching for a week and its completed today 382 and 618 targets
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