We're headed toward a good entry for a buy here. We've already broken past previous supports. I had a short position today which has hot my Take profits. I expect it to pull back to at least the 1,19700 areas. That will be my TP TP 1,19700
My view Potential Buy Setup on H1 timeframe based on Technical Analysis . Quite risky but I will give it a try. Good luck and Trade Wisely.
As you can see clearly, there is a double top on the daily time frame. I'm expecting a break of the kneck line then I will be opening a sell position. also Dollar index is showing some strength. I'm expecting Dollar pairs to gain strength soon.
hello guys we are looking at gbpusd on the 1hour time frame, you can clearly see what price is telling us at this point of time so we have a nice head and shoulder pattern price broke the neck line successfully and we are waiting for a retest on our 0.61 fib level or area before we can successfully take our buys we are looking at about 150 pips plus on this trade,...
Market created an FVG yesterday in London session and filled it in NewYork session and made an order bock at 50%. All this while DXY is pretty bearish so I think market should kick into buy mode at 1.20656 then NewYork open should provide enough liquidity to push up to previous high.
after an impulse to the upside from a head and shoulder GBPUSD forms a flag to continue its momentum to the up side.
As you can see, there is an important supply zone in front of the price, but on the other side, there is a big liquidity pool above 1.2269 which can be interesting to collect. The first scenario (which I follow) is the price rise from here or from the optimal buy zone which is 1.2013- 1.2044. In that case, the targets can be: 1.2188 1.2270 1.2320 The second...
Hello traders! ‼️ This is my perspective on GBPUSD. Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from OTE FIBO level. ‼️Attention!!! Due to the fact that we have news events on GBP & USD this week, the analysis can be invalidated. Like,...
This is trade idea for GU day trade -Buy in FVG, you can choose one according to the confirmation that will occur. -In 1H TF, Pounds look pullback from HTF Demand Area -Risk Reward 1:3
I think British Pound is inside a range in bigger timeframe. We are in the support of the range now. Some bullish confirmation had been made: break of the trendline. This is similar to my EURO Trade ideas We may see a retest of the trendline, and/or pattern formation in support zone (around yellow dotted line below), hence we can try to limit buy there. Should...
Double bottom formation and nice bounce up from support level, could see it heading up. Targets: TP1 1.20667 TP2 1.21000 TP3 1.21800
gbp is near a good supply zone and I'm ready to go for a buy. ⚠️ I take my profit in every position with a R/R=3, but you can wait till next support/demand zone! ⚠️
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.
I am writing to inform you about a trading opportunity that has been identified in the GBPUSD currency pair. Our analysis suggests a long position in GBPUSD with the following details: Instrument: GBPUSD Position: Long Entry Price: 1.21765 Stop Loss: 1.21276 Take Profit: 1.22234 Please note that this is not a guarantee of profits and all trading carries a risk...
A beautiful amount of volatility entered the market after the release of the US inflation data a few hours ago. Some large wicks presented in the GBP/USD which eventually tested and rejected at 1.2121 to the downside. Although, the more interesting wicks occurred exactly at the time of the release, with the market feeling out a high of 1.2270 and a low of 1.2150....
Anyone agree with this chart? If not, why not and share your ideas?
Long setup - looking at support being respected London Open - anticipated a momentum push - monitoring P.A accordingly.