Breakout on 1H is underway, i f it develops fully at the close of the candle, I will be going short at the retest...Targets on chart.
Like and Subscribe......... Trade Safely, my people.
Trading Setup:
There is a Trading Signal to Sell in GBPUSD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.2095
⭕️SL@ 1.2139
🔵TP1@ 1.1917
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us...
GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.19518
TP: 1.16955
SL: 1.21227
Bias: Short
For this pair our bias is short and the short opportunity is supported by sentiment and fundamental factors.
I'm looking for price to possible bounce off of support for the 3rd time OR break below and retest. Waiting for 9:15 AM EST or NY session before I take any position.
Price has tapped into my HTF supply/order block area, then price proceeded to react and break past the last demand area now shifted to supply (marked D2S).
Will be looking to sell from my area of interest. (Price can also go onto to react from my extreme supply/order block area as there was a D2S shift there as well)
Let's see what happens...
GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
After GU rejected my price mark at 1.21600 (supply zone). i'm looking forward to GU closing below 14th's June low at 1.19200 (fibonacci wise and double top formation)
GBPUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.20761
TP: 1.18249
SL: 1.22261
Bias: Short
We are bearish for this instrument. We expect a sell opportunity from the current price pattern.
Dear traders, GBP/USD has been unable to break the dynamic resistance on the 4-hour chart.
Hence, the bears now have the upper hand.
Minor support at 1.2160 exists, which if broken could open the doors to 1.19
As long a price is unable to break the dynamic resistance in the 4H chart, I would prefer to
sell the rallies in GBPUSD.
I have already sold at 1.2280...
GBPUSD has tested the resistance zone and fall back sharply. We are expecting the price will break the resistance on the next go.
Buy on the dip is suggested as long as the price is above the rising support line.
Break below the trendline will call for more bears in the hunt.
Trade your levels accordingly.
Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color .
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength...
w; bearish
d; bearish
4h bearish
for any short trade, I am looking for the price to go below the structure and the support zone breaking with an engulfing candle and staying below the emas
then ill go down to the 1h for entry signals = below the ema's and a break with an engulfing candle
Hi fellow traders, GBPUSD printed a nice expanding flat correction, giving us an opportunity to enter a short position. The trade will be invalidated if we break the red line to the upside. Target the support levels. Goodluck!
