Price make a nice bullish channel pattern and price already touch the resistance line and also touch the resistance line of pattern.
Hello Traders Last week, USD got gains with NFP and unemployment results. Also, sentiment around the USD is still bullish so we believe USD is shining even more in the following weeks. So here is why we are bearish on GBP/USD: 1- RSI and Stochastic are declining (4hr TF). 2- Price made a lower high in lower TFs. 3- Also a small Cup and Handle pattern has been...
Ill be waiting for price to make a quick move down on the lower timeframe for a quick intraday short as price should return to sell off zone of 1.04000
GBPUSD Intraday - We look to Sell at 1.1820 (stop at 1.1900) Buying pressure from 1.1621 resulted in prices rejecting the dip. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A higher correction is expected....
The Algorithm is programed to this schedule: 5pm-12am Morning Zone 12am-2am price will reach for buy or sell side liquidity (Scope Zone-Snipe Zone 1am-10am) 2am-2:30 Price will reverse and trend this way for the rest of the day. When you know TIME then PRICE is predictable. Exploit the predictabilities. This is the road to Market Mastery. Never over...
As pound is in a sell trend, so we will simply follow the trend, but keep in mind it has to change its trend now. so just try to follow the trade. take some pips as told. and wait for a buy entry.
Thanks for stopping by TradingView community. Today’s video update is on the GBPUSD as plenty of signs continue to tell us that price continues to sit in a downtrend. (last weeks LL after new LHs) At this point, we’re waiting for new evidence that Friday’s close lower could be a new extension lower. First, we could see today’s rally fail and break Friday’s low...
I expect this pair to retrace back up to the 1.02500 area to mitigate orders before a re-distribution of price in the highlighted area. Short opportunities from around this level to 1.19332 as first target at liquidity, continuing the bearish trend.
I'm looking for price to rally to this area of inefficiency to start dropping some. The inefficiency can be seen on the 1 minute chart right above relative equal highs. I don't see the price going above that previous high.
GU create hidden bearish divergence! So i anticipated GU will fall down!
FX:GBPUSD GBPUSD waiting for sell Looking bearish downtrend
The chart analysis is self-explanatory. Why you should follow me; - Clean Chart, - Clean Analysis - Daily price action update, - Good Minimum R:R 2:1 with stop-loss and target, - Educational purpose, - Money Management 1-3% Trade with good risk management because the market trend can change so fast. Analysis is based on recent data and valid if the market holds...
When it comes to the technical analysis of GBPUSD , you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a...
OANDA:GBPUSD Price has shown a solid reaction to the area of supply which took out the 4H bullish impulse-causing a demand failure. Presently, price seems to be creating a supply chain so we expect a new bearish run after price trades into the new supply zone.
GBPUSD Would be very Good Sells From the Zone in case you missed it . because of Trend Line Touch + Zone Touch
#GBPUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Hello Everybody So I was doing my Analysis today and as expected GU is shifting in his bearish mod again The original entry was missed on my side at the top of the shift, but it is never too late to hop on the train, so for the next week I'm expecting GU sell-off as marked some good Supply Zone's to look for shorts Anything can happen of course but will we see...
Price has printed a double top pattern and moving in an ascending channel, Price could break below trend line, retest it to move lower to start of correction