Hi Traders, A possibility to look for sell entry at the 1.247 area. - Look for confirmation in the lower timeframes. - Look for rejection coming out from the zones. - Look for break of trendlines. ❇️ Sell Zone: 1.24735 to 1.25059 ❇️ Target Price: 1.23500 Follow me and hit the Boost if you like my charts. Thank you. 👍
I'm short on GBP USD, it's failed to make a new high, failed to break back above the dynamic ascending trendline. Inflation is still high, despite rate hikes. Economy is in a pickle, with really poor retail data today. UK is the worst performing economy in Europe. There's RSI divergence. We're on a longer term downward trend so if this is to be broken I think...
We could probably have a continuous push to the upside, or a minor push to the downside on the highlighted zone and then the push to the upside.
GU also looking solid while meeting 2 playbook setups requirements. Hopefully they both play out
Looking for GBPUSD short from the zone of Liquidity. if we hop in. the trade I am looking to get a 7R on this trade. PS: with the link attached there is also a long position marked (if triggered. Trade safe. cheers Europeanbulls
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
I would be watching for price taking out liquidity before more bullish momentum. The setup is valid as long as price accumulates before breaking the recent high. *If price doesn't accumulate and breaks the recent high, I would be looking for distribution at the next significant zone.
Simple Supply and Demand analysis. Price reaching the supply zone plus 1 hr imbalance to be tested. Good luck Fxgoldsniper
Looking at Selling GU from SELL AREAS and targeting TP AREA 1 and or TP AREA 2. (Potential +40PIPS) - Execution will strictly be on PRICE ACTION, Candle Reversals! Trade Safe and Happy Weekend Like AND Follow for more
Looking to SELL GU from SELL AREA, to target TP Areas. Potential +40PIPs TP 1, +60PIPs TP 2 - Looking to execute Sell on price action Trade Safe
Looking to BUY GU in BUY AREA and to close in TP AREAs. (TP 1 +40 PIPS) , (TP 2 +90 PIPS) - STRICTLY looking to enter on signs of reversal, price action - Entry not valid on strong Bearish breakthrough of BUY AREA! Trade Safe with Risk Management
GBPAUD is in consolidation but still in a strong uptrend. Wait for the channel break and retest then take the trade. !! Trade safe !! likes will be appreciated.
Broken trend line, failure to break new high and RSI price line crossing all point to a nice coming move down in the ongoing correction. Going for at least 2R
Stop losses have been hit on longs and now we can try to enter using our favorite break and retest setup out the playbook using the break of the inside bar as our entry. Lets see what happens
Big rally to shake out early reversal sellers! lets see if we are due for a short term pullback
GU has broken above structure and typically we expect to retest and continue this move, however we have noticed depletion of buyers leading to a break down of an inside bar. Going for at least 2R with this one
GU has also completed a harmonic pattern but this one we were not around to catch as a limit, however we have spotted strong structure and momentum reaction so lets go for it and see what happens !
when markets are bullish, the majority is short. +breaker