Selling GBPUSD in Sell Area & looking to target TP Area (+40PIPS) SELL CRITERIA: - Strictly looking to enter on signs of exhaustion, reversal pattern *** Using strict volume based strategy - Sell entry not valid on strong bullish breakthrough Trade Safe
Looking for GU to continue uptrend with a buy limit activated at 618 fib retracement. Lets see if GBP can pick up some strength for NY
B&R identified in GU with DXY seemingly picking up strength across the board. RSI also breaking down SMA trend line for indicator confirmation and price is in fib extension reversal zone. Lets see if we can start the week off right! Safe trading everyone
GBPUSD perfectly respected an intraday horizontal support and bounced from that on Friday. A strong bullish candle signifies a strong bullish pressure. The market will most likely reach 1.2122 level next week. Please, support our work with like and comment!
GU has met requirements for our playbook "breakout" trade using momentum as our entry confirmation. Lets see if London can send us off to the weekend with a little 2R win
Our second setup of NY also points to GBP rise but against the USD. Price has reached critical ABCD and Fib Ext level. Using our proprietary ATR for SL. Lets see how NY treats us
Sell stop activated on break and retest setup using momentum shift as our entry trigger in line with what seems to be USD strength during this session
GBPUSD is in its final phase of the Uptrend correction, and so still long term bearish on weekly scale. I would be expecting a pullback to 1.196 before some bullish momentum to grab supply at 1.22. We might not see large bearish momentum this week, however, there are still opportunities to trade price action. The target for the sell setup is almost 545pips at 1.165.
After Asia teasers, price may finally be ready for a correction higher, and we can take advantage using our B&R setup with momentum entry. Lets see if London treats us better
We could be a kicking off the week with a lot of GBP movement if there is a new trade deal reached between the UK and Europe over the Northern Ireland Protocol. Today, Dominic Raab (the UK Deputy PM) told the BBC that the 'UK is on the cusp' of securing a new Brexit deal on Northern Ireland. I'm also seeing GU decline slowing and possibly at the end of it's...
GBPUSD is bearish. Price has created some liquidity. At the same level we have 2.62 fibo level. Entering short at 2.62 fibo level SL 10 pips TP bullish OB. But I expect price to continue making lower lows because on higher tf we are heading to 1.62 fibo lvl. Good luck:)
We can see sellers have been depleted over the past hour and price has qualified for playbook setup B&R using our depletion entry. Good probability of reaching 1:2 RR. Lets see what happens over the rest of ASIA and check back in during London. Safe trading everyone, see y'all soon!
Market makers' provision of liquidity is a complex system that involves managing an aggregate of securities and derivatives that are readily available to be cashed on spot. Market makers use different market approaches to manage their inventory, such as bid-ask spread, order flow, and algorithmic trading strategies. These approaches allow market makers to make a...
Market makers' provision of liquidity is a complex system that involves managing an aggregate of securities and derivatives that are readily available to be cashed on spot. Market makers use different market approaches to manage their inventory, such as bid-ask spread, order flow, and algorithmic trading strategies. These approaches allow market makers to make a...
1min Short - Have a look, what I've look at. Do not chase price. Let price show it's hand. Stay safe and Enjoy the weekend.🙌
qucik sell on gbpusd. price started showing bullish structure since the bounce off of 1.19350, it met resistance at 1.21450 broke 1.20750 rested 20750 multiple times and broke out of 4hr trendline. quick 1:1 because price might just make a double bottom
Hello all! GU is looking INTERESTING like always! This was analysed earlier this week, pair is approaching the long awaited Demand zone, will look to target liquidity (marked on chart) Entering a LONG position from a CONFIRMATION entry! Monitor LTF and get in! Take care!
Price might get 1.206 around London Session but it might continue bullish at New York perspective from 1H Time Frame (22.02.2023)