Trend continuation, pennant broke! Yalla. The resistance 1.23 level needs to break.
Price action is not encouraging for the earlier setup. Well, every trader must be adaptable. I looking to sell from the 38.2% to 1.20625 about ~100pips, if Price keeps building up into supply. I would be looking buy positions after that.
Running trade, 1.1924 entry. Right on liquidity zone 61.80% fib. TL channel is broken/ retested.
38.20% fib level is holding strong, will close the trade if we break below 1.21506 and will re-enter buys at the 61.80% level
shorting for retest. expecting 61.80 but will close half position at 38.20. Over all we are bullish on GU.
I would be looking for entries to sell GBPUSD to 1.15996 as part of the retracement in my analysis.
While getting ready to sell, I can see a Wyckoff distribution forming. I would do a short buy ~70pips if the setup presents itself, before selling.
I am currently buying GU for 256.4pips. *This is not signal, but a reflection of my trading activities.
I am watching for setup to buy GBPUSD for at least a 70pip move and then sell for about a 116pip pullback. I am anticipating bullishness on the GBPUSD for the rest of the week (Wed. through Friday). *This is not a signal. This is just a reflection of my trading activities.
I would be watching for a pullback for another entry to sell GBPUSD
Time to gather some shorts on GBP, but before that im lookibg for reaction! Targets u can see on the chart!
its time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here. eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of...
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hello guys thats the plan for GU after hittin TP areas. Please like and follow if you like my work.
simplified plan for GU please like and follow if you like my work. (note-Its a long term plan)
MTF analysis are in the anchored notes for M,W,D,H4, AND H1 Annotations/ Notes and Markups are on the charts KEY LEVEL = Tried & tested S&R zones S/R zones are labeled as S/R zones High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones) TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD) THUR,...
Waiting on fib retracement, either 38.20% or 61.80% for better entry.