GBPUSD is at a good sell zone for a drop to the next support area. GBP fundamentals are still very bad and the UK is now in a recession. The dollar currency index appears to have reversed to the upside after a deep dollar retrace - this should fuel further dollar strength and GBPUSD should fall as a result.
GU has tested a support zone, could not break we should continue the uptrend
hello guys,hope you are doing well this is my idea gor GBPUSD. please like and follow if you like my idea.
using rism management n money managment one could make decent retrun from trade
GU looks to have made a skew double top on the daily time frame on a resistance zone, and on the EMA resistance, I still think that we will sell this pair as I said yesterday. They came to look for stop losses, but painted a better picture by doing so, confirming a strong resistance 1.13272. I am in a sell from 1.11972 from last night. So will see how the rest of...
As you can see marked out on my charts, the yellow arrows show the top of a massive double-top structure. Both these structures have tested and could not break the 200ema(white line, red arrow) which acts as a very strong support\ resistance. The second leg of this double top is forming a head and shoulders at the 200ema resistance, and if you look closely, the...
4H is bullish.. Pro trend trade opportunity.. We have a 4H S/D flip zone.. price should take the 4H weak swing high as it failed to make a new low.. Downside is price is already at premium (not well priced for a long trade), but worth a try. Follow risk management you won't get affected that much. next look at M15, we have a refined demand zone with promising...
RR 1:3 sl is tight/ might get hunted. 4h- tl is holding, fib 38.20% - please reset charts- so they're not zoomed out.
Price Came to BROKEN low of 2020 1.41 - First Reaction will give movement down! For BEARISH confirmation - price has to SET BELOW SUPPORT! Also planning to take this whole movement on M5 time frame with small stoplosses - to maximaize REWARD RATIO minimum 1:5!
Please see chart markups and anchored notes for multi-time frame top-down analysis from monthly - weekly - daily - H4 Chart demonstrates my price direction bias based on H4 liquidity/ supply & demand areas
GBPUSD had nice bull rally from 1.3565 to 1.14952 with perfectly creating HH and HLs which later flipped into bearish at 1.14952. It failed to break above HH but later breaks below HL, also it broke below the Rising wedge pattern which is considered as a bearish chart pattern that points to a reversal after a bull trend. Target of Rising wedge pattern are usually...
After CPI the markets price delivery wasn't up to standard, it left behind multiple high volume imbalances, most have them have been filled, so this one should be next
Please see chart for - Anchored notes for Monthly, Weekly, Daily, H4 analysis - Markups and notes
GU is gonna get explode to the hell. like and follow if you liked my work.
i saw today news at 2am NY time market not really moving and clear low that been form on 30 sept 2022 and at 5m TF i saw that BMS to upside at 3am..so im entry when it retrace to FVG at 5m TF my target is Monday high cause market CLEARLY make equal high on Monday
hello folks this is my todays plan for GBPUSD like and follow me if you like my plan.
hello this is my idea for GU. please like ad subscribe if you like my plan.
Use appropriate risk and trade management. Split risk accordingly.