GU complementstatic resistance
channel midline
thickness of kumu at the very end
baseline of ichi resisting
RSI position
the retails news which was negetive
all of them tells me that price will fall
its is very probable for price to fall to green area.
in this scenario after falling to the point we will start a new 1st major wave
time will tell us every thing
Gu
GBPUSD 1H timeframeHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
GBPUSD 1H timeframeHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
🔰 GBP/USD - Daily Update 🔰🔻 The Pound closed bullish Candle - as the DXY moved Bearish GU took the long in yesterday trading
🔹 Below 1.3900 Price will trade lower to Our Bearish Target ( We need 1H or 4H closure below this Line to give us a confirmation to trade lower )
🔹 if we got any Bullish trading in the Dollar Index, GU will trade lower
✅ London Session will be a good opportunity to trade this pair - DXY will make GBPUSD to volatile during the session
🔔 The Dollar Index will play a significant role with this pair - if price shows Lower Low or Break of Structure to the Upside before London Session, we will trade the Pullback
🔰 GBP/USD - Best Time to trade this pair is... 🔰 We suggest you trade GU During London Session - It will give you more volatility 🔰
🔻 The Daily Candle of Pound closed Doji Candle - A breakout from here will lead the Price to our either Targets
🔹 Below 1.3900 Price will trade lower to Our Bearish Target ( We need 1H or 4H closure below this Line to give us a confirmation to trade lower )
🔹 DXY will make GBPUSD volatile if we got any bullish trading in the Dollar Index, GU will trade lower
✅ London Session will be a good opportunity to trade this pair
🔔 The Dollar Index will play a significant role with this pair - if price shows Lower Low or Break of Structure to the Upside before London Session, we will trade the Pullback
Potential trade idea for GU next weekLast week we saw continuation to the upside. Then a fakeout to break the structure to the upside which corresponded with an strong impulse to the downside.
Now, I think we may finally get the correction we have been waiting for.
What I am looking for now is a corrective structure back up to 1.408 area. Depending on price action, I will look for for this area as a potential sell zone to take the price with an impulse down to 1.38 area.
Remember, price action is key and the most important thing to follow as things can change at any moment.
Let me know your thoughts.
Trade Safe!
HEET






















