They used the previously Weekly high as support. Pulled back a little deeper than I expected. But all still lines up to break new highs. With this new Data I can see News on GBP tomorrow helping to give that spike I'm looking for.
Continuing to monitor price action on GU. Still Bullish but since it is now the end of the week I'm Not to confident it will want to make new highs. We cant predict the price...just move with it!
After GBP/USD changed direction very violently, we can assume price will continue down to collect that lower liquidity. The idea is to enter off the demand zone seen here. If all fails, the next entry is 1.27752. Goodluck!
We got a confirmed bearish trend change for GC. MASSIVE BEARISH MOMENTUM Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! This is looking like a very yummy short! Follow and Stay...
We can spot a flag continuation pattern to the upside. The ray lines of 1.26923 and 1.27220 are my targets for the day, but in other for that to occur, I'm waiting on a retest t the 50EMA, there's news in some minutes time, so I expect the news to take it down for retest then we buy to our targets.
We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC! We have also aligned bullish on the daily, 4H, 1H timeframes. Now looking for trend continuation to take a long trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for...
Starting our week off with GU now this is one of our only USD secondary pairs that sits in a bullish range within our SW structure. we overall will respect the range for longs while keeping in mind the gap we have under our SWL. as it stands EU and XU have shifted their bias to short so we could either be seeing a slight miss correlations before the new year, or...
Overall, GBPUSD continues to trade well above a medium-term tentative upside support line drawn from the low of March 8th. From the shorter-term perspective, the pair is balancing above a short-term tentative steep upside line, taken from the low of November 1st. From the beginning of December, we can see that GBPUSD might have formed somewhat of a double top...
Expecting bullish momentum from GU Confluences: Rejection of 4HR Support Consolidation @ the 1.2625 quarter level Last day candle printed a HL
British pound to the US Dollar being our first pair of this week very clear bias for us with higher targets we are within a new bullish range we're looking for a swing high to form so we can confirm our high overall we are looking for longs out of this heading for new highs.
We are in a bullish trend and we have a BOS in 4H TF. So we have to wait for a pull back and this area has its potential to go long. I'll wait for CHoCH in lower TF for more confirmation and then I'll enter the position. Lets see what will happen... Good luck.
Starting off this week with British pounds in the US dollar we finished up last week with a very clear bullish directional bias and we're starting this week with also a very clear bullish bias now we are waiting for our swing high to be created so we can confirm the bullish range that we are currently sitting within I'm looking for overall a pullback to the liquid...
Looking to short GU based on the 1HR liquidity sweep Price came back into our distribution area on the left and re-distributed on the 15 MIN. Entering off 15Min OB
Starting this week off with GU From last Friday we've been playing within a large foolish range all of these structures that we have tracked from last week have been internal with some nice long moves lining up with our range bias we are looking for the range high to be taken and we are going to be looking for lungs into this week again if we break down the...
Hi guys, this time i bring you a $GU Short analysis where i'll be looking for Buyside Liquidity to be taken so we can keep developing and finish this PO3, my short is based on my weekly BIAS which is really bearish, same as Monthly or even Daily, in this case i'm really leaning a lot on my IRL>ERL>IRL>ERL cycle where i expect us to take the liquidity from the lower part.
Starting this up week off with British pounds of the US dollar we were bearish into the last session of last week pushing up at the end of the session leaving us with a non valid BEARISH range, Ending our week with a break of structure higher giving us a bullish range also lining up with our hourly structural sweep and continuation now looking for price to run...
GU breakout of a correction after retracement. Last week's forecast