Gu buy 1. TL 2. RBS zone 3. Bullish Engulfing Trend buy *Tggu price retrace area Zone RBS
Expecting bullish movement on GU momentarily to key retracement zone.After that im expecting the bulls to come back into action. I placed a Long order @1.2550 & set my TP @1.2590. For a simple 40 Pip profit. I also charted a clear triple top which indicates bearish movement. On the 4HR timeframe price closed under the parabolic indicator, which gives me more...
this pair ussually gives me goosebumps, still on the buying side havent changed my mind yet.
On the weekly, price is hanging around between the 1.32000 and the 1.22000 levels, despite a bearish fake-out kissing the 1.14000 before shooting back up to the respected 1.22000 level. On the daily chart, price has been ranging between 1.28000 and 1.22000 since mid to late March. However, once we dip into the 4H chart do we begin to see a clearer picture....
GU and GJ have been rising nicely this week and I see the 1.27 area of GU being a key area of interest to look for a potential short. Resistance @ 1.27: - 618 Fib level of 13 Dec 19 high to 20 Mar 20 low - 786 Fib level of 10 Jun 20 high to 30 Jun 20 low - Gann Line crosses through - Cypher completion zone - Green trendline support retest COT data currently...
G/U ANALYSIS 7/5 Check out last analysis regarding this pair here (I update my pairs Daily, NOT on tradingview) We may now see price re-test highs before we can see bears step in and potentially start a bearish trend level marked is very crucial, need to watch how price react around this region before making any further decisions TO STAY UPDATED REGARDING...
GU might actually be going long...it seems to have created a corrective structure that is "not so corrective" really....it seems it has trapped sellers! (since everybody is going short on the pair) i'm seeing it respecting the 61.8 fib level as well...and might go back to last year highs// Also keeping in mind how well the pound has been performing over the...
My analysis for GU is similar to GJ. We might see a 60-80 pip move up before dropping. I will look for shorting opportunities once price enters my supply zone. Very good RR.
Support held, double bottom, Q3 expect wicks to the both sides.
Looking for a potential GU SELL, targeting TP AREAS. (30+ PIPS) Looking to bank 150 PIPS if market holds bearish momentum Trade Safe Entry Criteria - Strictly looking to execute entry on price action, reversal candle, exhaustion candle - If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc) - Apply...
GU ANALYSIS 6/28 Price is falling we can see the bears are in control at the moment May see a pullback to the region above before considering short potential. Higher time frame suggests we are in a correction May see price range for a while Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature TO STAY...
Good day all, Chart looks a bit confusing currently with the short and long positions, however please take note we have not yet concluded our short swing. I am however starting to prep for the Long Swing again with the buy zone coming up as seen on the chart with that Blue Box. What I am currently seeing is a trendline bottom to top that concluded with failure...
GBPUSD short - heading towards end of cycle pattern, but still showing bearish momentum. Double-Top bounce off 200 EMA, showing resistance, and RSI above the 68 shark-fining in on TDI. Trade open at candle close at 6:45 am GMT, with SL @ 15 pips from trade open (7 pips above YH), and TP @ 40 pips from trade open, @ YL.