GBPNZD sell area, medium risk RSI overBuy, great lvl for reverse after push
- Price inside a correction - Price to break line and do a breakout - Price just did a double bottom - TP would mean price hits 50% fib & double top
march 18 2021: GBPUSD sell level @1.40235 and buy level @1.39025
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After the USD pairs have had significant moves, and order blocks have been created and filled by smart money it has created pools of liquidity under many pairs one of them being GBPUSD.liquidity void sell
GBPUSD - On hourly candles & chart it's approaching a stiff resistance zone , it should drag down Go sell only below 1.39300 Maintain stop loss around 1.39800 Potential downside target 1.38200 - 1.37900 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top most renowned...
Daily/4h time frame analysis on GBPUSD. Potential scenarios. Trading recommendations.
GBPUSD rebounded from supply zone at level 1.4000 with bearish movement MACD shows start of bearish momentum It's expected for coming correction to target first HVN at level 1.3890 then finally target demand zone at level 1.3810
Prices are approaching our support in line with our horizontal pullback support and ascending trend line where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
The price failed to break a price resistance level at 152.024 and make a descending tunnel pattern indicates that the price want to go down.There are rejection on the circled area that i draw as my confirmation to enter a short. Any thought?Feel free to share with us.
The Perfect Butterfly pattern is defined by a B point retracement that an exact 78.6% of the XA leg to set up the ideal alignment of Fibonacci ratios. 1. Exact 0.786 B point retracement of the XA leg. 2. 1.27 XA projection exclusively. 3. 1.618 BC projection. 4. Alternate 1.27 AB=CD in the PRZ. 5. C point with range between 0.50 to 0.886 retracement.
BUY GBPAUD after it retested the trend line. ENTRY: 1.79900 SL: 1.9650 TP1: 1.8100 TP2: 1.82100
EURGBP is facing bearish pressure from 1st resistance and descending trend line resistance which is in line with 127.2% Fibonacci retracement. Prices might push towards 1st support which coincides with horizontal swing low support which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement. If prices break through the 1st resistance, it might...
The support zone is way to strong. Time to BUY EURGBP again. ENTRY: 0.85613 SL: 0.85500 TP1: 0.86000 TP2: 0.86400 Please like and comment what you think! Thank you!