GBP/USD Price Analysis: Recaptures 1.3900 ahead of Bank of England.
GBP/USD is attempting a bounce above as the US dollar eases.
The cable regains 21-SMA on 4H, with eyes on 1.3952 resistance.
BOE likely to stand pat but could offer tapering hints.
GBP/USD technical outlook
Looking at the four-hour chart, GBP/USD is looking to reclaim ground above the...
-Looking for a trading coach?
-Want to learn smart money concepts?
-Want to take your trading to the next level?
Looking at AUDUSD which I'm currently short on
And other pairs that are on my watchlist for the near future which include USDCHF USDCAD and AUDCAD
Any questions regarding the analysis just leave me a comment or give me a message and il...
My analysis on this one is based on a Smart money concepts that some retail traders hardly ever use. We have a retail support zone that was violated (Manipulation), and resulted in us having an Order Block. I scaled down to the H1 to properly identify the Order block candle. price has since been bullish. Ideally, after an Order Block is formed, we expect price to...
There'e be a few fair value gap and berish order blocks along the way to knowc the price down a bit. But you have remotely equal highs which meamns there is. tone of liquidity resting aboveand around these areas of "Resistance" They're not resistance, they're just part of the algorithm themselves that were knocked back due to fir vlue gps and being oversolf on...
gold is currently approaching the 1H supply, we're seeing some reaction. I'll be looking for signs of distribution around 1820-1825 area to bring it lower towards the buy poi from earlier this morning.
ps: check my previous idea for the buy!
now price reach daily bullish ob and in h1 price bounce 2 time down so i am interested to looking peak that accrue if swing high break strongly , so not needed to price come back and retest ob or breaker and may go up, so i have many technique for entry