U.S. Dollar / Pound Sterling
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Analysis of #GBPUSD the GBPUSD might keep on falling to test its key support level near 1.2000, which could provide a reason to get in a buy trade if the market provides a bullish confirmation, Pin Bar, double bottom, or head and shoulders on the lower time frame. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 |...
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🎯 Daily levels where I would like to see my setup forms during the first 3 hours of Londo and NY Sessions. Please have in your mind that this is my Intraday trading pre-plan. It means that at least the conditions described below must be met for valid entry. My reaction will depend on how the price will arrive at the level and there I will be looking for a break...
#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...
Don't miss out on this 1:4 RRR. GU has been gathering momentum to push further upward since Monday. Breaking 1.24 will not likely happen this week but I look forward to seeing it break upward next week. What do you think guys?
In technical analysis, We are still, on Bearish Structure, But their is possibility for buying opportunity around the Discount Area to the upside. this is particularly the retracement to fill the imbalance to the upside upon supply area where there is Many selling orders lying.
Trend reversal pattern, we are looking for a reversal at the end of this week, nice and smooth PA to be here
Atm, supply has taken back the control, as price is reacting off a 4H major demand, price may continue higher from here but further confirmation is needed.
Around the box, looking to go long after wicks rejection on the psychological level. trade with proper risk management.
Hammer formed at 30 jun, after that bullish rally then bullish engulfing canlde on HL formed. HH, HL created Entry at 1.21360 TP 1.21641 SL 1.21080 RR 1:1
GBPUSD downward under 1.20650 TP.: 1.2015 & 1.1980 & 1.1860 stop 1.2098 Risk 2.0% The direction has a strong bearish under 1.2020 till reach 1.1870
Waiting for some rejection off of that support. If it does i'll enter a buy to the upside..but if it doesn't I'm looking for a break below.
Currently in this beautiful trade from a counter trend-line break. Now I’m just trailing my stop loss as we continue to fall. Can we break the lows and keep going down? Let hope so. 500+ pips would be nice. - Trade responsibly
Here is Gu on a higher TF. We can see the two key zones we are currently in-between. I expect price to reject at this level and once that happens I'll be in with a short. I just need a wick or 2.
As you know we've been crushing GU. We gained another 1.5% this week from GU earlier in the week. I'm expecting to see some continuation short here. We have bearish hidden divergence. This set up is a 1:2 R:R
We are 2 for 2 on our GU trades this week! I'm looking for one more trade with GU. Waiting for one last retracement for the week followed by a short. I'd like to see price go up into the golden zone followed with some bearish price action
Week is almost over. We crushed GU this week. Next week looks bearish as well. We have an engulfing candle that has formed. I will be continue to look for short set ups for the time being. Not looking for counter trades long. We may have to wait until Monday for price to retrace into the 61% on the fibb. (refer to my previous post on GU)