Waiting for a retest of 1.26898 to short GBPUSD back to 4H swing low at 1.25353 If you agree drop a like and if you have any questions leave a comment :)
FX:GBPUSD 4H Time Frame Trade Idea for the Week 4/1/2024 TO 4/5/2024
H4 and Daily timeframe are bearish right now. We are looking for a LH on both timeframe for sell opportunity.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
According to the yearly cycle we will be placing our trades based on the true year open and also with addition of the power of three we can see that the first quarter was an accumulation so now we are expecting for a manipulation of either the buyside or sellside liquidity then distribute to the choosen direction for 3 months
GU giving us another pretty simple view on price here, bearish across the board which is telling us 2 things, a new low is likely to be created soon or we will pullback before we put in this new low! so it gives us 2 ideas of what we want to see, firstly we sell off from the BOS on the hourly timeframe and we put in a new low before we have any kind of bullish PA...
Potential trade idea for the upcoming week. The price has been in downtrend and has expecting a pullback to the 50% fib before continuing its momentum back short. It also has a possibility of making its way within 61.8%.
WAIT FOR PRICE TO GO TO 4H BREAKER BLOCK, Breaker blocks are very strong areas of support/resistance. LOOK FOR A MARKET STRUCTURE SHIFT ON LOWER TIMEFRAMES 5M/15M ENTER SHORT ON FVG / BREAKER BLOCK ON LOWER TIMEFRAMES .
Trade Setup: - Entry: Sell at retest of trendline - Target: Extended towards Bullish Butterfly Pattern completion zone - Trade Management: Utilizing upsize trade strategy Analysis: While many analysts see consolidation, I've identified a potential Bearish Flag trading setup on GBPUSD. The series of lower highs on the 4-hourly chart indicates a possible...
Wait for break and retest then take a trade for Market bias
Bullish trend on GBPUSD is expected in HTF, while some pullbacks can be observed in LTF.
GBPUSD Analysis Price on the 4 hour timeframe has created a bullish Change of Character, resulting in a complex pullback happening right now. As it stands, currently bullish internal structure is still bullish, respecting the 4 hour and 1 hour order blocks. Ideally, I want to see price action come down to the 1 hour Order block and show us confirmations...
GBPUSD is sitting comfortably on a great demand level with a BOS which gives a correct entry to go long, there's also an inner BOS for short which entails price will surely go up.......mind you, if you down to the 15mTF for entry, we waited for price to breakout and retest to the zone and it did so is a great opportunity to go long
OANDA:GBPUSD The Pound, after falling for quite a while now against the US Dollar has been showing hands that hint at a potential upside movement, despite having an overall bearing stance. The 1.2600 Daily support level has proved itself really strong and unbeatable so far, despite price breaching it a couple of times, it still hasn't been able to bring it...
When he breaks the specified areas as shown in the chart, it is assumed that he will continue his way towards the goals
Hello Traders! This is my idea for GBPUSD. I expect a retracement from the Supply level which is also an OB level. I see a continuation of the bearish market structure and in case of confirmation of retracement from the supply level, I will execute a short trade. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and...