The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern.
Sell Entry: Consider entering a short position around the current price of 1.2675, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish...
Here on GBPUSD price has break the support level forming a resistance and move down big so at this point it expected that is going to touched the pyschological level of 26000 were as the movent is coming from level of 27000.If the price touch the psychogical level of 27000 that were we can now make another decision depends on pattern that form.
GBPUSD Trade Idea NY Killzone
This hurts because I saw it form and had to dash to run errands. Pura Vita!
I suspected that price would decline and seek the equilibrium to take out sell stops before potentially swinging up in NY Killzone to my anticipated sentiment of then taking the buy stops.
London created the low by 8am. Just as the NY killzone was...
In this educational video, I will delve into key ICT concepts such as Market Structure, IPDA delivery, Order Pairing, High Resistance Liquidity Zones, and Draw On Liquidity, Entry Confirmations. Additionally, I will provide a detailed long-term daily perspective on GBPUSD.
The purpose of this video is to elucidate why I identified a potential sell opportunity...
GBP/USD and gold prices. Here, we’ll scrutinize recent price behavior and dissect essential levels where historically there has been strong buying or selling pressure and which could be used for risk management when establishing positions.GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US...
GBPUSD - 24h expiry
The primary trend remains bullish.
The selloff has posted a correction count on the daily chart.
A move lower faces tough support and we remain cautious on downside potential.
Risk/Reward would be poor to call a buy from current levels.
Setbacks should be limited to yesterday's low.
We look to Buy at 1.2640 (stop at 1.2604
Our profit...
Continuation of previous text... .
Traits of the best traders .
The best ones are very independent. I haven't met anyone who relies on the opinions of others in making decisions, especially opinions published on forums on the Internet or in the press.
There's a saying that Wall Street is the kind of place where people come in Rolls-Royce cars to listen to...
Price has touched the psychokogical levels of 26500 and now about to move so it expected to buy at that level then wait for the next move of the market . So it expected to set a stoploss below the psychological levels of 26500 now move target another profits at levels of 27000.
"Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes...
We observed two unusual breakouts on the 📉GBPUSD chart. The market had been trading in a tight range for about four days, forming both a symmetrical triangle and a horizontal range.
The recent breakout below the support of both the triangle and the range indicates a show of strength from the sellers.
This suggests that the price could potentially decrease to...
Preferred direction: BUY
Comment: Today, a rather large amount of economic data from the United States is expected. Against this background, we have an active long trade in the pound , where, according to scenario №2 , we expect growth to the level of 1.27500 . During the publication of data, it is possible that the price will fall, but not below the level...
