Daily Wyckoff on the daily another chart will be posted on a possible lowe tiemfram entry,
On A Higer time frame we can see Price Descending, but a clear return to Supply zone for a continued Sell
Awaiting for manipulation at the beginning of the week, ideally Monday before high impact news is released which worked out to absolute perfection. 8am US session was when the lows was created for this week @ 1.23100 before witnessing the buy programme book price to the highs of 1.23616 throughout the US AM session leading into the US 2pm session. Going into...
GBPUSD in 4h timeframe chart is printing Inverse Head and Shoulder Reversal Pattern with Bullish Divergence after it's declining phase. My trade plan is if It breaks it's neckline. I'll Long it with Buy (Stop) order type at breakout point 1.24710 my Stop Loss at 1.24210.
Buyers continue to show resilience over the days as price has failed to break below 1.24556 Level. This shows there’s could be a possible bullish trend development for days to come. I anticipate some short-term bullish sentiment to area of $1.27 before selling pressure may resume.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Investors have been flocking to safe assets recently as tensions in the Middle East have escalated with two-way retaliatory attacks between Israel and Iran in the past few weeks. This has meant the bullish momentum has been building in the US dollar, weighing on most other major currencies. GBP/USD has been caught in the crossfire but the weakening fundamentals...
Major trend is down trend and the price is currently hit the potential 1.24635 resistance level. Utilizing the power of three, the GU surging to the upside on the london session and then go down for the rest of the weak. If the downtrend continues, the price is already hit the h1 fibb retracement It also hits the m1 bearish ob
As I am bearish on DXY I am bullish on GBPUSD. 1.2457 pierce is my personal confirmation to look for a push up to 1.2483 area. Remember disrespect of gaps that form in the opposite of your bias should confirm that your bias is correct. Like follow and comment I will be a lot more active on here. At least one post a day minimum.
I'm waiting for a pull back due volatility to trigger my buy limit order. I have a buy order at the green line and SL at the redline. Very tight. I'm not risking too much here I'm already long on AUD/USD. If it doesn't happen I'm not forcing it. I'll cancel my orders.
The GBPUSD pair has hit a resistance zone and displayed bearish price action on lower time frames, suggesting a potential continuation of the downtrend towards the target levels indicated in the chart. Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis...
The British pound (GBPUSD) is currently just above 1.235, hovering near its lowest level since November 2023. Investors are carefully evaluating how strong recent UK PMI data might influence future monetary policy decisions. The latest PMI figures indicated that business activity in the UK surged to its highest point since May 2023, primarily due to significant...
Intraday Bearish below (1.24848): Price broke below 1.24475 am expecting the price to drop towards 1.23900
Imagine a world where a single day of price action can make or break your month. Well, if you’re a momentum-focused day trader, this world is not too far from reality. Day traders tend not to hold overnight risk, a strategy that aligns with their preference for quick, intraday trades. This approach means they must enter and exit positions swiftly, often multiple...
Potential for a bearish pullback on the GBPUSD 1W which could lead to a price movement towards the support level at 1.19600.
The OVR take profit for this Double Top is 1.13318 i.e. a 700 pip drop, whilst from current price region is roughly 1.1k plus pip drop! If GBPUSD keeps breathing bearish? I expect a break of the zone (1.05000 region) then we hit parity level i.e. 1.00000. Parity is the quality or state of being equal or equivalent. In this case? I'm predicting the value of Great...
Prior to my last GBPUSD analysis on Sept 8 2023 Where I proclaimed the crash of London's papers, lol! Which was to happen if GBPUSD keeps printing bearish momentum despite and after hitting a Major Descending Trendline for the THIRD TIME and also when all technical tools i.e. key levels (S&R), Fibonacci & order blocks are supporting (or in confluence with) the...