Ideas not advice Supporting area has lasted the attacks of the bears for almost 2 days in the supporting zone. Every time that zone is approach GBP bounces back up Currently, we see supporting structure holding up this demand, liquidity extractions, imbalances from sudden upside has been filled today, so now we will see a drift upwards as the next move. ...
If I was in session I'd sell this, but part of my rules, is I don't take any trades outside of either London or New York, I believe there is still a lot of liquidity below the lows, that needs to find it's way back into the market also this is a perfect entry signal, even though we are looking bullish, this would be a little sell I'd take with a tight stop loss...
Take market structure to a whole new level with colour coded higher highs and higher lows etc to differentiate between macro and micro structures. Follow the trend.
EUR pairs to be getting stronger, so we can expect this pair to trend up.
GBPUSD is struggling between ranges if it breaks R2 then we will execute buy stop plan and if it breaks S2 then we will execute Sell stop Plan
Please pay special attention to the very accurate trend, and colored levels are very useful. ************* red level as SL ********* Its a very sensitive setup, please be careful. BEST, MT
Please pay special attention to the very accurate trend, channels, and colored levels. Its a very sensitive setup, please be careful. BEST, MT
Hello,Traders! GBP-USD has retested the Horizontal support of 1.2395 From where we are already Seeing a bullish rebound And I think that the pair Will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I am going long on GbpUsd as it is bouncing off a support zone and has broken the 1 he trend line. My setup will be invalid if it falls and breaks below the support zone
GBPUSD - Feb. 19th, 2024 By request. BUY/LONG ZONE (not shown): Starts at 1.26250, adjustable to channel low. DO NOT TRADE/DNT ZONE (not shown): 1.25910 - 1.25250, adjustable to channel levels. SELL/SHORT ZONE (not shown): Starts at 1.25910, adjustable to channel high. Weekly: Bullish Daily: Bearish 4H: Bullish 1H: Bearish Weekly: Bullish, bearish if there's a...
GBPUSD FX:GBPUSD - Mar. 12th, 2024 BUY/LONG ZONE: 1.27970 - 1.29425 DO NOT TRADE/DNT ZONE: 1.27550 - 1.27970 (Extended area would be 1.26950 - 1.27970) SELL/SHORT ZONE: 1.25355 - 1.26950 (Extended area would be 1.25355 - 1.27550) Weekly: Bullish Daily: Bullish 4H: Bearish 1H: Bearish Previous bullish target is shown and for the visual I did extend it on the...
Overall, GBP/USD is still maintaining a downward trend. This currency pair continued to decline during Wednesday's US trading session. Based on technical analysis, the Relative Strength Index (RSI) is currently trading around 40, which is often a sign that prices will continue to decline sharply. In this context, investors need to be cautious and carefully...
Currently, GBPUSD has exhibited a false break of structure, commonly known as Turtle Soup, suggesting a potential bullish draw towards the daily Fair Value Gap (FVG) . Price has retested an m15 bullish order block, indicating a possible bullish continuation. Alternatively, price may reach the H1 Order block, where a confirmation entry can be sought for a...
GBP USD PRICE - in the chart price fall from resistance zone after that price created a up trend line price got break out of up trend line, nd created a falling wedge pattern now price will be back to resistance zone to fill the liquidity area, make a long entry as shown in the picture
The rally that happened in the Cable due to the news has seen a follow-through that created the Bullish MH3 (Green Wave). This trend however has been weakened by the pullback of Structure 4. This price has traded below the prior Structure 2. Having said that, the price is still firmly trading in the Buy Zone of the Fibonacci measured from the low to the high of...
Price has been stagnating in the daily Fibonacci zone between 50 and 61.8, price has made a higher high and higher low on the lower timeframes. Positive data release for the pound, anticipating a bullish leg up into 1.26000
I had mentioned that price is looking like it wants to retrace. Its stalling a bit. Kinda looking like it does not want to make the move so being cautious. but not interested in selling until I see a healthy pullback to solidify a stronger move.
The pair is still in a downtrend with a recent correction. It seems to be finishing its correction and presents a selling opportunity.