We are looking for selling opportunities as we are still inside a bearish trend and momentum
Price confirmed a bullish scenario weeks ago, but we expected a retracement to a dailyy liquidity and then going up. And as of this moment the daily liquidity has been reached and we are now at the 4H liquidity at which if the current 4H candle closes above it will be a good confirmation to buy and hold for days. But what we are looking at right now is a reversal...
Waiting for a retest of 1.25121 to short GBPUSD back to 4H swing low at 1.23109 If you agree drop a like and if you have any questions leave a comment :)
- Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Analysis: - Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Trade Plan: - Long Opportunity: Consider going long...
The Pair is trading along its limits waiting a move upward this week - you can enter Buy upon break of falling trendline or if price retreated to the support level shown ( must be before the break of trend ) backup of idea : Please watch USD dollar news this week especially ISM manufaturing index ,interest rate decision and NFP payrolls which reflects to imminent...
tapda and power of 3 entry model test OANDA:GBPUSD TAPDA Framework: TAPDA is a comprehensive framework used by traders to analyze various aspects of market behavior. Here's a breakdown of each component: Trend: This involves identifying the direction in which the market is moving. Traders typically use trend analysis tools like moving averages, trendlines, or...
Currently on GBPUSD price has respected the daily inverse fair value gap and is now heading for our entry area which is our daily inverse fair value gap + a normal daily fair value gaps the form there the price would have taken out our Internal range liquidity + our Buyside liquidity which means we are left with our External range liquidity which is also our Sell...
DXY AND GBPUSD ANALYSIS. Great analysis before NFP week, great setups to look at. Enjoy, Trade safe.
FX:GBPUSD Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Cuphandle pattern in continuation pattern in GBP/USD Entry .stop loss .take profit and buy stop
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Check out this week what will happen. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide,...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. If usd came out stronger this coming week, i will be focusing on both Gbpusd and Nzdusd for shorts.Let's see! Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed...
Those who are passionate about trading know that this is a tough business. You have to understand that the predictions people make regarding the price movement directions are based on probabilities. There is no such thing as 100 percent direction in the market and that is because the market can turn against you or your direction any time it wants. The reason...
the monthly has price trading in an imbalance. Consistently down the timeframes, price has shown a willingness to want to buy. the 5 mins present us with opportunities as shared albeit with the understanding that it can be violated. I stand to be corrected that GU is bullish
As we have been bearish on GBP/USD, this is my idea for the upcoming week, we have not yet broke our trend or showed any signs of reversal on the GBP/USD market. THIS IS AN IDEA NOT A PREDICTION THE MARKET MIGHT MOVE IN AN OPPOSITE DIRECTION THIS IS NOT 100% ACCURATE, FOREX IS RISKY AND YOU CAN LOOSE ALL YOUR CAPITAL. FX:GBPUSD
The GBP/USD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar currency pair. Also called “the cable”, this cross belongs to the group of Majors. The GBP/USD tends to have a negative correlation with the USD/CHF and a positive correlation to the EUR/USD currency pairs. The Sterling is one of the four most liquid currencies in...
Here I have GBP/USD on the Daily Chart! After our New High since August 2023 @ 1.28938 , we've seen Price decline quite drastically! In fact, we were given a NEW LOWER LOW on Tuesday @ 1.24052! Now with this Low having been created after our Lower High @ 1.2708 (Point B), this Price Action breaking our previous Low @ 1.25394 CONFIRMS my prediction that we could...
Please refer to my monthly analysis for Cable as this is an extension of my weekly and partial intra-day projection. In regards to the daily timeframe, I expect minor relief rallies with the bearish order block being my last line of defence. In fact, it would be a perfect area to capitalise on shorts with a tight stop. 1.23623 weekly order block next in line. My...