This is just a overall update on yesterdays trades and new market outlooks. In this video i am mentioning the following currency pairs: GBPUSD EURNZD GBPAUD Also i called out eurgbp sell from previous videos lol look where it is now!! lets go
The GBPUSD is encountering a formidable resistance zone between the levels of 1.26720 to 1.26850. Within this range, there is a convergence of factors including previous swing levels, the 50% Fibonacci retracement level, and an impending trendline break. Conversely, buyers will be looking for a break above this resistance to negate the bearish setup and bolster...
GBPUSD H4 9 April 2024 Yesterday, the GBP/USD pair experienced an uptick, though it presently confronts a formidable resistance at the 1.2660 mark. This dynamic primarily stems from a tepid U.S. dollar performance, as market participants await the critical U.S. Consumer Price Index (CPI) data scheduled for release tomorrow. Nevertheless, the Pound's momentum...
Trend trading is a trading style that attempts to capture gains through the analysis of an asset's momentum in a particular direction. When the price is moving in one overall direction, such as up or down, that is called a trend. Trend traders enter into a long position when a security is trending upward. An uptrend is characterized by higher swing lows and...
GBPUSD inside an descending channel. break out with 4hr candle close above channel solidifies bullish sentiment.A close within offers opportunity for minor sells to 1.26553
To go in line with my current DXY bias based on current price action, I want to see this Daily Order Block traded to as a target going into today. 1.2720 is my one and only target from where we are currently. Time is 6:35 AM eastern standard time. I’ll post my personal entry if and when I take one during NY open. If nothing is provided then I’ll sit on my hands...
GBP/USD is trading back and forth around the 1.2660 level and remains within the trading range of Monday. After breaking through this range, the price continues to rise strongly with no signs of a decline in the . Looking at the chart, we can see that both technical indicators, SMA and RSI, are supporting the upward trend for this currency pair. Especially the...
As we wait for the CPI data release which is going to be negative for the US dollar I urge you to place a limit order so we can wait together and we can get filled in on a good price, stay tuned for more updates, do well to like share and follow
GBPUSD produced bull flag Idea. It is currently clear of news until tomorrow and now the bull flag is produced after strong momentum to the upside.
Currently, I'm observing a continuation of bullish institutional order flow , particularly towards the H1 Buy Stops , which serves as our Draw On Liquidity . Price action is positioned at a crucial juncture, resting upon a significant H1 Bullish Order Block , aligned with a reclaimed order block — an institutional support zone. In this scenario, I...
Idea is it longs to where the white line is or in the area of the red box. Once it does, short the white line. This just an idea, I'm already in the long position. Testing a Volume+ FVG strat
Not trading today because of no news but this is what I'd be looking at... I'd be looking at getting involved if price pulls back, I'd be long until price reaches the daily OB (red line) and then I'd wait.
Counter trend set up trade Shorting position at 2670. Daily BIAS remain bullish. Going down on 1hour TF, you will see that EQH has been taken mitigating the orderblock that correspond with IMB on the same time and price. SL2690 TP1 2619 TP2 2600
GBP/USD continues to move sideways, awaiting inflation data from the United States for a new direction. The GBP/USD exchange rate is trading around the 1.2660 level and remains within Monday's trading range. Technical indicators such as the Simple Moving Average (SMA) and Relative Strength Index (RSI) are supporting an upward trend for this currency pair. The...
H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Price may go bullish from the current market price as it bounced off the level of 1.26521. A buy opportunity is envisaged. My first target will be 1.26836 and second target is 1.2707
GBP/USD 1H - This is the second pair I provided analysis for yesterday and ask you can see price has played out as predicted on this one as well, we wanted to see price trade up from this area of Demand. Price has done exactly that, breaking out of this ranging market, we have now seen a new bull run take place. Due to the lack in volume I am expecting price to...
Hello traders, come discuss and strategize with me today! Overall, GBPUSD has undergone a significant correction (as shown on the 3M chart) with the price falling above the 1,450 level. It is currently trading at a new high of 1,257 after touching 1,038, marking a gain of nearly 27%. As RalphBenjamin mentioned in the analysis, GBP is currently in a correction...