Overall trend is bullish ( Swing buys make sense ) Bearish 4h counter trend ( Scalp sells make sense until price break the last 4h high) W(Bullish) D(Bearish) 4h(Bearish Looking for buy when the HTF all are switch to bullish
I still see more down for now on this pair With the price give negative signs and still there is more room to test downside before any attempt for reverse My target on this 1.25476
i am expecting GBPUSD to hit buy liquidity zone and will be good buy during next week .. do you agree with me ?
Countertrend: bearish ( Short time sells make sense ) Overall trend is bullish ( Swing buys make sense )
Currently on the daily chart we can already see a clear h & s formation showing, as well as another h & S forming on the 4h time frame. this indicates to me there is a chance its trying for momentum upwards. I can see rejection already at the neckline of the 4h h & s and will enter this trade once there is a breakout of my support box or if a retest of the same...
📈 Dive into the GBPUSD market with me! 💱 In this week's Market Review, we're looking at the exciting trading opportunities that could shape your trading journey. 🚀📊 🔍 Analyzing the GBPUSD pair, we'll dissect the latest trends, chart patterns, and key support/resistance levels. 📈 Are you ready to navigate the twists and turns of this dynamic market? 📌 Highlights...
📊 Weekly Chart: Long shadow at support, prior resistance. 📈 Daily Chart: ABCD pattern, respecting support. 🕓 Four Hour Chart: Counter-trend trade possibility. ⏳ One Hour Chart: Bullish bat pattern, wait for confirmation. 🌟 Weekly Chart Insight: - Market stands still in buy zone. - Different from Eurodollar. 📊 Daily Chart: - ABCD pattern, support respected. -...
Clearly, price has broken support and considering that bearish rectangle pattern. I'm of the opinion that cable might run short. #Forex #TechnicalAnalysis
Good day, traders. Next week, we'll be keeping an eye on the GBPUSD. The first point of interest for us to watch for bullish momentum is 1.2550, and the second point is the 1.2500 zone.TP 1 in the zone of 1.2600 and TP 2 in 1.2700.
I am going to be very short. Almost all fellow traders here are "fighting" to get funded. I am one of them (even if I got funded from three different prop firms 6 times, because of my aggressiveness, I managed to get a couple of payouts). I am now trying to pass the second phase of two challenges (in two different prop firms), so I need a 5% return on my initial...
I think the Institutions will pump up the market after people are in short positions i am long lets see this is not financial advice.
The GBPUSD pair is currently exhibiting a bearish trend. The prevailing setup suggests a continuation of this trend favoring sellers. It is worth noting that the market appears to be aiming to increase liquidity prior to reaching the designated entry point.
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Hi folks today I'm prepared for you British Pound analytics. A few time ago price rebounded from resistance 2, which coincided with the resistance zone, and rose to 1.3145 points. But then the price rolled down and entered to downward channel, in which the British Pound declined below the 1.3000 resistance level, thereby breaking it. Also then price tried to rise,...
Im still focus for bearish Waiting for the next impulse.
Daily GBPUSD analysis Sell trade with target and stop loss as shown in the chart The trend is down and we may see more drop in the coming period in the medium term All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments. He gave a signal from the strongest areas of entry, special recommendations, with a...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Here's a clean and simple setup. Elliot Impulsive Pattern. Bearish Candle Down Trend So I expect to see the market dropping until it reaches our support in my falling channel. 👌