Hey Rich Friends, Happy New Year! I am so excited to be back and sharing trade ideas with everyone! Cheers to a peaceful and profitable year! I think GU will make a quick bearish move this week. Here is what I am looking at: - The most recent candle broke structure on the downside. - The most recent candle closed below the 50 EMA. - The momentum indicator...
Hey Rich Friends, It is time for another trading week! I think GBPUSD will continue to sell this week and here is what I am looking at: - The candles have already rejected off of the supply zone - The candles are closing below the 50 and 200 EMA - The STOCH is below is 20 and the orange line (slow line) is above the blue line (fast) This is only a technical...
Hey Rich Friends, I think GBPUSD will continue to sell this week and here is what I am looking at. - The first thing I noticed was that the market has already rejected 2 previous supply zones and is continuing to fall - The current candle has opened and closed below the 50 EMA - The STOCH is facing down and below 0 - Sellers seem to be gaining momentum. I...
Hey Rich Friends, Happy Pisces Season! As a gift to everyone, I have a very special offer for my eLearning platform where you can save over 50% on all mentorship plans. You can register by clicking here or filling out this form. I wanted to share my technical analysis of GU this week. I think it will continue to buy and here is what I am looking at. - The...
This chart shows GBPUSD trade using buy stop on resistance level
GBPUSD LONG IDEA Looking for price to pull back into the discounted area below BSL. We have a high volume order block just below and am looking to see price treakle down to this area and continue higher. My entry is just below the BSL.
=)))) in... another university =))) I'm jogging, sr! okay, start with job! All in! Buy! Good Luck!
In this video, I'll conduct a comprehensive analysis of GBPUSD , examining it from a High Timeframe (HTF) perspective down to our Low Timeframes (LTF) . This approach will provide insights into what to expect in trading for the upcoming week. Additionally, I'll delve into an analysis of the DXY to further enhance our understanding of market dynamics. Stay...
**GBPUSD:** The price tested the EMA200 last week. The forecast is for the price to rise to the 1.2790 area and then fall.
Gbpusd result, Stopped out at daily High. Now there could be a long-term change in direction
We have a great imbalance on this chart. Great set up just waiting for the PM session which is ict concept.
price hit 1.2700 psycho level breaking a supply zone also testing a supply TL , now price pulls back into the supply zone we may see bulls coming from 1.26700 if the level holds price, here we can see that 1.26700 is also a strong support, base on the above we believe that bulls may continue and possibly head for the key level 1.3000 soon
#GBPUSD - well guys overall pound is struggling to find a direction but for a while market did not find it, and on technical basis 1.2715 is the key level for pound, even you can see in history the importance of that area, but due to consolidation phase you can difficult to judge the importance of that level, but on chart we have only one area 1.2715 it will...
GBP/USD is poised for a downtrend with targets at 1.26600, 1.26400, or 1.26200. Take profit at any of these postions (Black boxes) as long as the price breaks and retests the support lines. Technical indicators signal weakening bullish momentum, supported by Brexit uncertainties and monetary policy divergence favoring the US dollar. Traders should monitor closely...
As you can notice on the chart the market is coming down to the area where we have our OB placed, BUY GBP/USD at 1.26628 and set your TP and SL as sat on the chart! For further questions, the comment section is all yours!
Similar to EUR/USD, after taking out an Old ERL which pushed the price down into a Bullish IRL and price seems to be respecting it. I will be expecting a long to the Daily ERL on Monday to the price area of 1.26837
💵Pair Name : GBP/USD 🌐1 DAY RELATIVE PERFORMANCE GBP 0.10 % / USD 0.00% Time Frame : 4hrs ------ 🔗 Key Technical / Direction ( Long ) Type : Mid Term Swing —————————— 💲Why We Enter'd This Trade / ———————— A strong monthly support area at 1.26500 was broken We also have a very effective head and shoulders pattern at the current level With...
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...