The 15-minute timeframe is now a downtrend, we saw a completed wave structure yesterday. The pullback to that move is valid and we expect a follow-through. Having said that, the 1Hr timeframe is still not 100% Bearish, we need to see a break below 1.2466 before we can safely say the H1 is now bearish.
The alternative Scenario is this; If the price should fail to...
Greetings Traders!
In this comprehensive video, I'll delve into the DXY and GBPUSD, offering valuable insights for the week ahead in trading. It's essential to adapt your strategies to the market conditions. Presently, we've witnessed a retracement to a significant point of interest, hinting at potential bearish momentum to follow.
Stay tuned for the latest...
Hello traders,
In today's video, I'll delve deep into the GBPUSD analysis, offering a thorough outlook for the upcoming trading week. With significant developments unfolding on both the DXY and GBPUSD charts, it's imperative to dissect the possibilities that lie ahead.
Stay tuned for invaluable insights that can help guide your trading decisions. Don't hesitate...
I have done plenty of analysis on the GBPUSD in the past few weeks and nothing has changed in our outlook.
The wave of disbelief has matured and we are now selling the cable.
The risk is 1.2636 about 60 pips from where we are right now.
For those who like confirmation, a break below 1.2568 is your first confirmation that more sellers have joined the party.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
📈 Trading Alert: High Impact Dollar News Incoming Today on the Dollar!!!
Friday NFP Market Insights:
Prepare for significant market movements as we delve into High Impact Dollar News & Today's Trading Analysis! Today, anticipate major announcements like Unemployment Rate and NFP. Join me as we analyze today's trading ahead, exploring potential market movements...
CAD/JPY
The outlook of the CADJPY is very bearish, based on the Multi-timeframe waves structure count we should be expecting more downside in the pair. The bearish wave structure (4) on the H4 timeframe is not complete yet, we have seen a bearish 0, 1, 2, and 3 wave structures on the M15 timeframe. Having seen the 3 waves, we now have a more than 70% probability...
Looking for bearish price action but aware of my bias. Need to see more confirmation in price action before getting active on any position. Price is basically in a neutral zone and can go either direction.
price has been waiting to move in position to start a bearish move. we are now in position to form a solid H&S pattern on the 8HR chart. need to continue to see confirmation it wants to continue down though so will scalp cautiously.
Here the price made a rebound around psychological level of 1.25500 and now trying to break the trendline after bouncing up several so going for SHORT is need and targeted profits should be around support area down .
My brief insight into GBPUSD after the BOE interest rate decision yesterday. Interest rate stayed the same and price eventually moved in-line with this sentiment. As price has corrected against the pre-dominant bearish trend, this is only a short term move.
- Daily Bearish Rejection and FT from Weekly FVB.
- 4H Bearish OFR with Bearish IMBs.
- Enter from the last 4H IMB to target 4H Swing Low and eventually Daily Swing Low.
- Best Target - 1:2RR
