GBPUSD 1d shoulder neck shoulder Support: 1.25000 - 1.24000 This is not investment advice
GBPUSD 4H Short setup Support: 1.28000 This is not investment advice
Hey guys, here you can see the hourly chart of GBPUSD: i'm in here because of my higher timeframe analysis that allows me to highlight a structure area (yellow box) from the daily timeframe. When price touches such zones it usually reacts, giving us an edge to exploit the market. In this case you can see price has formed a double top followed by a break of...
Hey guys, here you can see the hourly chart of GBPUSD: i'm in here because of my higher timeframe analysis that allows me to highlight a structure area (yellow box) from the daily timeframe. When price touches such zones it usually reacts, giving us an edge to exploit the market. In this case you can see price has formed a double top followed by a break of...
Our preference: position below 1,2950 with targets at 1,2860 & 1,2830 in extension. Alternative scenario: in excess of 1,2950, aim for a continuation of the rise with 1,2990 & 1,3030 in line of sight. Comment: as long as 1,2950 is resistance, trading range with a bearish bias
On H4 chart we observe a downward movement, which began from test of this year’s high set by series of peaks from mid-May. So far declines are not violent but reaching new lows can trigger a stronger supply response. Price should then move towards next support at 1.2810-20. Last candles look bearish so declines are likely. In this context, consider short position...
On H4 chart we observe a downward movement, which began from test of this year’s high set by series of peaks from mid-May. So far declines are not violent but reaching new lows can trigger a stronger supply response. Price should then move towards next support at 1.2810-20. Last candles look bearish so declines are likely. In this context, consider short position...
Before anything else, I would like to make it clear that I would first like to see a pattern completion/confirmation of either the Double Top or the Head & Shoulders before entering short trades. At the moment, price has reached former resistance area and this can be treated either as the 2nd top or the Right Shoulder. Minimum targets of each, wherever you like...
This pair has recently shown some bullish momentum. I think this bullish move is going to end very soon. May be this week, the GBP/USD is going to turn bearish. However, there is still room for intra-day buyers as the pair still needs to rally at least 200 Pips to reach the sell zone . At 1.3264, the pair will find confluence of resistance. What are those...
On a short term basis, SELL on GBPUSD NB: Remember proper money management
Expecting price to fall back into the weekly and monthly downtrend to 1.25408 after recent strength.
Our preference: sales position below 1,3000 with targets at 1,2950 & 1,2910 in extension. Alternative scenario: in excess of 1.3000, aim for a continuation of the rise with 1,3030 & 1,3075 in line of sight. Comment: The slide under 1.3000 is a negative signal that paved the way for 1.22950.
This is likely if 1.3035 holds... No entry for me yet, will have to look @ lower TF's
Sell below 1.3044. Stop loss at 1.3081. Take profit at 1.2935. Reason for the trading strategy (technically): Price shot down towards our profit target before bouncing up once again. We now prepare to sell as price is approaching major resistance at 1.3044 (Fibonacci extension, horizontal swing high resistance) and we expect a major reaction off this level for a...
GBPUSD is reaching a good sell zone must watch it carefully and taking good position Harmonic pattern almost completed .
GBPUSD 1D Short Resistance: 1.30557 Support: 1.27250 - 1.25900 This is not investment advice