GBPUSD after fibo 0.5 / 0.618 confirmation sell short GBPUSD multiple TP please consider right risk managment
GBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday. Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see that the price a not long time ago started to trades inside a downward wedge, where it rebounded from the support line and rose to the resistance line, coinciding with the resistance level with the seller zone. After this move, GBP turned around and in a short...
Greetings Traders! Join me in today's video as we delve into an in-depth analysis of GBPUSD and DXY, exploring key expectations for today's trading session and summarizing this week's trends. This analysis is crucial as it sets the tone for next week's trading as well. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to...
Im looking for this bearish structure. Trade with your own risk.
Time Frame: 4H Symbol: GBPUSD Entry: 1.26465 TP: 1.25107 SL: 1.27654 Bias: Short For GBPUSD our expectation is for going short. The energy and unpredictability structure including dynamic help and obstruction our overwhelming projection is bearish and thusly we are going for a short entry.
hi, this is a GBPUSD trade with a high probability because price hit a very importan area, using MARKET STRUCTURE
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300...
Hello,Friends! The BB upper band is nearby so GBP-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.254. ✅LIKE AND COMMENT MY IDEAS✅
📈 GBPUSD Long Setup 📈 I'm identifying a potential long opportunity on GBPUSD based on Elliott Wave analysis. 🔍 Wave Analysis: We've completed waves (a) and (b) with a current move up forming wave (c). The target for wave (c) is at 1.27804, with a retracement level at 0.762 (1.27008). 🎯 Target: Entering long around the 1.27008 level, aiming for the...
I hope you find it rewarding This week I think there could be a downward correction in GBP/USD, after which we can establish long positions in the blue zone. The internal signals of the day will be analyzed for you every day
Let's take a closer look at GU. GU has mitigated HTF IMB, but seems to be for our HTF POI, by using the previous internal HH(wick rejection) as IDM. As the chart shows, this is also in line with what we expect from the DXY review analysis and the EU. Most likely, due to future fundamentals, most xxx vs. USD may fall during the New York session. Because we saw...
I forgot to post this pair ! GBPUSD Can go up from here and I think this is the reason why we hit stop EURUSD and USDCHF ! I think market needed to reach this area for GBPUSD !
Hey there, So, this morning I switched on my computer and while going through my watchlist I saw that there was a potential setup coming together on the GBPUSD. Instead of just taking the trade, I though it would be a cool idea to record the actual trade and share it with you all. I am still in the position, and though it would be better if I split the...
GBPUSD just completed the head and shoulder pattern so we should be expecting a large selling momentum in the market
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade
Within a week, you can trade from these price levels. Finding an entry point for trading depends on your trading style and how the situation develops. If you expect medium-term price movements, it's likely to start in one of these areas. The level was good for a week, and the next morning I adjusted the level based on the new data Prices are plotted based on...
It is expected that after some fluctuation, the price will cross the support range and continue the downward trend